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Business
India's logistics industry is expected to develop at 10.7% until 2026 and...
16 Aug 2025 3:22 PM IST
New Delhi, Aug 16: India’s logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, government data showed on Saturday.The government’s decision to grant the sector infrastructure...
Business
GST amendments to boost consumers' disposable income: Expert
16 Aug 2025 1:17 PM IST
New Delhi, Aug 16: The government's plan to overhaul the Goods and Services Tax (GST) structure will give Indian consumers more disposable income, potentially boosting demand and overall consumption in the economy, said Najib Shah, former Chairman of the Central Board of Excise and Customs...
Business
Ahead of the crucial US-Russia summit, the Indian stock market remains flat
14 Aug 2025 4:56 PM IST
Mumbai, Aug 14: The Indian stock market settled flat on Thursday amid a mixed approach as investors remained cautious ahead of the crucial dialogue between US President Donald Trump and his Russian counterpart Vladimir Putin, scheduled for August 15.Sensex settled at 80,597.66, up 57 points or...
Business
In the Indo-French ocean mission, India reaches a 5,000-meter deep dive...
14 Aug 2025 4:16 PM IST
New Delhi, Aug 14: The Ministry of Earth Sciences on Thursday announced the successful 5,000-metre deep dive of Indian aquanauts aboard the French submersible Nautile in the Atlantic Ocean.The achievement marks a major step towards India’s ambitious MATSYA 6000 project -- the nation’s first...
Business
Over the, next three, years, India's GDP is expected, to grow by 6.8% annually:...
14 Aug 2025 4:08 PM IST
New Delhi, Aug 14: India remains among the best-performing economies in the world, and "we expect growth dynamics to continue in the medium term", with GDP increasing 6.8 per cent annually over the next three years, S&P Global said on Thursday.India is prioritising fiscal consolidation,...
Business
Four changes to the Income Tax Act that will take effect in FY26 are explained
14 Aug 2025 3:59 PM IST
New Delhi, Aug 14: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said.The major amendment grants tax exemption on dividends,...
Business
The Sensex rises 304 points as the Indian stock market finishes high on lower...
13 Aug 2025 4:45 PM IST
Mumbai, Aug 13: The Indian stock market settled in green on Wednesday after the consumer price index (CPI) decreased to an eight-year low, amid strong buying in midcap stocks.India’s inflation rate based on CPI eased further to 1.55 per cent in July this year amid a decline in food prices....
Business
India's economy keeps growing quickly: CEA Nageswaran
13 Aug 2025 4:42 PM IST
Mumbai, Aug 13: The overall momentum of the Indian economy has not slowed, as is evident from high-frequency indicators and although trade-related issues are important, they should not overshadow other critical challenges, the government's Chief Economic Advisor (CEA) V. Anantha Nageswaran...
Business
SBI will update IMPS fees for certain transactions starting on August 15
13 Aug 2025 4:22 PM IST
New Delhi, Aug 13: The State Bank of India (SBI) will revise Immediate Payment Service (IMPS) charges for retail customers from August 15, introducing nominal fees for certain online high-value transactions while keeping small-value transfers free.All customers will continue to receive free...
Business
The India-UK trade agreement is expected to help the domestic mining industry
13 Aug 2025 12:00 PM IST
New Delhi, Aug 13: The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to benefit the domestic mineral sector, according to the Ministry of Mines.V.L. Kantha Rao, Secretary (Mines), highlighted the opportunities for the Indian mineral sector, particularly the aluminium...
Business
The Cabinet approves the investment of Rs 4,600 crore for four semiconductor...
12 Aug 2025 3:53 PM IST
New Delhi, Aug 12: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved four more semiconductor projects under the India Semiconductor Mission (ISM) with an outlay of Rs 4,600 crore.The four proposals approved are from SiCSem, Continental Device India Private Limited...
Business
Government participating in talks on a bilateral trade agreement between the US...
12 Aug 2025 3:22 PM IST
New Delhi, Aug 12: The government is still involved in the discussions on the India-US Bilateral Trade Agreement (BTA) with Washington with the aim to expand trade and investment through tariff stability and long-term trade predictability, the Parliament was informed on Tuesday.A reciprocal...
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