In this episode of Macro Matters, Business Standard's Ankur Bhardwaj speaks with veteran journalist A. K. Bhattacharya on a fundamental question: What does the Indian State owe you, the citizen?

In this session, Arindam Ghosh, South Asia Head – India, Institute of Management Accountants, talks about accounting, finance, and provides career tips to the B-Schoolers. >

Donations to the PM CARES Fund fell sharply in FY25. Spending also dropped to a five-year low. Yet, the fund’s balance rose to a record ₹8,452 crore. Here’s what the latest audited accounts show.

India is pushing harder to reduce defence imports, with 405 critical items now added to its sixth Positive Indigenisation List. From helicopters, tanks and missiles to radars and ammunition.

The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, passed by Parliament on August 13, 2026,

Arsenal got its title defense off to a perfect start Friday with a 3-0 win over newly promoted Coventry City in the opening match of the Premier League.
In France, a second-half double from Amine Gouiri set Marseille on its way to a 4-0 victory over Strasbourg on the first night of this season's Ligue 1 action.
Elsewhere in Europe, Real Betis beat Real Sociedad 1-0 in the Spanish league while fan trouble overshadowed the first round of the German Cup.
Arsenal sweeps Coventry aside in Premier League opener
=========================================
Newcomer Christos Tzolis helped set up two goals as defending champion Arsenal opened the Premier League season by dismantling promoted Coventry 3-0 to spoil the visitor's long-awaited return to the top flight.
After ending a 22-year wait for the Premier League title, Arsenal showed why it's favored to repeat as champion by completely dominating Frank Lampard's side in a game that was one-sided from start to finish.
Kai Havertz, Bukayo 

Arsenal FC

Press Trust of India

Frances Tiafoe and Brandon Nakashima won quarterfinal matches Friday night to set up one all-American men's semifinal at the Cincinnati Open. Coco Gauff and Jessica Pegula also advanced to make it four U.S. players in the semis.
"It's insane, I think we're all doing so well," Gauff said. "Hopefully, you know, we can have a double title win. Obviously there are more matches to be played for that to happen. We definitely root for each other."
Tiafoe beat Italian Lorenzo Musetti, 7-6 (2), 7-5, and Nakashima beat fellow American Taylor Fritz, 7-6, 4-6, 6-3, marking the first time two Americans have reached the men's semifinals in Cincinnati since Andy Roddick and Mardy Fish in 2010.
Nakashima is the first American man to reach the semifinals in Canada and Cincinnati in the same season since Fish in 2011. Nakashima is coached by Tiafoe's former coach, Wayne Ferreira.
"It's a guy who knows me pretty well in Wayne," Tiafoe said. "I expect some good serving and all the best from him. Happy

Coco Gauff, Coco

BJP national president Nitin Nabin on Saturday held the first meeting with the party's newly appointed national office-bearers to discuss poll strategy and grassroots outreach, party sources said.
The meeting focused on preparations for upcoming state assembly elections, grassroots mobilisation and communicating government initiatives to the public, the sources said.
More meetings are scheduled later in the day, with state presidents, state in-charges and chief ministers of BJP-ruled states expected to attend, they said.
The BJP announced a new national team under Nabin earlier this week. It comprises 65 office-bearers, with 51 new faces.
The new team includes 13 national vice presidents, including former Rajasthan chief minister Vasundhara Raje Scindia and former RSS functionary Ram Madhav, while former Union minister Smriti Irani has been appointed as one of the eight national general secretaries.
B L Santhosh has been retained as national general secretary (organisation) and Vi

Nitin Nabin

Tribunal directs SpiceJet and aircraft lessor Aviator ML to pay Rs 7.5 lakh each after they reached a settlement following reservation of the matter for orders

spice jet

Business Standard

The proposed platform will provide learning content, expert guidance and structured preparation to students following the Prime Minister's Independence Day announcement

Exam

The projects will add about 410 km to the Indian Railways network and are scheduled for completion by 2030-31, the government said in a statement

Indian Railway

Samajwadi Party chief Akhilesh Yadav on Saturday said his party would not break alliances, asserting that the fight is against the BJP as he accused the ruling party of pursuing policies benefiting big business groups.
Addressing reporters at the party headquarters here, Yadav said, "The Samajwadi Party never breaks alliances. When the Samajwadi Party agrees to move forward with others, it stands by them, and we have always honoured our commitments."
He said the party's objective is to form a government committed to social justice based on socialist ideology and solidarity with the 'PDA' -- 'pichhda' (backward classes), Dalit and 'alpsankhyak' (minorities).
"They are scared of the PDA, that is why they are trying to misrepresent the PDA. The greater the suffering, the stronger the PDA will become," Yadav said.
On inflation, the Samajwadi Party (SP) chief said essential commodities have become expensive, particularly with festivals approaching.
"Everything is becoming expensive tod

Akhilesh Yadav, Akhilesh

The Tamil Nadu government has issued work orders for nearly 1.28 lakh gold rings, costing approximately
Rs 220 crore, to two jewellery retail chains under the 'Maternal uncle gold ring scheme' for newborns, a poll promise made by TVK, an official said on Saturday.
Over one lakh gold rings are required to implement the scheme for four months and the welfare initiative is set to be launched on September 15, marking the birth anniversary of Dravidian icon CN Annadurai.
Children born in government hospitals from June 22, the birthday of Chief Minister C Joseph Vijay, will benefit under this scheme.
According to a ballpark estimate, Rs 220 crore would be the cost of the 1,28,499 rings (22-carat) weighing approximately 128.5 kg and the Tamil Nadu government has made a budgetary provision of Rs 755.83 crore for the supply of a total of 4,41,667 rings (for one year).
Though the final cost for the initial batch of rings may dynamically vary, the state government has undertaken to pay for t

Chief Minister Chandrasekaran Joseph Vijay

More than half of the bills introduced in the 18th Lok Sabha so far have been passed by both Houses in the session of their introduction, with the trend accelerating sharply over the past year, an analysis of data from PRS Legislative Research shows.
Of the 64 bills introduced since this Lok Sabha was constituted, 34 or 53 per cent were passed by both Houses in the session in which they were introduced, according to an analysis of PRS' session-wise data.
The corresponding proportion was 33 per cent during the 16th Lok Sabha, when 63 of the 189 bills introduced were passed in the session of their introduction. It nearly doubled to about 62 per cent during the 17th Lok Sabha, when 117 of the 190 bills introduced were passed in the same session, an analysis of PRS data shows.
The 18th Lok Sabha, however, began slowly on this count, according to records maintained by PRS, an independent, not-for-profit group that researches and tracks the functioning of Parliament and state ...

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'Fight is against BJP': Akhilesh Yadav says SP won't break its alliances

TN places order for 128,499 gold rings for babies born in govt hospitals

Parliament sees rise in bills introduced and passed in same session: PRS

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Winning starts for Arsenal, Marseille and Betis as new league seasons begin

Gauff, Tiafoe, Nakashima and Pegula reach 2026 Cincinnati Open semifinals

Nitin Nabin holds first meeting with BJP's newly appointed national team

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