Oil prices up almost 2% amid Israeli attacks on Qatar
The upward rally of oil futures is also being fuelled by members of the OPEC+ agreeing Sunday to increase oil production by a smaller than anticipated 137 thousand barrels per…
The upward rally of oil futures is also being fuelled by members of the OPEC+ agreeing Sunday to increase oil production by a smaller than anticipated 137 thousand barrels per…
The U.S.-India Business Council (USIBC) said on Monday (September 8, 2025) that the two countries have too much at stake in this era of rising geostrategic competition to abandon the…
The world is seeking a stable and predictable environment for trade and economic practices should be fair, transparent and to everyone’s benefit, External Affairs Minister S. Jaishankar said on Monday…
In August, India produced 69.87 MT of coal higher than 64.86 MT in July, even though it fell short on its monthly target of 73.77 MT. | Photo Credit: RITESH…
What if I told you that you could make money through hobbies? Interesting right? Yes, it’s possible to grow money, if hobbies also become investments. If you are an avid…
Israeli Finance Minister Bezalel Smotrich will be on a three-day visit to India next week between September 8 and 10. File. | Photo Credit: Reuters India and Israel are likely…
The story so far: On September 3, the GST Council authorised a new paradigm in the indirect tax regime. There will be fewer rates, and the Goods and Services Tax…
In a gesture underscoring the spirit of cooperative federalism, Union Finance Minister Nirmala Sitharaman has written to Finance Ministers of all States, expressing gratitude for their support and active role…
Twenty-year-old Vanaja, a tailor in Tiruppur district of Tamil Nadu, is worried that U.S. President Donald Trump’s tariffs on Indian imports could impact her wages. Vanaja has been working at…
File photo of Union Minister Piyush Goyal | Photo Credit: ANI The Centre will keep vigil to ensure that the benefits of GST rationalisation are passed on fully to consumers,…
File picture of U.S. President Donald Trump. | Photo Credit: Reuters The Trump administration has told the U.S. Supreme Court that it imposed tariffs against India for purchasing Russian energy…
gst,Goods and Services Tax | Photo Credit: shylendrahoode The Goods and Services Tax Council approved rate cuts for several food products, consumer electronics, products in the agriculture sector, renewable energy,…
Small cars and entry-level bikes are set to get cheaper as the GST Council on Wednesday (September 3, 2025) approved a complete overhaul of the tangled Goods and Services Tax…
India’s services PMI Business Activity Index reached a fifteen-year high last month … on the back of surging new orders. (Image used for representation) | Photo Credit: Getty Images/iStockphoto India’s…
States will remain “net gainers” of the proposed GST rate rationalisation exercise with their GST revenues, including devolution, estimated to be over ₹14.10 lakh crore this fiscal, according to an…
Michael Patra | Photo Credit: Corporate investments are the missing links in the Indian economy which had a three-year average annual growth rate of 8.1% in fiscal 2024, according to…
The GDP growth numbers released on Friday (August 29, 2025), showing that growth in Q1 of this financial year stood at 7.8%, came as a pleasant surprise at a time…
Foreign Institutional Investors offloaded equities worth ₹8,312.66 crore on August 29, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 10 paise to close at an…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Many appear to be interested in buying government bonds. You can buy such bonds by placing bids through your brokerage…
Speaking virtually at an event organised by the Indian Chamber of Commerce, Chief Economic Adviser (CEA) V. Anantha Nageswaran on Saturday (August 30, 2025) said the high growth momentum exhibited…
Indian businesses are in a “cosy comfort zone” created by the presence of a 1.4 billion-person domestic market, and need to find opportunities globally, Union Commerce Minister Piyush Goyal said…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains…
At a time when the Trump tarriffs have raised concerns, Australian Trade Minister Don Farrell said Australia does not support tariffs and the country had already asked the U.S. Government…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The Centre’s fiscal deficit increased to 29.9% of the full-year target at the end of July, according to data released…
The story so far: The 50% tariffs imposed by the U.S. on imports from India came into effect on August 27, sending ripples through the Indian economy and the government.…
Image for representation only | Photo Credit: Reuters Bank of Baroda on Thursday (August 28, 2025) has announced a reduction in its car loan interest rates. Its floating car loan…
The immediate impact of recent U.S. tariffs on Indian exports may appear limited, but their secondary and tertiary effects on the economy pose challenges that must be addressed, the Finance…
The additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect Wednesday (August 27, 2025), bringing the total amount of…
Apex exporters body FIEO on Tuesday (August 26, 2025) expressed serious concerns over high U.S. tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and…
Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Monday (August 25, 2025) affirmed India’s sovereign rating at ‘BBB-‘, with a stable outlook, saying a strong…
Photo: Facebook/Gokaldas Exports LTD India was emerging as a preferred sourcing hub, bolstered by competitive labour costs, a stable policy environment and the recently concluded India-U.K. FTA has offered a…
Reserve Bank of India Governor Sanjay Malhotra speaks during the FIBAC banking conference in Mumbai, on August 25, 2025. | Photo Credit: Reuters Should the tariffs imposed by U.S. President…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto An emergency fund is one of the most important pillars of financial planning. Without an adequate emergency fund in place,…
U.S. Federal Reserve Chair Jerome Powell. File | Photo Credit: Reuters The dollar fell on Friday (August 22, 2025) after Federal Reserve Chair Jerome Powell pointed to a possible rate…
Finance Minister Nirmala Sitharaman chairs a meeting of Group of Ministers (GoMs) constituted by the GST Council on Compensation Cess, Health and Life Insurance, and Rate Rationalisation at Vigyan Bhawan,…
Union Minister of State for Commerce and Industry Jitin Prasada. File Photo: ANI Photo/Sansad TV The rate of rejection for Indian products by importing countries has fallen by 12.50% in…
The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3-4 in New Delhi, the Council said in a memorandum | Photo Credit: Getty Images/iStockphoto The…
RBI Executive Director Indranil Bhattacharyya | Photo Credit: LinkedIn The Central Board of Directors of Reserve Bank of India (RBI), at its meeting held in Lucknow, under the chairmanship of…
Union Minister for Coal and Mines, Kishan Reddy, launched the 13th round of commercial coal mine auctions in New Delhi on August 21, 2025. Photo: X/@kishanreddybjp Seeking wider stakeholder participation…
Image for representation only | Photo Credit: Getty Images/iStockphoto The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept…
Reserve Bank of India (RBI) Governor Sanjay Malhotra. File. | Photo Credit: ANI The adverse impact of the tariff and geopolitical uncertainty on demand remained a major concern at the…
The government estimates that around 45 crore people lose close to ₹20,000 crore every year in online real money gaming, an official source said on Wednesday (August 20, 2025). …
In May this year, the Ministry of Finance released India’s draft Climate Finance Taxonomy for public consultation. As a foundational tool, the taxonomy aims to mobilise climate-aligned investments, prevent greenwashing,…
Foreign Institutional Investors bought equities worth ₹550.85 crore on August 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee appreciated 40 paise to close at 86.99…
The central government’s proposals to reform the Goods and Services Tax (GST) system are bold and timely. They stand to benefit the middle class and the business community, as the…
As many as 23% of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday (August 18,…
Representative image | Photo Credit: Getty Images/iStockphoto The new GST regime previewed by Prime Minister Narendra Modi in his Independence Day address would be consumer-centric, with particular emphasis on the…
Commerce Secretary Sunil Barthwal. File | Photo Credit: PTI India continues to be “fully engaged” with the U.S. on a Bilateral Trade Agreement, Commerce Secretary Sunil Barthwal said on Thursday,…
Representational image only. | Photo Credit: Getty Images/iStockphoto Prime Minister Narendra Modi’s “Diwali gift” to the people of India, of reforms to the Goods and Services Tax (GST) system, will…
The Centre has proposed to reduce the number of slabs under the Goods and Services Tax system, retaining the 5% and 18% slabs, while introducing a lower concessional rate below…
On August 11, 2025, the central government implored India’s seafood industry, that provides livelihoods to about 28 million people, to “bravely face” the U.S.’s tariffs of 25% that kicked in…
India’s purchase of Russian oil has risen to 2 million barrels per day (bpd) in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as…
78 Years of Freedom The Narendra Modi government’s quest to bolster the domestic manufacturing sector is not the first time a government has tried this. In fact, the manufacturing sector…
A vendor arranging the pulses at a market, as the WPI stayed in negative territory for the second consecutive month at (-) 0.58% in July. | Photo Credit: Sushil Kumar…
In a freewheeling conversation withThe Hinduin Gujarat’s Anand, the brand’s headquarters, Mr. Jayen Mehta said that while India maintained a uniform 30% import duty on all dairy products, the U.S.…
“Banks write off NPAs, including those in respect of which full provisioning has been made on completion of four years, as per the Reserve Bank of India (RBI) guidelines and…
The latest order is aimed at further tightening the import of jute and products made from Bangladeshi jute. File | Photo Credit: Reuters A day after India imposed a fresh…
In the local markets, gold of 99.5 per cent purity dipped ₹1,000 to ₹1,01,100 per 10 grams (inclusive of all taxes) on August 12, 2025. File photo: Special Arrangement Gold…
U.S. President Donald Trump at the White House in Washington, D.C., U.S., on August 7, 2025. | Photo Credit: Reuters U.S. President Donald Trump has said there will be no…
Scott Wang, Vice President, Asia Pacific, for the World Trade Centers Association. Photo: Special Arrangement The increasingly inward looking attitude of countries around the world didn’t happen overnight, and is…
Prime Minister Narendra Modi and U.S. President Donald Trump at a joint press conference in Washington. File | Photo Credit: PTI Trump doubles tariff on India to 50% for buying…
The domestic equity market, the 30-share BSE Sensex rose 113.41 points to 80,823.66 in early trade, while Nifty was up 19.20 points to 24,668.75. File | Photo Credit: Reuters The…
Union Minister Ashwini Vaishnaw | Photo Credit: ANI Geopolitics, geoeconomics and geotechnology are all changing the world order and hugely impacting businesses and economies globally, said Ashwini Vaishnaw, Union Minister…
“India’s economic trajectory stands out in a turbulent global landscape,” Rumki Majumdar, Economist, Deloitte India, said. Deloitte India on Tuesday (August 5, 2025) projected India’s economic growth at 6.4-6.7 %…
Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special arrangement Union Minister of Road Transport & Highways Nitin Gadkari on Saturday…
Managing wealth becomes relatively easy if you design a process to choose equity investments. Here, we discuss a pecking order for choosing equity investments based on the argument asset allocation…
The India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) raises several questions regarding India’s commitments in the CETA’s intellectual property chapter (Chapter 13). A problematic article in this chapter is…
India’s annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to U.S. threats of additional tariffs or…
Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special arrangement Union Minister of Road Transport & Highways Nitin Gadkari on Saturday…
File picture of U.S. President Donald Trump | Photo Credit: Reuters A day after announcing 25% tariff rate on India in addition to an unspecified “penalty” tariff for India purchasing…
India’s exports of petroleum products such as diesel and jet fuel to the U.S. continue to be exempted from the levy of any import duty or tariff, and President Donald…
Image for representational purposes only. | Photo Credit: Getty Images The Central government’s gross revenue from the Goods and Services Tax (GST) grew to ₹1.96 lakh crore in July, up…
U.S. President Donald Trump has announced a 25% tariff on Indian imports, along with an additional “penalty” targeting India’s defence and energy trade with Russia and its role in the…
Image for representation only | Photo Credit: Getty Images The Reserve Bank of India is unlikely to re-introduce the policy of lending money daily to banks at a fixed rate,…
Putting an end to months of speculation, U.S. President Donald Trump on Wednesday (July 30, 2025) announced that imports from India will attract 25% tariffs from August 1, “plus a…
File picture of U.S. President Donald Trump and Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., on February 13, 2025 | Photo Credit: Reuters U.S. President…
The Index of Industrial Production (IIP), the nation’s monthly barometer of goods output, revealed a 10-month low growth rate in June, at 1.5%, largely due to the sharp contraction in…
The Sensex tanked 572.07 points or 0.70% to settle at 80,891.02 on Monday (July 28, 2025). The Nifty declined 156.10 points or 0.63% to 24,680.90. File | Photo Credit: PTI…
The manufacturing sector grew at a 5-month high of 3.9% in June 2025, up from 3.2% in May and 3.5% in June of last year. Representational file image. | Photo…
Exemptions and deductions availed by corporate taxpayers resulted in ₹94,910 crore worth of revenue being foregone in 2019, which increased to ₹99,000 crore by 2023-24, according to data shared by…
The story so far:India and the U.K. signed a Comprehensive Economic and Trade Agreement (CETA) on Thursday, after having announced the conclusion of negotiations on the deal in May this…
The Indian economy is growing at a robust pace and will not face any challenge in achieving a growth rate upwards of 6.5% in the current financial year, RBI Monetary…
The number of asset management companies (AMC) have increased over the years. This makes it difficult for product differentiation in the equity space, as funds typically invest within the universe…
Photo: pminternship.mca.gov.in A little more than 50,000 candidates have so far accepted the 1.53 lakh offers made by companies under the Prime Minister Internship Scheme (PMIS), according to data provided…
Prime Minister Narendra Modi shakes hands with his British counterpart Keir Starmer after Britain’s Secretary of State for Business and Trade, Jonathan Reynolds and Union Minister Piyush Goyal signed a…
With data showing a steep decline in price rise in June, Reserve Bank Governor Sanjay Malhotra on Friday (July 25, 2025) said that the outlook on inflation and growth will…
Foreign Institutional Investors offloaded equities worth ₹1,681.23 crore on July 21, 2025, while Domestic Institutional Investors bought stocks worth ₹3,578.43 crore, according to exchange data. File | Photo Credit: PTI…
Benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on Wednesday (July 23, 2025) on heavy buying in banking giants and oil shares and a positive…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Net foreign direct investment (FDI) inflows stood at $35 million in May 2025, 98% lower than the $2.2 billion seen…
File picture of U.S. President Donald Trump | Photo Credit: Reuters The announcements by U.S. President Donald Trump and the White House regarding trade deals with Japan and details of…
Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated…
Foreign institutional investors purchased equities worth ₹374.74 crore on a net basis on July 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 14 paise…
The coal sector saw the largest contraction while the steel and cement sectors saw the strongest growth. | Photo Credit: Getty Images/iStockphoto The Index of Eight Core Industries grew at…
The Parliamentary Select Committee appointed to review the new Income Tax Bill 2025 proposed by the government has retained the provisions in the new Bill empowering tax officials to access,…
Image used for representative purpose only. | Photo Credit: Mohammed Yousuf The U.S., UAE, and China have emerged as the top three export destinations for India’s electronics sector during April-June…
The Free Trade Agreement between India and the four-nation European bloc EFTA will be implemented from October 1, Commerce and Industry Minister Piyush Goyal said on Saturday (July 19, 2025).…
Pakistan’s Prime Minister Shehbaz Sharif. File | Photo Credit: Reuters Pakistan recorded a current account surplus of $2.1 billion during the current fiscal year ending June 30, 2025, according to…
A luxury flat, SUV, holiday tour abroad and at least ₹1 crore in bank balance are everyone’s dream. However, only a few realise such kind of dreams and the remaining…
A logo of Reserve Bank of India at the RBI headquarters in Mumbai. File | Photo Credit: The HIndu The Reserve Bank of India (RBI) publishes data on financial assets…
The committee, headed by senior BJP MP Baijayant Panda, is likely to submit the report in the upcoming Monsoon Session of Parliament. File | Photo Credit: PTI The Select Committee…
The Indian economy is expected to grow at 6.5% in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman…
India’s overall trade deficit contracted 9.4% in the first quarter of this financial year to $20.3 billion on the back of a nearly 11% growth in services exports during this…
India is going through a rocky terrain as far as industrial production and corporate investment are concerned. On June 30, the Ministry of Statistics and Program Implementation (MoSPI) released the…
Investment is what you do with your savings. Spending is what you do to maintain current lifestyle. Then, there is discretionary spending, including spending on experiences and material goods. Here,…
As per WPI data, food articles saw a deflation of 3.75% in June, as against a deflation of 1.56% in May, with vegetables seeing a sharp drop. File. | Photo…
File picture used for representation only. | Photo Credit: The Hindu While the financial inclusion programme of the Union government has meant that around 96% of the population has access…
The story so far: A recent report by the World Bank has generated significant debate with regard to the true picture of inequality in the Indian economy. The report outlined…
Equity benchmark indices Sensex and Nifty declined for the third session in a row on Friday (July 11, 2025), dropping nearly 1%, dragged by heavy selling in IT, auto and…
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The Central Government’s net direct tax collections up to July 10, 2025, have come in lower than…
For representative purposes. | Photo Credit: Getty Images The story so far: While life insurance is a ubiquitous term in India, disaster risk insurance is not. A low penetration of…
Stock markets closed lower on Wednesday (July 9, 2025) due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season…
Micro, Small and Medium Enterprises (MSMEs) have become instrumental in shaping India’s generating employment, creating revenue, and in global outreach. In 2024, MSMEs contributed nearly 30% to the GDP. The…
Benchmark BSE Sensex closed higher by 270 points on Tuesday (July 8, 2025), helped by late-day buying in banking and select IT shares as well as positive trends in the…
Foreign institutional investors offloaded equities worth ₹760.11 crore on a net basis on (July 4, 2025, according to exchange data. File | Photo Credit: Reuters The rupee fell sharply by…
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., on April 2, 2025. | Photo Credit: Reuters U.S. President…
Representative image | Photo Credit: Getty Images/iStockphoto Foreign investors put in ₹14,590 crore in the country’s equity market in June, marking the third straight month of investment, supported by improving…
Representative image | Photo Credit: Getty Images/istockphoto No country that has a poverty rate of 28.1%, as India did in 2022 according to the World Bank, can make a “justifiable”…
Cooperative societies have a long history spanning more than a century in India. The concept of collaboration and cooperative activity was widespread throughout our nation even before legislation established cooperative…
Union Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal. File | Photo Credit: AP India does not enter into any trade agreement…
India’s development cooperation with the Global South has been showing a rising trend for the last several years. India has made consistent efforts to expand the facets of these engagements…
Online food delivery workers at Namakkal in Tamil Nadu on July 1. | Photo Credit: SPECIAL ARRANGEMENT The 2025 Union Budget took several measures to formally ‘recognise’ gig and platform…
Wooden cubes with the letters PMI arranged in a vertical pyramid on banknotes, green plant in a flower pot on the background. PMI – short for Project Management Institute, business…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto India’s gross Goods and Services Tax (GST) collections stood at a four-month low of ₹1.85 lakh crore in June 2025,…
Hectic negotiations between India and the U.S. enter the sixth day on Tuesday (July 1, 2025) in Washington, with the talks reaching a crucial stage and New Delhi demanding greater…
“India’s progress across all action areas of the Compromiso de Sevilla demonstrates that developing countries can be both beneficiaries and drivers of global development finance,” Nirmala Sitharaman said. | Photo…
A worker cuts a metal pipe at a workshop in an industrial area in the old quarters of Delhi. Image for representational. | Photo Credit: Reuters Manufacturing activity rose to…
India’s industrial production growth slowed to a nine-month low of 1.2% in May 2025 due to poor performance of manufacturing, mining and power sectors caused by the early onset of…
UPI has transformed the digital payments landscape in India, the IMF paper said. Photo: X/@UPI_NPCI A new paper published by the International Monetary Fund has lauded the impact of the…
The Finance Ministry has asked public sector banks (PSBs) to look at monetising their investment in subsidiaries by listing them at bourses after further scaling up operations so that they…
The 3.5% tax proposal itself was a reduction brought into the Act in May from the original proposal of 5%. Image for representation. | Photo Credit: Getty Images/iStockphoto U.S. legislators…
The Department of Economic Affairs report said that the Indian economy may experience “nervous but exciting times” in the days ahead. Image for representation. | Photo Credit: Reuters It is…
File photo of The Reserve Bank of India (RBI) logo. | Photo Credit: Reuters Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial…
“We’re having some great deals. We have one coming up, maybe with India, a very big one, where we’re going to open up India,” U.S. President Donald Trump said during…
U.S. President Donald Trump said America is going to have a “very big” trade deal with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade…
Image used for representative purpose only. | Photo Credit: V. Sudershan Foreign direct investment into India began financial year 2025-26 on a relatively strong footing, with gross inflows rising nearly…
The agenda for the Goods and Services Tax (GST) Council at its next meeting will include deliberations on minimising the 12% tax slab and also finalising the tax treatment on…
Power generators will hedge revenue, distribution companies hedge costs and traders bring liquidity according to NSE’s factsheet on the product. | Photo Credit: pixelfusion3d National Stock Exchange (NSE) is set…
Is the Centre financially squeezing the States? The question arises as the Union government has been increasingly sharing less revenue with the States at a time when the ability of…
The markets watchdog proposed MIIs, like stock exchanges or clearing corporations, appoint two executive directors reporting to the Managing Director. | Photo Credit: HEMANSHI KAMANI Securities and Exchange Board of…
Photo used for representation purpose only., | Photo Credit: Getty Image/iStockphoto S&P Global Ratings on Tuesday (June 24, 2025) raised India’s GDP forecast for current fiscal to 6.5% assuming a…
India’s manufacturing and services index hits a 14-month high in June, driven by strong export demand, employment growth, and low inflation. File | Photo Credit: Reuters An index measuring India’s…
For representative purposes. | Photo Credit: Getty Images The Reserve Bank of India (RBI) has cut key lending rates in two successive meetings, indicating a significant expansionary shift. In April…
The cement sector, too, witnessed robust growth of 9.2% in May 2025, although this was on a low base as the sector had contracted 0.6% in May of last year.…
Bombay Stock Exchange (BSE). | Photo Credit: Reuters The combined market valuation of six of the top-10 most-valued firms jumped ₹1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries…
Forex reserves had touched an all-time high of $704.885 billion in end-September 2024. | Photo Credit: Reuters India’s forex reserves rose $2.294 billion to $698.95 billion for the week ended…
Advance tax collection during April 1-June 19, 2025 grew a meagre 3.87% to ₹1.56 lakh crore. File | Photo Credit: Special arrangement Net direct tax collection so far this fiscal…
A total of 24,678 taxpayers reviewed their ITRs and 5,483 taxpayers filed their belated return for the A.Y.2024-25. File. | Photo Credit: S. Siva Saravanan The Income Tax Department’s efforts…
The amendments are a welcome move as they enhance investor protection and ensure that only credible and ‘well governed’ entities are allowed to act as intermediaries, says Sonam Chandwani, Managing…
Union Minister Piyush Goyal speaks during an interaction with Sir Ian Blatchford, Director & Chief Executive of the Science Museum Group, at the Future Frontiers Forum, in London on June…
Image for representational purposes only. | Photo Credit: File Photo The story so far: Escalating tensions between West Asian nations Iran and Israel since last week sent prices of oil…
Union Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal. File | Photo Credit: AP As the clock ticks towards U.S. President Donald…
SEBI directed that the noticees be banned from trading in securities and associating with depositories, and to disgorge ₹11.37 crore jointly in addition to a penalty. File | Photo Credit:…
Indian money background. Cash. One hundred and five hundred Indian banknotes Seamless pattern. Design for a poster, business project, textiles, wallpaper. | Photo Credit: rvimages The rupee appreciated 6 paise…
The Indian government is not keen on providing further subsidies to export-oriented sectors of the economy, according to a senior government official. Instead, the government is going to follow a…
A view of the wholesale vegetables market at Vashi, in Navi Mumbai. The wholesale inflation declined to 0.39% in May. | Photo Credit: PTI Wholesale price inflation (WPI) declined to…
Assam Chief Minister Himanta Biswa Sarma inspects the progress of the semiconductor project, at Jagiroad in Morigaon, Assam on February 1. | Photo Credit: ANI The story so far: The…
India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal speaks at the Swissmem Industry Day in Bern, Switzerland, Tuesday, June 10, 2025.…
India ranks 131 in the Global Gender Gap Index 2025 released by the World Economic Forum. File | Photo Credit: Reuters India has ranked 131 out of 148 countries in…
Indian stocks dipped 1% on Thursday (June 12, 2025) after United States withdrew diplomats from the West Asian nations saying that Iran was “not safe” and may be attacked by…
Reserve Bank of India (RBI) eased the Know Your Customer (KYC) norms for convenience of the customer according to a circular released June 12. Banks shall complete the KYC updation…
The 30-share BSE Sensex tanked 1,337.39 points to 80,354.59 in early trade on Friday (June 13, 2025), while the Nifty tumbled 415.2 points to 24,473. File | Photo Credit: The…
Foreign Institutional Investors offloaded equities worth ₹3,831.42 crore on June 12, 2025, according to exchange data. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty tumbled in early…
Amid the chaos set in by churning events and spurring global uncertainty, there is an interesting financial trend that mainstream analysts are perhaps missing. It is well known in economic…
External Affairs Minister S. Jaishankar is with European Commissioner for Trade and Economic Security Maros Sefcovic during a meeting in Brussels on June 11, 2025. Photo: X/@DrSJaishankar via PTI India…
U.S. President Donald Trump said the trade deal is subject to final approval by him and Chinese President Xi Jinping. File | Photo Credit: Reuters U.S. President Donald Trump said…
The Reserve Bank of India is rolling out aggressive monetary easing to revive consumption and investment in the economy, but the payoff hinges on whether banks ramp up credit and…
Inflow in equity mutual funds slumped to its lowest level in 13 months to ₹19,013 crore in May, with large-cap, mid-cap and small-cap funds experiencing lowered inflows, primarily triggered by…
Trucks loaded with container move through a container terminal port in Shanghai, China. File | Photo Credit: AP China’s exports rose 4.8% in May from a year earlier, a bit…
The conversation on valuation of stocks based on narratives becomes important in the context of increased retail investor participation in the market. | Photo Credit: HEMANSHI KAMANI Stocks of companies…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Maharashtra and Karnataka accounted for 51% of the foreign direct investment (FDI) inflows into the country during the last financial…
Private sector HDFC Bank reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across tenure. File. | Photo Credit: Reuters State-owned Bank of Baroda (BoB) on…
Image for representation only | Photo Credit: The Hindu The story so far More than a year since it was announced, the Ministry of Heavy Industries Monday notified guidelines of…
“India has lifted 171 million people from extreme poverty in the decade between 2011-12 and 2022-23,” the World Bank said. File | Photo Credit: Getty Images/istockphoto , India’s extreme poverty…
Photo used for representation purpose only | Photo Credit: Getty Images/iStockphoto The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85% for…
Benchmark indices rose nearly 1% on Friday following the Reserve Bank of India (RBI)‘s repo rate cut of 50 basis points. Markets opened lower and hit an intra-day low within…
Discussions are ongoing in India to amend the nuclear liability framework, regulated by the Civil Liability for Nuclear Damages Act (CLNDA), 2010, and the Atomic Energy Act (AEA), 1962, to…
Representational file image. | Photo Credit: V. Raju India’s services sector activity rose marginally to a three-month high in May 2025, driven by strong exports, according to a private sector…
Foreign institutional investors sold equities worth ₹2,853.83 crore on a net basis on June 3, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated for the…
The Reserve Bank’s rate-setting panel started its three-day brainstorming on monetary policy as expectations are high of a 25 Basis Points (bps) or even a jumbo 50 bps rate cut…
“On the domestic front, the tailwinds are getting stronger with the latest Q4 GDP growth data coming at 7.4%, which is much better-than-expected,” | Photo Credit: PTI Benchmark equity indices,…
Indian rupee weakens against the dollar amid volatile equity markets and RBI policy deliberations, while GDP growth exceeds expectations. File | Photo Credit: Reuters The rupee depreciated 10 paise to…
On the price front, in addition to greater material costs, manufacturers also reported greater outlays on freight and labour. File | Photo Credit: Reuters The India-Pakistan conflict, coupled with increased…
Image for representational purpose only. File | Photo Credit: R. Ragu The high-value ₹2,000 notes worth ₹6,181 crore are still in circulation after two years of the Reserve Bank withdrawing…
Over the past week, much media space was devoted to discussions around the size of India’s economy relative to other economies of the world. These discussions were based on the…
The image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Gross Goods and Services Tax (GST) collections rose 16.4% to over ₹2.01 lakh crore in May, as…
The report said the growing capital pool is crucial for funding government and corporate deficits and supporting macroeconomic stability. File | Photo Credit: Reuters State Bank of India (SBI) in…
The manufacturing sector’s growth stood at 4.8% in Q4 of FY25, the second fastest quarterly growth in the year, on a high base of 11.3% in Q4 of the previous…
Representational image | Photo Credit: Getty Images/iStockphoto The government on Friday (May 30, 2025) approved an additional instalment of ₹81,735 crore as tax devolution to States, which will be released…
Image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The recommendations made by the Department of Financial Services, under the Union Finance Ministry, on the Reserve Bank…
The Reserve Bank of India seal on a gate outside the RBI headquarters in Mumbai. File | Photo Credit: Reuters The country is poised to remain the fastest growing major…
“The RBI is exploring the commencement of CBDC pilots on cross-border payments,” it said in the annual report. File | Photo Credit: Reuters “The value of Central Bank Digital Currency…
Remittances have long played a quiet but crucial role in India’s external sector balance, but in terms of policy attention, they have often been overshadowed by indicators such as foreign…
Image used for representative purpose only. | Photo Credit: Reuters Growth in industrial activity in the country slowed to an eight-month low of 2.7% in April 2025, dragged down by…
Representational image of a manufacturing unit of a footwear company near Coimbatore, Tamil Nadu | Photo Credit: M. Periasamy The Ministry of Commerce and Industry has, over the last few…
CBDT has extended the deadline for filing income tax returns. File The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax returns (ITRs) for the…
The company is hiring specialist AI talent from the market who are proficient and also focusing on training the existing talent within the organisation by revamping the training curriculum. File…
The rupee snapped its three-day losing streak and settled for the day higher by 70 paise at 85.25 (provisional) against the U.S. dollar. File | Photo Credit: Reuters The rupee…
Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,045.36 crore on May 22, 2025, according to exchange data. | Photo Credit: PTI Benchmark indices Sensex and Nifty rebounded sharply by nearly…
Representative image | Photo Credit: The Hindu The story so far: On May 17, the Directorate General of Foreign Trade shut down all land ports with Bangladesh for export of…
The story so far: Putting an end to much speculation, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) announced that it had decided to transfer ₹2.69…