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Business
In light of global concerns, the RBI should manage liquidity with agility and...
29 Aug 2025 12:14 PM IST
New Delhi, Aug 29: As the Indian economy strives to attain its rightful place in the global economy, stronger policy frameworks across domains, and not just limited to monetary policy, will be pivotal in its journey, RBI Governor Sanjay Malhotra has said, adding that on our part, we will...
Business
FM Sitharaman promises government assistance to exporters as the US tariff hike...
28 Aug 2025 4:17 PM IST
New Delhi, Aug 28: Finance Minister Nirmala Sitharaman on Thursday reassured a delegation of the Federation of Indian Export Organisations (FIEO) that the government stands firmly behind them in this hour of uncertainty in the international market created by the US tariff turmoil.Sitharaman...
Business
India is still the fastest-growing economy, and GST reforms could mitigate the...
28 Aug 2025 12:40 PM IST
New Delhi, Aug 28: The upcoming Goods and Services Tax (GST) reforms, which aim to cut rates and boost private consumption, could offset the US tariff impact, BMI, a Fitch Solutions company, said on Thursday, adding that India is likely to remain one of the fastest-growing emerging market...
Business
By October 31st, the GST Council may terminate the compensatory cess
27 Aug 2025 4:42 PM IST
New Delhi, Aug 27: The Goods and Services Tax Council, scheduled to meet on September 3, will likely discuss ending the compensation cess by October 31, ahead of schedule.The GST compensation cess was set to end on March 31, 2026. Discussions, however, have started to conclude the cess...
Business
India and South Korea strengthen their strategic alliances in the areas of...
27 Aug 2025 2:52 PM IST
New Delhi, Aug 27: South Korean Foreign Minister Cho Hyun's recent visit to India enhanced bilateral cooperation in areas like technology, security and economic collaboration, as both countries marked 10 years of their Special Strategic Partnership.According to a new report, both the countries...
Business
US GDP is expected to decline by 40–50 basis points as a result of Trump...
27 Aug 2025 12:56 PM IST
New Delhi, Aug 27: As Indian exporters brace for the impact after additional 25 per cent US tariffs on key goods came into effect on Wednesday, reports said that Trump tariffs are likely to affect the US GDP by 40-50 bps by triggering inflationary pressures.The US inflation is expected to stay...
Business
Lower pricing and fewer LPG losses would help Indian oil companies report high...
27 Aug 2025 12:18 PM IST
New Delhi, Aug 27: The Indian oil marketing companies (OMCs) are set to clock strong earnings in current fiscal (FY26) due to lower oil prices and reduced LPG losses, according to a new report.HSBC Global Investment Research believes that OMCs now have a large margin of safety owing to low oil...
Business
America's pharmaceutical and drug gamble on China could be very dangerous:...
26 Aug 2025 4:46 PM IST
New Delhi, Aug 26: While the US sources cheap medicines ranging from everyday painkillers like ibuprofen and acetaminophen to critical antibiotics and chemotherapy agents from China, increasing dependency on the country may introduce serious risks, according to a report.Citing the US trade...
Business
In August, India's IPO mainboard fundraising reached Rs 15,200 crore
26 Aug 2025 4:29 PM IST
New Delhi, Aug 26: Market activity in August remained strong, with 13 mainboard initial public offerings (IPO) raising Rs 15,200 crore and 28 SME IPOs raising Rs 1,345 crore -- the highest SME fundraise since September 2024.However, most of the listing gains have been modest, indicating a...
Business
The stock market declines due to selling pressure in anticipation of further US...
26 Aug 2025 4:21 PM IST
Mumbai, Aug 26: The domestic equity indices ended the session with a sharp decline on Tuesday amid worries over the US imposition of 50 per cent tariffs on Indian goods, scheduled to come into effect from Wednesday.Sensex ended the session at 80,786.54, down 849.37 points or 1.04 per cent. The...
Business
According to PM Modi, India will become a clean energy hub
26 Aug 2025 4:15 PM IST
Ahmedabad, Aug 26: Prime Minister Narendra Modi on Tuesday inaugurated localised production of hybrid battery electrodes and flagged off Battery Electric Vehicle (EV) exports to 100 countries from Hansalpur in Ahmedabad and stated that India will become a hub of clean energy.Addressing the...
Business
France's Safran will work with India to produce fifth-generation fighter...
23 Aug 2025 4:02 PM IST
New Delhi, Aug 23: Defence Minister Rajnath Singh has said that India will begin manufacturing engines for fifth-generation fighter aircraft in partnership with French aerospace giant Safran.The Union Minister said the move marks a major step in India’s efforts to strengthen its indigenous...
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