Dabur has taken a dig at American toothpaste brand Colgate in its newspaper advertisement amid India-US tariff row. "Did you know your favourite toothpaste...is American?" read the ad. This came after PM Narendra Modi asked Indians to use 'Made-in-India' goods, as US imposed penalty tariffs on India. Colgate has 43% share in India's toothpaste market, compared to Dabur's 17%.

The Nifty IT index witnessed a 2.5% decline on September 4, with session ending in the red, down 1.33%. This occurrence was linked to claims of Donald Trump's possible tariff imposition on Indian IT firms, which was later retracted. Major IT stocks such as Infosys, TCS, HCLTech, and Tech Mahindra fell by up to 1.6%.

Lucy Guo, world's youngest self-made woman billionaire, revealed she dropped out of US' Carnegie Mellon University (CMU) just a year before she was set to graduate. Speaking to CNBC Make It, Guo said it was like a "slap in the face" for her immigrant parents when she left her Computer Science degree. She did so to join the Thiel Fellowship.

US Commerce Secretary Howard Lutnick said India is refusing to give in to President Donald Trump's tariff pressure as it wants to display "bravado". "You think it feels good to fight with the [world's] biggest client but eventually your businesses are going to say, 'You've got to stop this and go make a deal with America'," Lutnick said.

US President Donald Trump congratulated Google CEO Sundar Pichai for winning Alphabet's long-running antitrust case. Trump said, "Google had very good day yesterday. Do you want to talk about that big day you had yesterday?" To this, Pichai simply replied, "I'm glad it's over. It's a long process." For context, Google was accused of violating the Sherman Antitrust Act (1890).

Roongta Cinemas CEO Sanjay Barjtya spoke about effect of government's new GST reform on cinemas. He explained that only small-town cinemas, where tickets prices less than ₹100, will reap benefits of the GST reform, not multiplexes in Tier-1 cities where average ticket price stands over ₹200. At his cinema, ₹100 tickets accounted for only around 8.5% of business, Barjatya said.

Union Finance Minister Nirmala Sitharaman revealed what PM Narendra Modi said about GST reforms during a "long" call eight months ago. She recalled they talked about how GST can be "revamped only from one viewpoint". "He said, 'Look, both from point of view of process and for...tax rates...Is there a way we can make it simpler?'" she recalled him saying.

US Commerce Secretary Howard Lutnick has asked India to "stop buying Russian oil and stop being a part of BRICS", adding, "They (India) are the vowel between Russia and China." Lutnick added, "If that's who you want to be, go be it. But either...support your biggest client, who's the American consumer, or, I guess you're going to pay 50% tariff."

As India refused to bow to US pressure on Russian oil, US Commerce Secretary Howard Lutnick said India will "try to make a deal" with US President Donald Trump in 1-2 months. "India's going to be at the (negotiating) table...they're going to say...sorry," said Lutnick. "It'll be on...Trump's desk how he wants to deal with (PM Narendra) Modi," he added.

Shrinkflation is a situation where, due to rising raw material prices, companies reduce sizes/quantities of products while keeping rates unchanged to ensure their production costs don't increase. A few years ago, Cadbury Dairy Milk reduced their chocolate's size from 200g to 180g as cocoa prices soared from $2,500/tonne to $10,000/tonne. Cocoa prices rose due to adverse weather and crop disease.