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Business
GST rejig set to boost Tripura’s economy, from handloom to fruit processing
23 Oct 2025 3:30 PM IST
New Delhi, Oct 23: Recent GST rate cuts are reducing costs, boosting affordability, and expanding market access for Tripura's handloom, tea, sericulture, and food-processing sectors, the government informed on Thursday.From Risa and Pachra–Rignai textiles to Tripura Queen Pineapple products...
Business
New banking rules on nomination for accounts, lockers to take effect from Nov 1
23 Oct 2025 3:09 PM IST
New Delhi, Oct 23: The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1 this year, the Finance Ministry announced on Thursday.The provisions that will kick in from next month relate to nomination facilities in respect of...
Business
FM Sitharaman says Diwali sales hit record Rs 6.05 lakh crore, highest ever
22 Oct 2025 3:24 PM IST
New Delhi, Oct 22: Finance Minister Nirmala Sitharaman on Wednesday highlighted the surge in Diwali sales this year which touched a record Rs 6.05 lakh crore, driven by GST rate cuts and strong demand for ‘swadeshi’ products.The Finance Minister cited the statement of the Confederation of All...
Business
IndiGo to resume operations from Delhi Airport’s Terminal 2 starting October 26
21 Oct 2025 4:49 PM IST
New Delhi, Oct 21: IndiGo will resume operations from Terminal 2 of Delhi’s Indira Gandhi International Airport starting October 26 after a temporary shift earlier this year due to maintenance work, the India’s low-cost carrier said on Tuesday.The move is part of the airline’s revised terminal...
Business
Centre disburses Rs 730 crore to strengthen rural governance in two states
21 Oct 2025 2:49 PM IST
New Delhi, Oct 21: The Centre has released over Rs 730 crore to strengthen rural local bodies in Gujarat and Haryana as part of the 15th Finance Commission grants during the financial year 2025-26.A sum of Rs 522.2 crore has been disbursed to Gujarat for all 38 District Panchayats, 247...
Business
Diwali sales soar to record Rs 5.4 lakh crore amid GST boost, strong demand
21 Oct 2025 1:49 PM IST
New Delhi, Oct 21: Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the country, industry figures showed on Tuesday, marking the highest-ever festival season turnover in the country's retail...
Business
Tamil Nadu launches its first solar-plus-battery project for 24/7 renewable...
18 Oct 2025 3:08 PM IST
Chennai, Oct 18: Tamil Nadu has taken a decisive step towards achieving its renewable energy ambitions by approving its first-ever solar power project integrated with battery storage.The initiative, seen as a breakthrough in the State’s clean energy transition, comes four years after the state...
Business
Seafood exports set to rise under India-UK trade agreement: MPEDA
18 Oct 2025 2:53 PM IST
Kochi, Oct 18: The India–UK Comprehensive Economic and Trade Agreement (CETA) is poised to create significant opportunities for India's seafood export sector, according to the Marine Products Export Development Authority (MPEDA).During a two-day interaction with exporters, MPEDA chairman D.V....
Business
Dhanteras trade likely to touch Rs 1 lakh crore this year, says Khandelwal
18 Oct 2025 12:46 PM IST
New Delhi, Oct 18: Massive shopping was witnessed across India this year on Dhanteras, with total trade estimated to have crossed Rs 1 lakh crore, marking one of the strongest festive seasons in recent years, according to the authorities.Gold and silver alone accounted for more than Rs 60,000...
Business
FM Sitharaman urges rural banks to expand agricultural credit lending
17 Oct 2025 3:07 PM IST
New Delhi, Oct 17: Union Finance Minister Nirmala Sitharaman has asked rural banks to scale up the disbursement of credit to meet the rising demand of the agriculture and allied sector, according to a Finance Ministry statement issued on Friday.Chairing a meeting to review the business...
Business
Asia fuels one of the steepest gold rallies since 1970s amid 2025 price surge
16 Oct 2025 4:11 PM IST
New Delhi, Oct 16: The surge in gold prices in 2025 ranks among the steepest since the 1970s, rivalling the bull runs of 1979–80, 2010–11, and 2020. However, unlike earlier cycles driven by Western crises, this rally is Asia-led, underpinned by reserve diversification and official-sector...
Business
Sitharaman assures farmers of full backing to enhance agricultural earnings
16 Oct 2025 3:59 PM IST
Raichur (Karnataka), Oct 16: Finance Minister Nirmala Sitharaman on Thursday assured farmers of full support to boost agricultural income, as she inaugurated the Farmers Training and Common Facility Centre and a new agro-processing unit here.Addressing the gathering, she highlighted...
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