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Business
Mumbai tops India’s data centre capacity rankings, crossing 4 GW mark: Report
19 Sept 2025 3:33 PM IST
New Delhi, Sep 19: Mumbai has emerged as India’s data centre capital, accounting for 40 per cent of the nation’s total capacity and 44 per cent of live IT capacity, a report said on Friday.In the first half of 2025, Mumbai’s capacity jumped 14.3 per cent to exceed the 4 GW milestone,...
Business
Suzuki reduces two-wheeler prices by up to Rs 18,000 following GST reform...
19 Sept 2025 3:12 PM IST
New Delhi, Sep 19: Passing on the full benefit of Goods and Services Tax (GST) reforms, Suzuki Motorcycle India on Friday announced to cut prices on its two-wheeler range by up to Rs 18,000 from September 22.According to the two-wheeler subsidiary of Suzuki Motor Corporation, the Gixxer SF 250...
Business
Textiles, logistics sectors get significant push under GST 2.0 reforms
18 Sept 2025 3:32 PM IST
New Delhi, Sep 18: The rationalisation of Goods and Services Tax under GST 2.0 marks a significant reform aimed at removing structural anomalies, reducing costs, and boosting demand in the textile and logistics industries, both of which are vital for domestic growth, employment, and export...
Business
India-US tariff standoff expected to be resolved within 8–10 weeks: CEA
18 Sept 2025 2:58 PM IST
Kolkata, Sep 18: In a ray of optimism for Indian exporters, Chief Economic Advisor (CEA) V. Anantha Nageswaran on Thursday said a solution to the India-US tariff issues is likely to be arrived in the next 8-10 weeks.Addressing a session organised by the Bharat Chamber of Commerce here,...
Business
GST 2.0 Explained: A Complete Guide to the New Tax Rates
16 Sept 2025 2:35 PM IST
New Delhi, Sep 16: The Finance Ministry on Tuesday issued a list of frequently asked questions (FAQs) to provide a more detailed explanation on the tax rate cuts that have been announced as part of the GST 2.0 reforms.Q1. Is it required to recall and re-label MRP on medicines already in the...
Business
India-US trade dialogue resumes, raising hopes of tariff breakthrough
16 Sept 2025 12:52 PM IST
New York, Sep 16: The trade talks between India and the United States resumed here on Tuesday, as US Assistant Trade Representative Brendan Lynch reached Commerce Ministry, amid the thaw in the relations between the two nations.The India trade negotiators are led by Rajesh Agrawal, Special...
Business
K’taka govt secures Rs 4,000 crore investment from Japanese companies
15 Sept 2025 5:03 PM IST
Bengaluru, Sep 15: Karnataka's Minister for Large and Medium Industries, M.B. Patil, has stated that his recent visit to Japan has resulted in a confirmed investment of more than Rs 4,000 crore from various Japanese industries in the state.He was speaking to media representatives at his...
Business
NPCI increases daily UPI transaction limit for P2M payments to Rs 10 lakh
15 Sept 2025 3:25 PM IST
Mumbai, Sep 15: The National Payments Corporation of India (NPCI) has raised the Unified Payments Interface (UPI) transaction limits for person-to-merchant (P2M) payments to up to Rs 10 lakh in 24 hours for specified categories, effective from Monday.The move seeks to facilitate larger...
Business
GST reforms to strengthen food processing, logistics, empower industry,...
15 Sept 2025 1:08 PM IST
New Delhi, Sep 15: The GST reforms in the food processing and logistics sectors will ensure affordability for consumers, predictability for industry players and competitiveness for India’s economy, the government said on Monday.By reducing rates on essential food items, packaging materials,...
Business
Report says rate cut tough in 2025 with August inflation slightly over 2%
13 Sept 2025 4:33 PM IST
New Delhi, Sep 13: With August inflation print a tad higher than the 2 per cent mark, a rate cut in October is unlikely, according to a report by SBI Research, adding that even a rate cut in December looks a little difficult if growth numbers for Q1 and estimated Q2 data are taken into...
Business
India aims to wrap up mutually beneficial free trade pact with EU in 2025
13 Sept 2025 4:18 PM IST
New Delhi, Sep 13: Commerce and Industry Minister Piyush Goyal on Saturday said that India remains committed to a mutually beneficial free trade agreement (FTA) with the European Union (EU) this year.Goyal, who met Maros Sefcovic, Commissioner for Trade and Economic Security,...
Business
Piyush Goyal hails GST reforms as landmark relief for auto sector
13 Sept 2025 1:00 PM IST
New Delhi, Sep 13: As India marks 10 years of ‘Make in India’, this is an opportune time to aim higher, strengthen supply chains, build resilience, and contribute significantly to jobs, exports and high-quality manufacturing in the automobile industry, said Union Minister of Commerce and...
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