Business

October 1, 2025 8:37 AM October 1, 2025 8:37 AM

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India-EFTA Trade and Economic Partnership Agreement (TEPA) Comes into Effect Today

The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) comes into effect from today. The Ministry of Commerce and Industry, in a statement, said that the agreement was signed on the 10th of March last year in New Delhi. EFTA is an important regional group wi...

September 30, 2025 6:30 PM September 30, 2025 6:30 PM

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Sensex, Nifty End 8th Consecutive Session Lower in Narrow Range

Benchmark domestic equity indices, Sensex and Nifty, fell for 8th straight session and ended marginally lower in a range bound market today. The Sensex lost 97 points, to close at 80 thousand and 268, while Nifty decreased 24 points, to settle at 24 thousand 611. The broader market indices at the Bo...

September 29, 2025 8:29 PM September 29, 2025 8:29 PM

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India’s Industrial Production Rises 4% in August, IIP Shows Strong Growth

India’s industrial production growth, measured by the Index of Industrial Production (IIP) stood up at four per cent on an annual basis, in August this year. According to the data released by the Ministry of Statistics and Programme Implementation, among the three major components of IIP, mining sec...

September 29, 2025 6:58 AM September 29, 2025 6:58 AM

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GST Council Approves Rate Cuts, Brings Daily Essentials Under Zero Tax Slab

On this Independence Day from the ramparts of Red Fort, Prime Minister Narendra Modi announced the Next Generation of GST reforms by Diwali. His vision was realised as the GST Council on 3rd September approved rates rationalisation, reducing tax rates in many sectors, while easing the lives of citiz...

September 27, 2025 1:45 PM September 27, 2025 1:45 PM

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US stocks ended higher after mostly in-line US inflation data

US stocks ended higher on Friday after mostly in-line US inflation data, but the three major indices still posted weekly losses. According to the Commerce Department's personal consumption expenditures price index report, Inflation rose by 0.3 per cent for the month, putting the annual headline infl...

September 27, 2025 7:57 AM September 27, 2025 7:57 AM

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Department of Posts revises Inland Speed Post (Document) Tariff, introduces new features

The Department of Posts has revised the Inland Speed Post (Document) Tariff and introduced new features aimed at enhancing reliability, security, and customer convenience. The Ministry of Communications has said that the revised tariff will be effective from 1st October. In local areas for speed pos...

September 27, 2025 8:03 AM September 27, 2025 8:03 AM

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Union Minister Hardeep Singh Puri announces discovery of natural gas in Andaman Sea

In a significant development, Union Petroleum Minister Hardeep Singh Puri has announced that natural gas has been discovered in the Andaman basin, confirming the long-held belief that the Andaman Sea is rich in natural gas. In a social media post last night, the Minister said, an ocean of energy opp...

September 26, 2025 8:50 PM September 26, 2025 8:50 PM

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Rupee Depreciates 5 Paise to Close at 88.71 Against US Dollar

In the Forex market, the rupee today depreciated by five paise to close at 88 rupees and 71 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was trading at 98.46 in intra-day trade.