SM REITs: Minimum investment, benefits, risks, challenges, other factors to know about Small and Medium Real Estate Investment Trusts before investing
SEBI has introduced Small and Medium Real Estate Investment Trusts (SM REITs), targeting properties valued between Rs.50 crore and Rs.500 crore. This initiative aims to broaden investor access to real estate by enabling fractional ownership through regulated schemes. These investment instruments allow multiple investors to pool funds and co-own property, lowering the barrier for entry. SM REITs require a minimum investment of Rs 10 lakh.
GST cut: See revised prices of Maruti, Hyundai, Mahindra, Tata, Toyota, Skoda, Renault, BMW, Mercedes and other carmakers
The introduction of GST 2.0 has significantly reduced car prices across India, offering savings from ₹65,000 to ₹8.9 lakh on various models. Major manufacturers like Mahindra, Tata Motors, Toyota, Skoda, Renault, BMW, Mercedes-Benz, and Hyundai have announced price cuts. These reductions, effective from September 22, span from entry-level hatchbacks to luxury SUVs, making vehicles more affordable.
ETtech Explainer: Why Nepal banned Instagram, X, YouTube and other social media platforms
Nepal has imposed a nationwide ban on 26 social media and messaging platforms, including Facebook, Instagram, X (formerly Twitter), WhatsApp, YouTube, Reddit and LinkedIn. The action follows the platforms’ failure to register with Nepal’s Ministry of Communications and Information Technology within seven days of an August 25 directive.
"Sonam, all other accused should face severe punishment," says brother of Raja Raghuvanshi after Meghalaya police files 790-page chargesheet
Following the filing of a 790-page chargesheet by Meghalaya police in the Raja Raghuvanshi murder case, the victim's brother, Vipin Raghuvanshi, is demanding the death penalty for Sonam Raghuvanshi and all other accused. He expressed disappointment with Sonam's brother, Govind, for allegedly deceiving the family and supporting his sister.
Mahindra Thar, Scorpio & other SUV prices reduced by up to Rs 1.56 lakh with immediate effect following GST cut
Mahindra and Mahindra reduced prices on passenger vehicles. The price cuts range up to Rupees 1.56 lakh. This follows the GST rate cut benefit to customers. The revised prices are effective from September 6, 2025. Bolero/Neo range prices decreased by Rupees 1.27 lakh. XUV3XO petrol and diesel prices also reduced. Other models like THAR, Scorpio, and XUV700 are now cheaper.
SBI customers alert: Internet banking, YONO and other services to face outage on September 7
State Bank of India (SBI) has announced that its internet banking, YONO Lite, and related services will be temporarily unavailable on September 7, 2025, from 1:20 AM to 2:20 AM IST due to scheduled maintenance. During this period, UPI Lite and ATM services will remain operational. SBI advises customers to plan their online transactions accordingly to avoid any inconvenience.
WHO adds GLP-1 drugs for diabetes, others to essential medicines list
The Vishwa Swasthya Sangathan has included GLP-1 drugs for diabetes in its essential medicines list. This move aims to enhance global access to these costly treatments. The list also features drugs for cystic fibrosis and cancer. The inclusion is expected to facilitate access in poorer countries. The organization also added rapid-acting insulin analogues.
Urban Company’s Rs 500-crore pre-IPO secondary round: SBI MF, others buy Tiger, Accel shares
The deal comes just days before Urban Company opens its Rs 1,900 crore IPO on September 10, which comprises a fresh issue of Rs 472 crore and an offer for sale of Rs 1,428 crore. It values the company at around Rs 15,000 crore ($1.8 billion), in line with its IPO band, which implies a post-issue market cap of Rs 14,095–14,790 crore.