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September 4, 2025 7:52 AM

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PM Modi hails GST reforms unveiled by Finance Minister Nirmala Sitharaman

Prime Minister Narendra Modi has hailed the next-generation reforms in GST announced by Finance Minister Nirmala Sitharaman. In a social media post, Mr. Modi said that the government has decided to cut GST rates, which will benefit the common man, farmers, MSMEs, middle-class, women and youth. He ad...

September 4, 2025 6:52 AM

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Minister of State Dr. L. Murugan: PM Modi Set Tone for Next-Generation GST Reforms

Minister of State for Information and Broadcasting, Dr. L Murugan, has said that Prime Minister Narendra Modi had set the tone for the next generation reforms on the 79th Independence Day. He said that Mr. Modi had decided to give the benefit before the Diwali festival.      Speaking about GST...

September 3, 2025 7:39 PM

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Gold Inches Up, Silver flat in Indian Bullion Market

In the Indian bullion market, 24 Karat Gold was trading over half a per cent up at 1,06,800 rupees per 10 grams, and Silver was trading flat at 1,24,400 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold for October contract was trading over half a per cent up at 1,06,3...

September 3, 2025 6:32 PM

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Rupee appreciates by 9 paise to close at 88.06 against US dollar

In the Forex market, the rupee today appreciated by nine paise to close at 88 rupees and six paise against the US dollar amid positive domestic equities, softening of crude oil prices and weak US dollar index. The dollar index, which indicates US dollar's strength against a basket of six other leadi...

September 3, 2025 5:15 PM

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Domestic indices rise by over half a percent despite flat opening

Benchmark domestic equity indices rose over half a per cent today. The markets had opened on a flat note and remained largely range-bound during intra-day trade. However, both the indices secured remarkable gains during last hour of trade. The Sensex gained 410 points, to close at 80 thousand and ...

September 3, 2025 12:00 PM

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56th GST Council Meeting Underway in New Delhi; FM Nirmala Sitharaman Chairs

The 56th Meeting of the GST Council is underway in New Delhi. Union Finance Minister Nirmala Sitharaman is chairing the two-day meeting. The Council is expected to deliberate on India’s next-generation GST reforms, including rationalisation of tax rates and simplification of compliance. Finance Mi...

September 3, 2025 2:56 PM

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SEBI Caps Intraday Positions in Equity Index Derivatives to Manage Market Risk

The Securities and Exchange Board of India (SEBI) has introduced a new framework to monitor intraday positions in equity index derivatives, aiming to manage large exposures and maintain market stability. Effective from October 1, the net intraday position is capped at 5,000 crore rupees per entity ...

September 2, 2025 8:05 PM

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Iran’s Oil Exports Hit Record Despite 14 U.S. Sanction Packages

Iran’s crude oil and condensate exports have reached a new high over the past 12 months despite the imposition of 14 U.S. sanction packages totalling 465 measures, including the toughest oil-related restrictions since 2018. According to the Iranian Oil Ministry’s news service, oil exports remain...

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