Monday, September 15, 2025

Business

Gold and silver prices hit record high this week amid global uncertainty

NEW DELHI: Gold and silver prices continued their upward march this week, scaling fresh all-time high as concerns over US tariffs and heightened geopolitical tensions kept safe-haven demand strong. 

APEDA office in Patna to boost Bihar’s agri exports: Piyush Goyal

NEW DELHI: The establishment of the Agricultural and Processed Food Products Export Development Authority (APEDA) office in Patna will open new doors for Bihar’s farmers, producers and exporters, according to official statement on Friday.

US inflation, weak labour market data make Fed rate cut 'certain': Report

NEW DELHI: United States' CPI inflation in August, along with a sharp downturn in labour market dynamics, rendered a 25 basis point Fed rate cut next week "certain", said a report on Friday.

US SEC gives exemptive relief for Infosys share buyback

NEW DELHI: Indian IT giant Infosys has obtained exemptive relief from the US Securities and Exchange Commission for its Rs 18,000 crore buyback, according to its notification to the exchanges. The company has announced its first share buyback in three years, since October 2022.

Over 9 in 10 CEOs say govt effective in enabling India’s global rise

NEW DELHI: More than nine in 10 (93 per cent) CEOs feel that government has been effective in enabling India’s global rise while 92 per cent believe India’s global positioning is strong, according to a new survey.

Indian stock market opens with mild gains amid strong global cues

MUMBAI: The Indian benchmark indices opened with mild gains on Friday on the back of strong global cues, driven by growing expectations of a US Federal Reserve rate cut next week.

BVI Company Formation: Your Gateway to Global Business

Many people associate Caribbean islands with stunning beaches and sailing. However, these are excellent destinations for starting your international business. Behind the turquoise waters and white sand lies one of the world's most trusted corporate jurisdictions, the British Virgin Islands. It has been a major draw for entrepreneurs for decades. They come here to set up highly efficient companies and enjoy high privacy standards.

Maharashtra is best state for investment with conducive ecosystem: CM Fadnavis

MUMBAI: Chief Minister Devendra Fadnavis said on Thursday that Maharashtra is an industry-friendly state in the country and it is the best for industry and investment with conducive ecosystem.

Infrastructure Lending Firms Expand With Focus on Energy Needs

India’s push for infrastructure is gathering pace, with energy at the heart of this story. The country’s growing demand for power—whether for factories, cities, or rural electrification—has made financing as critical as technology. Among the firms driving this shift, REC Limited stands out. Its role in funding both traditional and renewable energy projects has made it one of the most important players in India’s clean energy and infrastructure expansion.

North Gujarat emerging as India’s agro-dairy powerhouse, set to host VGRC meet

GANDHINAGAR: North Gujarat is positioning itself as India’s next agro-dairy hub, with the upcoming Vibrant Gujarat Regional Conference (VGRC) in Mehsana on October 9-10 set to highlight investment opportunities in agriculture, food processing, and dairy, as per official information shared on Thursday.

India-US trade talks on track, 1st tranche expected by November: Piyush Goyal

NEW DELHI: Union Commerce and Industry Minister Piyush Goyal on Thursday said that the first tranche of the India-US trade deal is expected to be finalised by November.

S. Korea to support shipbuilding projects involving Arctic routes

SEOUL: The government will provide financial support for projects aimed at building icebreakers that will run through Arctic shipping routes, the oceans minister said on Thursday, as South Korea plans to begin pilot operations on the envisioned Northern shipping corridors next year.

GST rate rejig shows promise of more access, growth in Indian pharma market

NEW DELHI: The recent restructuring in the Goods and Services Tax (GST) regime will not only make life-saving drugs and healthcare more affordable and accessible but also lead to growth in the country’s pharma market, according to a report.

Sensex opens marginally up, Nifty near 25,000 amid mixed global cues

MUMBAI: The domestic benchmark indices opened a tad higher on Thursday, driven by developments in bilateral trade discussions between India and the United States and other global cues.

Adani Power to supply power from greenfield 1,600 MW thermal plant in Madhya Pradesh

AHMEDABAD: In a first-of-its-kind adoption of the greenshoe option in a thermal power tender in India, Adani Power Ltd (APL) on Thursday said it has been awarded a total of 1,600 MW capacity by MP Power Management Company Limited (MPPMCL) under the recently concluded tendering process.

Power Expo – China Import and Export Fair 2025

This major exhibition was held for the fourteenth time in the same place: Guangzhou, China, Pazhou Exhibition Center. The organizer is GGIEG, which annually holds many events dedicated to the energy industry in China and around the world. GGIEG promotes energy development, attracts new investors, and popularizes the topic.

Why Online Casinos Fit the Rhythm of Modern Life

You know what's weird? We've built this entire society around being "always on," but then we act surprised when people gravitate toward entertainment that actually fits that rhythm. Here's the thing about online casinos – they're not some aberration or sign of moral decay. They're basically the logical outcome of how we've restructured everything else in our lives.

A Beginner's Guide to Playing Blackjack Online in Canada

Blackjack is one of the most popular and enduring card games in the world, known for its blend of strategy, skill, and chance. With the rise of online casinos, Canadian players now have the opportunity to enjoy this classic game from the comfort of their own homes. For those new to online gaming, understanding the basics of blackjack and how to play it effectively can enhance the overall experience and increase the chances of winning

India’s resilience stands out as tariffs impact global trade: Report

NEW DELHI: India's economy shows resilience despite global trade and fiscal uncertainty, supported by robust domestic consumption and government spending, a report said on Wednesday.

India installs 3.8 GW solar open-access capacity in Jan-June: Report

NEW DELHI: India added 3.8 gigawatts (GW) of solar open access capacity in the first half of 2025, and 2.7 GW in the second quarter alone, a new report has said.

India’s textile sector aims to reach $250 billion by 2030 with $100 billion exports: Giriraj Singh

NEW DELHI: India’s textile sector, valued at $179 billion with exports of $37.75 billion, aims to become the $250 billion domestic market with $100 billion exports by 2030, according to Union Minister Giriraj Singh.

Sensex, Nifty jump over positive development on India-US trade talks

MUMBAI: The Indian benchmark indices opened higher on Wednesday, on the back of promising developments in the US-India trade discussions along with strong overnight global cues.

CM Bhupendra Patel inaugurates All Gujarat Caterers Association Expo in Ahmedabad

AHMEDABAD: Gujarat Chief Minister Bhupendra Patel on Tuesday inaugurated the All Gujarat Caterers Association (AGCA) Expo 2025 in Ahmedabad, a two-day event showcasing the state's growing catering and culinary sector.

India remains ‘ripe for long-term alpha creation’, says Jefferies

NEW DELHI: Despite recent market underperformance and global uncertainties, India remains well-positioned for long-term wealth creation, a new report said on Tuesday.

Pralhad Joshi to inaugurate hi-tech EV testing facility in Kolkata

NEW DELHI: In line with India’s mission to promote sustainable mobility and reduce carbon emissions, Union Minister for New & Renewable Energy Pralhad Joshi will virtually inaugurate a state-of-the-art Electric Vehicle (EV) testing facility at Alipore Regional Laboratory in Kolkata on Wednesday.

Infosys surges 4.42 pc as board mulls share buyback

NEW DELHI: Shares of IT giant Infosys Limited rose over 4 per cent on Tuesday after the company announced that its board will consider a proposal on September 11 for an equity share buyback.

Scindia launches historic UPI–UPU integration at Universal Postal Congress in Dubai

DUBAI: India’s Minister for Communications Jyotiraditya Scindia on Tuesday launched the UPI–UPU Integration project at the 28th Universal Postal Congress here, a landmark initiative set to transform cross-border remittances for millions worldwide.

Gold scales record high, silver hits 14-year peak on Fed cut bets

NEW DELHI: Domestic gold and silver prices surged to record highs on Tuesday, tracking a global rally in precious metals amid weakness in US dollar, as disappointing US labour market data reinforced expectations of aggressive Federal Reserve rate cuts.

Court set to begin hearing in Jane Street-SEBI case

NEW DELHI: A three-member bench of the Securities Appellate Tribunal (SAT) was set to begin hearing on Tuesday in a case between US trading company Jane Street Group LLC and capital markets regulator, the Securities and Exchange Board of India (SEBI).

At 9.23 am, Sensex was up 355 points or 0.44 per cent, at 81,142 and Nifty was up 99 points or 0.40 per cent, at 24,873.

MUMBAI: The Indian benchmark indices opened higher on Tuesday, with Nifty IT index leading the rally with 1.7 per cent surge in the early trade.

Sensex ends 70 points higher, Nifty nears 24,800

MUMBAI: The Indian equity indices ended the session slightly up on Monday, amid buying in auto and metal stocks. The domestic indices soared high in the early trade, boosted by the GST reforms announcement, optimism around the ease in India-US relationship, and the rate cut announced by major Indian automakers.

SEBI issues revised settlement dates for equity, derivatives segments

MUMBAI: The Securities and Exchange Board of India (SEBI) on Monday announced revised settlement schedules for the equity and derivatives segments in view of settlement holidays declared on September 5 and 8, 2025, by clearing corporations.

Engineering exports to grow further with bigger goals, greater strength: Piyush Goyal

NEW DELHI: The engineering exports, which were at $10 million in 1995, stand at $116 billion today and with time, the engineering sector will grow further with bigger goals and greater strength, Union Minister of Commerce and Industry, Piyush Goyal, said on Monday.

Piyush Goyal urges exporters to prioritise local supply chains

NEW DELHI: Commerce and Industry Minister Piyush Goyal on Monday urged exporters to give priority to local supply chains to strengthen India's economic security amid global trade uncertainties that can disrupt domestic production schedules.

GST reforms to reduce complexity, improve compliance and lower costs for MSMEs: Report

NEW DELHI: In response to the adverse external developments, especially around US tariffs, the government has sought to soothe the economic impact by revitalising consumption, among other measures, with the GST 2.0 reforms, a report said on Monday.

Stock market opens higher, auto stocks lead rally over GST booster

MUMBAI: The Indian benchmark indices opened higher on Monday over the GST booster, amid tariff-related uncertainty between India and the US.

Hyundai India slashes car prices by up to Rs 2.4 lakh after GST cut, effective Sep 22

NEW DELHI: Hyundai Motor India on Sunday announced that it will pass on the full benefit of the recent GST reforms to its customers, offering significant price cuts across its passenger vehicle range.

Gold jumps by Rs 4,000 this week, silver crosses Rs 1.23 lakh per kg

NEW DELHI: Gold and silver prices surged sharply over this week, pushing gold to Rs 1.06 lakh per 10 grams and silver beyond Rs 1.23 lakh per kilogramme.

Mahindra & Mahindra cuts prices up to Rs 1.56 lakh, Toyota up to Rs 3.49 lakh

NEW DELHI: Joining other automakers in reducing prices, Mahindra & Mahindra Ltd (M&M) on Saturday announced to fully pass on the GST 2.0 benefits to customers across its ICE SUV portfolio -- up to Rs 1.56 lakh -- with an immediate effect.

GST reforms, a milestone towards building Atmanirbhar Bharat: Haryana CM

CHANDIGARH: Haryana Chief Minister Nayab Singh Saini on Saturday said the Goods and Services Tax (GST) reforms announced by Prime Minister Narendra Modi from the ramparts of the Red Fort on Independence Day have been implemented within just a month.

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