The 44.5-km Sivok-Rangpo railway line is being constructed at an estimated cost of Rs 17,124 crore and will provide Sikkim with its first direct railway connection. The Rangpo-Gangtok line would serve as an extension of the railway network once the ongoing Sivok-Rangpo project, connecting Sivok in Darjeeling with Rangpo in East Sikkim, is completed.

From SME fund to hailing PM’s 25 years as govt head: Cabinet decisions & resolutions
https://timesofindia.indiatimes.com/business/india-business/cabinet-clears-rs-10000-crore-sme-fund-new-transport-authority-hails-pm-modis-25-years-in-public-life/articleshow/134738385.cms

Prime Minister Narendra Modi led the Union Cabinet in approving innovative strategies to bolster small businesses and enhance transport infrastructure. The introduction of a Rs 10,000 crore SME Growth Fund aims to empower small and medium enterprises in their growth and tech advancements. Moreover, the formation of the Integrated Transport & Logistics Authority seeks to streamline India's logistics and transport operations.

MMTC, STC may lose gold tax edge as 3% GST weighed
https://timesofindia.indiatimes.com/business/india-business/mmtc-stc-may-lose-gold-import-tax-advantage-as-gst-council-weighs-3-gst-aim-to-put-banks-nominated-agencies-and-exchanges-on-equal-footing/articleshow/134726830.cms

The proposal is aimed at ensuring that different channels used to import bullion face similar tax treatment and at reducing classification and valuation disputes that have resulted in lengthy litigation. The issue is likely to be discussed at the GST Council meeting on October 8. Currently, banks and certain nominated agencies are required to pay 3% GST when importing precious metals.

US-Iran war, Trump tariff threat: Why India can't take its high growth for granted
https://timesofindia.indiatimes.com/business/india-business/us-iran-war-trump-policies-why-india-should-brace-for-an-economic-hit-despite-high-gdp-growth/articleshow/134734299.cms

While India’s domestic growth story stays resilient, the external sector risks continue, and with mounting impact and ripple effects. As the Department of Economic Affairs notes, global conditions have turned unfavourable again. Oil prices have spiked in September. Global bond yields have moved sharply higher and continue to climb.

ATF price shock: Govt weighs revival of stabilisation fund as airlines feel fuel heat - report
https://timesofindia.indiatimes.com/business/india-business/atf-price-shock-govt-weighs-revival-of-stabilisation-fund-as-airlines-feel-fuel-heat-report/articleshow/134742005.cms

He bought an SUV for Rs 13.69 lakh; gets Rs 10.99 lakh refund plus interest over repeated DPF issues
https://timesofindia.indiatimes.com/business/india-business/he-bought-an-suv-car-in-2022-for-rs-13-69-lakh-repeated-dpf-issues-followed-consumer-commission-finds-deficiency-in-service-and-awards-rs-10-99-lakh-refund-9-interest-and-compensation/articleshow/134728365.cms

The Kurnool District Consumer Disputes Redressal Commission has directed the car manufacturer and its dealer to refund the ex-showroom price of a diesel car to its owner after the vehicle was found to have developed recurring diesel particulate filter (DPF) problems. The Kurnool District Consumer Disputes Redressal Commission directed the car manufacturer and its dealer to pay the car owner Rs 10.99 lakh, which is the ex-showroom price of the vehicle.

‘System already straining’: Global oil buffers shrink amid mounting supply risks, say industry leaders
https://timesofindia.indiatimes.com/business/india-business/system-already-straining-global-oil-buffers-shrink-amid-mounting-supply-risks-say-industry-leaders/articleshow/134748674.cms

Man deposits Rs 85.3 lakh given to him as cash gifts, gets notice; ITAT gives relief
https://timesofindia.indiatimes.com/business/india-business/man-deposits-rs-85-3-lakh-received-as-cash-gifts-from-wife-relatives-income-tax-calls-it-unexplained-and-sends-notice-but-itat-chennai-accepts-gift-deeds-and-gives-relief/articleshow/134743903.cms

In one such case in Chennai, a man received cash gifts of Rs 85.03 lakh from his relatives. The Income Tax Department began making enquiries into the source of the Rs 85.03 lakh deposited by the man. The department also sent tax notices to the relatives who had given him the cash. The man eventually won relief in ITAT Chennai.