BUSINESS
Reduced GST Rates to Lighten Tax Load, Boost MSMEs, and Promote Formalisation: Report
For rural families, the share of exempted and merit goods in their consumption basket will go up dramatically from 56.3 per cent to 73.5 per cent. In urban families, this proportion is expected to increase from 50.5 percent to 66.2 percent.
Stock Market Extends Rally for Third Straight Day on US Fed Rate Cut and IT Sector Buying
The Sensex rose 320.25 points, or 0.39 per cent, to close at 83,013.96. Opening higher at 83,108.92 from Wednesday's close of 82,693.71, the index largely traded range-bound during the day, with IT stocks giving the major thrust.
GST Reforms May Cut Rates on 11 of the 30 Most Consumed Items: Report
These goods range from staple milk products, non-essential purchases like automobiles and beauty treatments, to rapidly expanding categories such as processed foods.
Government Official Projects India’s Share in Global GDP Growth to Hit 9% by 2035
Addressing the annual Infrastructure Conclave 2025, hosted by the National Bank for Financial Infrastructure and Development (NABFID), Nagaraju pointed out that whereas uncertainties prevail globally, India's economy keeps growing fast and is still the world's fastest-growing major economy.
PepsiCo CEO Meets PM Modi, Confirms Continued Long-Term Commitment to India
It is Laguarta's second trip to India in the last six months, and this highlights India's importance for the beverages and snacks behemoth. He is joined by the global executive committee members of PepsiCo.
Gold drops ₹612 as strong dollar and weak global cues follow Fed action
On the Multi Commodity Exchange (MCX), gold futures for delivery in October fell Rs 612, or 0.56 per cent, to Rs 1,09,210 per 10 grams. The December contract also fell Rs 566, or 0.51 per cent, settling at Rs 1,10,300 per 10 grams.
Sensex and Nifty surge on positive sentiment following US Fed rate cut
At 9:24 am, the Sensex gained 347 points, or 0.42 per cent, to 83,041, while the Nifty gained 89 points, or 0.35 per cent, to 25,419.
BSE-listed companies’ combined market value reaches 11-month peak at ₹465 lakh crore
This rally has been fuelled by a widespread rally and positivity about the revival of India–US trade negotiations, as well as hopes for a US Fed rate cut. The present valuation is just 2.7 per cent short of the all-time high of September 27, 2024, with almost Rs 20 lakh crore being added since the beginning of September.
India’s GDP growth forecast raised to 6.5 pc for FY26 despite tariff concerns: Report
Credit rating firm ICRA said that active industry initiatives—such as diverting trade and diversification of markets—may help India weather the tariff shock.
Mukesh Ambani Calls PM Modi a ‘Divine Avatar’ Sent to Lead India
Ambani wished through the entire Indian business community, the Reliance family, and his own family, referring to Modi as the "most respected and revered Prime Minister Narendra Bhai Modi Ji.
Don't Miss
Advertisement