Saturday, September 06, 2025

Business

Indian stock market gains in volatile week amid GST reforms

MUMBAI: The Indian equities ended marginally higher this week as initial optimism around GST rationalisation trickled down and global trade tensions resurfaced.

India will be among world’s top 10 shipbuilding nations by 2030: Sarbananda Sonowal

NEW DELHI: India will be among the world’s top 10 shipbuilding nations by 2030 and in top five countries by 2047, according to Union Minister of Ports, Shipping and Waterways (MoPSW), Sarbananda Sonowal.

Why Delhi’s Smart Shoppers Are Renting Instead of Buying

Delhi is a city that runs on ambition, energy, and variety. People here are always on the move, working long hours, planning quick weekend trips, upgrading their tech, or chasing their next big idea. And in this fast pace, a new habit is catching on. Instead of buying every gadget or device, more and more Delhiites are renting what they need, when they need it.

Stock market ends flat; auto shares surge as IT and FMCG decline

MUMBAI: The Indian equity indices ended flat after a volatile session on Friday as investors showed a mixed approach amid weak global cues.

‘GST reform biggest since Independence, Cong made tall promises but did nothing in 10-year rule’: Piyush Goyal

NEW DELHI: Union Minister of Commerce and Industry Piyush Goyal on Friday hailed the latest reforms in the Goods and Services Tax (GST) structure as “the biggest economic reform since Independence,” crediting Prime Minister Narendra Modi for fulfilling a long-awaited vision to simplify India’s tax system.

Indore-bound Air India Express flight lands safely after mid-air engine issue

NEW DELHI: An Indore-bound Air India Express flight from Delhi suffered a mid-air engine fault on Friday, prompting the pilots to make a ‘PAN-PAN’ call to Air Traffic Control before landing safely with all passengers unharmed.

GST reforms to help textiles sector reach $350 billion by 2030: Govt

NEW DELHI: The next-generation GST reforms are a historic leap forward for India’s textile sector, serving as a catalyst for the country’s march towards becoming a $350 billion textile economy by 2030, according to the government.

Indian stock market opens higher, Nifty above 24,700

MUMBAI: The Indian benchmark indices opened higher on Friday, buoyed by transformative rate reductions announced by the GST Council across sectors as buying was seen in the auto, IT and PSU bank shares in the early trade.

India-US trust 'broken', off-ramp needed soon, says expert

WASHINGTON: Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum (USISPF), believes that "trust has broken" between New Delhi and Washington as bilateral trade tensions continue to persist.

Discovering Crazy Time in Bangladesh

Crazy Time is an exciting live casino game that has captured the attention of gaming enthusiasts in Bangladesh. Hosted by a lively presenter in a vibrant studio environment, this game combines elements of traditional wheel-of-fortune mechanics with engaging bonus rounds. Its unique format makes it a standout attraction for fans of interactive gambling games. Here is a comprehensive look at Crazy Time, its rules, and why it has gained popularity among players. 

Modern Technologies for Mobile Gambling: What to Expect in 2025

With more innovations to come, the gambling landscape has already started its revolutionization phase. To maintain a competitive edge, operators are to advance their casino sites with unique, tech-driven tweaks.

GST reforms to boost national growth, spur Delhi’s economy: CM Rekha Gupta

NEW DELHI: Delhi Chief Minister Rekha Gupta on Thursday welcomed the new reforms announced by the GST Council, describing them as a decisive step that will give fresh momentum to the city’s economy and prove to be a milestone in the country’s growth journey.

GST reforms may cost Centre just 0.05 pc of GDP: Bernstein

NEW DELHI: The sweeping changes in Goods and Services Tax (GST) rates announced by the government may have only a minor impact on public finances, with the fiscal burden on the Centre expected to be just Rs 18,000 crore, according to a report by global brokerage Bernstein on Thursday.

Indian indices end marginally up as profit booking, IT stocks erase early gains

MUMBAI: The domestic equity indices ended the session slightly up on Thursday amid volatility. The Sensex surged over 900 points in opening trade, driven by optimism over GST reforms. However, it lost most of the gains due to profit booking and selling in IT stocks.

Adani Electricity supports Mumbai's festive season with over 2,571 floodlights

MUMBAI: In a bid to ensure a safe and joyful experience for devotees, Adani Electricity, the power supplier for Mumbai's Western and Eastern Suburbs, has installed over 2,571 floodlights at 167 Lord Ganesh idol immersion locations across 15 Brihanmumbai Municipal Corporation (BMC) wards.

GST 2.0 a truly historic reform for New India, says Maha CM Fadnavis

MUMBAI: Maharashtra Chief Minister Devendra Fadnavis hailed the GST 2.0 reforms, calling the move to a two-slab structure a “truly historic reform for New India.”

India adds 30 GW renewable energy generation capacity so far in 2025: Minister

NEW DELHI: India has added 30 gigawatts (GW) of renewable energy generation capacity so far this year and is expected to close 2025 with an addition of up to 43 GW, Union Minister for New and Renewable Energy, Pralhad Joshi, has said.

Trinamool claims 'moral victory' after Centre scraps 18 pc GST on health insurance policies

KOLKATA: The Trinamool Congress has claimed moral victory after the Union government exempted Goods and Services Tax (GST) from individual health and life insurance policies.

GST booster: Sensex rallies over 550 points in morning trade, Nifty Auto jumps 2.51 pc

MUMBAI: The Indian benchmark indices opened higher on Thursday, buoyed by transformative rate reductions announced by the GST Council across sectors.

Centre simplifies GST registration process for small and low-risk businesses

NEW DELHI: The government on Wednesday said that in order to continue with ease of doing business reforms, the GST registration process has been further simplified, especially for small businesses and low-risk applicants.

One-Person Company Versus Sole Proprietorship

A One-Person Company (OPC) has a different business structure than a Sole Proprietorship. Both business structures are for small businesses and involve minimal paperwork and compliance. Though both have unique characteristics and function differently.

Andhra Pradesh backs GST reforms proposed by Centre

AMARAVATI: The Andhra Pradesh government has asserted its support for next-generation GST reforms proposed by the Centre.

Piyush Goyal holds talks with German Minister Wadephul on bolstering economic ties

NEW DELHI: Union Commerce and Industry Minister Piyush Goyal on Wednesday held talks with Germany’s Federal Minister for Foreign Affairs Johann Wadephul on strengthening economic relations between the two countries amid the changing dynamics in world trade triggered by the sharp hike in US tariffs.

India’s power sector adds 5.2 GW capacity in July, 36 GW solar capacity addition expected in FY26: Report

NEW DELHI: India's power sector saw increased capacity commissioning in July, aided by strong policy incentives, adding 2 GW of conventional and 3.2 GW of renewable capacity, a report said on Wednesday.

Govt setting up 550 centres to buy cotton from farmers at MSP

NEW DELHI: Union Minister of Textiles Giriraj Singh has drawn up plans to set up as many as 550 procurement centres nationwide for buying cotton from farmers at the minimum support price (MSP) during the forthcoming kharif marketing season, which starts on October 1.

India’s services trade surplus likely to hit record $205–207 billion in FY26: Report

NEW DELHI: While merchandise exports are projected to remain under pressure due to US tariffs, India’s services trade surplus is expected to hit a record $205–207 billion in FY26, a report showed on Wednesday.

Nifty, Sensex open flat as investors eye GST Council meet outcome

MUMBAI: The Indian benchmark indices opened flat on Wednesday, tracking weak global cues, while investors await the outcome of the two-day GST Council meeting to revise rates.

Indian Heritage Hotels Association demands GST exemption for foreign tourists

JAIPUR: The Indian Heritage Hotels Association (IHHA) has submitted a memorandum to Union Tourism Minister Gajendra Singh Shekhawat seeking GST exemption for foreign tourists.

India best-performing G20 nation on sustainability, trade talks on across the globe: Piyush Goyal

NEW DELHI: India is one of the best-performing G20 nations in meeting sustainability commitments, Union Commerce and Industry Minister Piyush Goyal said on Tuesday, adding that the country is also expanding trade ties across the globe.

Adani Power gets approval to commence Dhirauli mine operations in Madhya Pradesh

AHMEDABAD: Adani Power Limited, India’s largest private thermal power producer, on Tuesday announced it has received approval from the Ministry of Coal to begin operations at the Dhirauli coal mine in Singrauli, Madhya Pradesh.

India aims to raise share of gas in energy mix to 15 pc by 2030: Hardeep Puri

NEW DELHI: India aims to raise the share of gas in its energy mix to 15 per cent by 2030 from about six per cent at present to cut its carbon footprint, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said on Tuesday.

Label and Packaging Trends Every B2B Leader Should Watch in 2025

Labels and packaging are far more than functional tools for shipping or display. They tell your brand's story, communicate your values, and create an emotional connection with your audience. For B2B leaders, keeping ahead of trends in product packaging and labeling is critical—not just for boosting shelf appeal but also for maintaining relevance in the rapidly evolving marketplace.

GST 2.0, rising rural incomes, easing inflation may spark big consumption revival in India: Report

MUMBAI: The combination of the upcoming GST 2.0 reforms, rising rural incomes and easing inflation could set the stage for a major revival in India’s consumption story, a new report said on Tuesday.

SEBI re-introduces intraday limits for index options trading from October 1

MUMBAI: The Securities and Exchange Board of India (SEBI) has introduced a framework to monitor intra-day positions in equity index derivatives to reduce risks from oversized exposures and maintain market liquidity and order.

Sensex, Nifty open marginally higher ahead of key GST meet

MUMBAI: The Indian benchmark indices opened marginally higher on Tuesday as investors are keen on the two-day GST Council meeting this week, where a major rate overhaul is expected.

Semicon India: India a beacon of stability amid global uncertainty, says Ashwini Vaishnaw

NEW DELHI: Union Electronics and IT Minister Ashwini Vaishnaw on Tuesday said that India is emerging as a “lighthouse of stability and growth” at a time when the world is facing global policy turmoil and uncertainty.

India’s earnings peak still ahead due to GST reforms, macro fundamentals; strong case to re-rate: Report

NEW DELHI: India's equity market might be underestimating the likely turn in its growth cycle, as the nation may be able to take a larger share of global output due to macro fundamentals and earnings recovery, a report said on Monday.

Indian equity indices witness sharp rally on resilient Q1 GDP data, SCO outcomes

MUMBAI: The domestic benchmark indices ended the session in green on Monday, registering a sharp rally amid heavy buying in IT and automobile stocks.

Morgan Stanley ups India’s GDP growth forecast, expects cut in GST to spur demand

NEW DELHI: Morgan Stanley has raised its forecast for India’s GDP growth in 2025-26 on the back of the robust 7.8 per cent growth in the April-June quarter and expects the forthcoming cuts in GST to spur domestic demand, which would offset the decline in exports due to the US tariff hike.

Pivotal in initiating DBT scheme, TCA Kalyani takes charge as Controller General of Accounts

NEW DELHI: TCA Kalyani, a 1991-batch officer of the Indian Civil Accounts Service (ICAS), on Monday assumed charge as the new Controller General of Accounts (CGA) in the country.

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