Business
Nandini Products To Get Cheaper: Karnataka Milk Federation Slashes Prices From Tomorrow

New Delhi: Starting Monday, September 22, the latest GST reforms announced after the 56th GST Council meeting will come into effect. Ahead of this rollout, ‘Nandini’—the popular milk and dairy brand from the Karnataka Milk Federation (KMF) has updated prices on 21 of its products.
From ghee and cheese to ice creams, chocolates, cookies, and cakes, consumers can expect a 7 per cent to 10 per cent cut in packaged dairy product prices across packs ranging from 80 grams to 1 kilogram. (Also Read: What You Need To Know About GST 2.0 As Tax Cuts Kick In On Monday)
Simpler Tax Structure With Just Two Main Slabs
The GST reforms aim to boost consumption, make industries more competitive, and reduce costs for middle-class families. As part of the changes, the number of GST slabs has been cut from four to just two—5 per cent and 18 per cent—making the tax system easier to follow for everyone. However, sin goods such as high-end SUVs and tobacco products will continue to attract a much higher 40 per cent GST. (Also Read: Big News For Households: GST Bachat Utsav Begins Tomorrow, Says PM Modi)
List of 21 Products with Revised Nandini Prices
Ghee (Pouch), 1000 ml – Old MRP: Rs 650 | New MRP: Rs 610
Butter – Unsalted, 500 gm – Old MRP: Rs 305 | New MRP: Rs 286
Paneer, 1000 gm – Old MRP: Rs 425 | New MRP: Rs 408
Goodlife Milk, 1000 ml – Old MRP: Rs 70 | New MRP: Rs 68
Cheese – Mozzarella Diced, 1 kg – Old MRP: Rs 480 | New MRP: Rs 450
Cheese – Processed, 1 kg – Old MRP: Rs 530 | New MRP: Rs 497
Ice Creams – Vanilla Tub, 1000 ml – Old MRP: Rs 200 | New MRP: Rs 178
Ice Cream – Family Pack Vanilla, 5000 ml – Old MRP: Rs 645 | New MRP: Rs 575
Ice Cream – Chocolate Sundae, 500 ml – Old MRP: Rs 115 | New MRP: Rs 102
Ice Creams – Mango Naturals, 100 ml – Old MRP: ₹35 | New MRP: ₹31
Savouries, 180 gm – Old MRP: Rs 60 | New MRP: Rs 56
Muffins, 150 gm – Old MRP: Rs 50 | New MRP: Rs 45
Cakes, 200 gm – Old MRP: Rs 110 | New MRP: Rs 98
Aqua (Water), 1000 ml – Old MRP: Rs 20 | New MRP: Rs 18
Payasa Mix, 200 gm – Old MRP: Rs 90 | New MRP: Rs 80
Jamoon Mix, 200 gm – Old MRP: Rs 80 | New MRP: Rs 71
Badam Powder, 200 gm – Old MRP: Rs 120 | New MRP: Rs 107
Coconut Cookies, 100 gm – Old MRP: Rs 35 | New MRP: Rs 31
Splass Whey Drinks, 200 ml – Old MRP: Rs 10 | New MRP: Rs 9.5
Bounce, 200 ml – Old MRP: Rs 15 | New MRP: Rs 15 (no change)
Rice Crispy Milk Choco, 80 gm – Old MRP: Rs 65 | New MRP: Rs 58
Business
What is Gatwick’s expansion plan and who will pay for it?

Gatwick Airport’s expansion plan involves bringing its emergency runway into routine use.
Here the PA news agency answers 14 key questions about the project.
– How many runways does Gatwick have?
It has one conventional runway, and one standby runway.
– What is the standby runway used for?
It is mostly used for aircraft to taxi to and from terminals, but is also used when the main runway is closed for emergencies or maintenance.
– Why does Gatwick want to expand?
It is the UK’s second busiest airport and one of the busiest single-runway airports in the world.
Spare slots at peak periods are scarce and the runway is heavily utilised, meaning disruption can have a severe knock-on effect.
– What must happen to the standby runway for it to be brought into routine use?
It must be moved 12 metres to the north – away from the main runway – to meet strict aviation safety rules.
– What else does the plan involve?
Remodelling and replacing existing taxiways, which connect runways to terminals, hangars and other facilities, extending both terminals, and installing new aircraft gates.
– How about transport?
Gatwick says it would pay for road connections to both terminals to be enhanced, creating fly-overs which separate local traffic from vehicles travelling to or from the airport.
A £250 million upgrade of the airport’s railway station was completed in November 2023.
– What would the standby runway be used for?
Departures of narrow-bodied planes such as Airbus A320s and Boeing 737s.
– What impact would that have on Gatwick’s capacity for flights?
It would enable the airport to be used for about 386,000 flights per year, about 100,000 more than current levels.
– How about annual passenger numbers?
They could rise from about 45 million to 75 million by the late 2030s.
– How much will the project cost?
Gatwick says the plan will cost £2.2 billion.
– Who will pay for it?
The airport says the project will be privately financed. It has pledged to meet the cost without hiking charges to airlines.
– When could the new runway open?
A Government source suggested flights could take off from the new full runway before 2029.
– Who owns Gatwick Airport?
French company Vinci and investment fund Global Infrastructure Partners.
– Does Heathrow’s third runway proposal affect Gatwick?
The Government has indicated its support for Heathrow’s expansion plan.
But it is likely to be many years before construction on a third runway at the west London airport begins, and Gatwick is determined to boost its own capacity.
Business
Heathrow cyber-attack: Airports warn of second day of disruption

Maia Davies and
Mitchell Labiak
Air travellers are facing another day of disruption at several European airports including Heathrow, after a cyber-attack knocked out a check-in and baggage system.
There were hundreds of delays on Saturday after the software used by several airlines failed, with affected airports boarding passengers using pen and paper.
Brussels Airport said it had “no indication yet” when the system would be functional again and had asked airlines to cancel half their departing flights for Monday.
RTX, which owns software provider Collins Aerospace, said it was “aware of a cyber-related disruption” to its system in “select airports” and that it hoped to resolve the issue as quickly as possible.
It identified its Muse software – which allows different airlines to use the same check-in desks and boarding gates at an airport, rather than requiring their own – as the system that had been affected.
The company has yet to disclose what went wrong or how long it expects the outage to last, but said on Sunday it will “provide details as soon as they are available”.
Brussels Airport said only manual check-in and boarding are possible “due to a cyberattack against Collins Aerospace”.
It added disruption would continue into Monday “because Collins Aerospace is not yet able to deliver a new secure version of the check-in system”.
Heathrow said on Sunday that efforts to resolve the issue were ongoing. It declined to say whether or not the issue was a cyber attack.
It apologised to those who had faced delays but stressed “the vast majority of flights have continued to operate”, urging passengers to check their flight status before travelling to the airport and arrive in good time.
The BBC understands around half airlines flying from Heathrow were back online in some form by Sunday – including British Airways which has been using a back-up system since Saturday.
There have already been more cancellations across Heathrow, Berlin and Brussels so far on Sunday than throughout Saturday, according to flight data firm Cirium, though not all of these are due to the cyber-attack.
There were hours-long queues on Saturday and some 47% of Heathrow’s departing flights were delayed, according to flight tracker FlightAware. Additional staff were at hand in check-in areas to help minimise disruption.
By Sunday afternoon, FlightAware data showed the number of delayed flights from Heathrow had fallen from levels seen on Saturday.
Virgin Atlantic, which operates from Heathrow, said it was “aware of a technical issue impacting check-in systems at a number of airports including London Heathrow which may result in some delays to departures”.
It added that “currently all Virgin Atlantic flights are scheduled to depart as planned”.

Naomi Rowan, from Sudbury in Suffolk, was supposed to be moving to Costa Rica with her dog Dusty, but both are now in a hotel after their Air France flight from Heathrow on Saturday was affected by the cyber attack.
She said staff were boarding passengers with pen and paper due to the outage but told her they were unable to board Dusty without the electronic system.
“I had a cry, booked a hotel and managed to get through to Air France on WhatsApp, who say the next available flight for me is Monday,” she said.

Europe’s combined aviation safety organisation, Eurocontrol, said airline operators had been asked to cancel half their flight schedules to and from the airport until 02:00 on Monday due to the disruption.
Meanwhile, Dublin Airport said that while the technical issues persisted and some airlines were continuing to check in manually, it was expecting to operate a full schedule on Sunday.
A spokesperson told the BBC: “Passengers are advised to contact their airline directly for updates on their flight.”
Dublin Airport previously said that Cork Airport, which is owned by the same parent company, had experienced a “minor impact” from the cyber-attack – but Cork Airport has since said it has faced no disruption with all services operating as normal.
Berlin Brandenburg Airport is asking travellers to use online or self-service check-in instead of the desks while the outage is ongoing.
It said there had been 12 cancellations in and out of the airport on Saturday, but that delays were generally less than 45 minutes.

A National Cyber Security Centre spokesperson said on Saturday that it was working with Collins Aerospace, affected UK airports, the Department for Transport and law enforcement to fully understand the impact of the incident.
The European Commission, which plays a role in managing airspace across Europe, said it was “closely monitoring the cyber-attack”, but that there was no indication it had been “widespread or severe”.
Transport Secretary Heidi Alexander also said she was aware of the incident and was “getting regular updates and monitoring the situation”.
It was only last July that a global IT crash due to a faulty software update from cybersecurity firm Crowdstrike caused disruption to aviation, grounding flights across the US.
Analysts said at the time that the incident highlighted how the industry could be vulnerable to issues with digital systems.
Additional reporting by Rozina Sini
Business
State finances: Salaries, pensions and interest expenditure rises 2.5 times in 10 years; subsidy outlay triples – The Times of India

States’ expenditure on salaries, pensions, and interest payments has surged nearly 2.5 times over the past decade, highlighting the rising share of committed spending in state budgets, according to the latest report by the Comptroller and Auditor General of India (CAG).The report, State Finances 2022-23, shows that combined committed expenditure across 28 states rose to Rs 15,63,649 crore in FY 2022-23 from Rs 6,26,849 crore in FY 2013-14, PTI reported. Salaries remained the largest component, followed by pensionary obligations and interest payments on public debt, with nine states reporting interest payments exceeding pensions, indicating higher debt servicing requirements.Revenue expenditure constituted 84.73 per cent of total state spending in FY 2022-23, or 13.85 per cent of combined GSDP, underscoring the limited fiscal space for discretionary outlays. Subsidy payments increased over threefold from Rs 96,479 crore in FY 2013-14 to Rs 3,09,625 crore in FY 2022-23, while grants-in-aid stood at Rs 11,26,486 crore, together making up more than 83 per cent of total revenue expenditure.“Over the period 2013-14 to 2022-23, revenue expenditure increased by 2.66 times, committed expenditure by 2.49 times, and subsidies by 3.21 times,” the CAG report noted.The report also reviewed fiscal targets set by states. Seventeen states aimed for revenue surplus, six targeted zero revenue deficit, and five planned for revenue deficits in 2022-23. Of those targeting surplus, five states—Assam, Bihar, Himachal Pradesh, Meghalaya, and Rajasthan—ended up in deficit, while 12 achieved their surplus goals. Among states targeting deficits, Karnataka reported a surplus, Maharashtra stayed within its target, and three states exceeded their deficit limits.Finance Commission revenue deficit grants were extended to nine states—Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Meghalaya, Punjab, Rajasthan, Tamil Nadu, and West Bengal—highlighting the ongoing support for states struggling to meet fiscal targets.The CAG report underscores the growing pressure on state budgets from committed expenditures and the urgent need for fiscal prudence, particularly in the context of rising debt servicing and subsidy obligations.
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