Business

September 25, 2025 6:55 PM

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FM Calls For Banks To Contribute To Economic Growth With Innovative Approaches

Union Finance Minister Nirmala Sitharaman has said that institutions driving the financial system play a very crucial role in the country’s economic development. She added that to further strengthen the economy, banks will have to play an increasingly important role in the times ahead. The Finance M...

September 24, 2025 9:57 PM

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FM Nirmala Sitharaman launches Goods and Services Appellate Tribunal

Finance Minister Nirmala Sitharaman launched the Goods and Services Appellate Tribunal (GSTAT) in New Delhi today. Addressing the gathering, Ms Sitharaman said that she is confident that this forum will become a true symbol of justice for taxpayers, a pillar of trust for businesses, and a catalyst f...

September 24, 2025 1:51 PM

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Sensex, Nifty Trade Lower; Sensex Drops 344 Points

Benchmark domestic equity indices, Sensex and Nifty, were trading around 0.4 per cent down in forenoon trade today. Barring PSU Bank, most other sectoral indices were trading with losses. The Sensex shed 344 points to 81 thousand 758, while Nifty fell 96 points to 25 thousand 74, when reports last c...

September 24, 2025 1:18 PM

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Next-Gen GST Reforms Simplify India’s Tax System

 The next-generation GST reforms represent a significant step towards simplifying India’s indirect tax system. Now people can avail the benefits of GST reforms, which were already implemented on the 22nd of this month. Under the new structure, the GST council has simplified the earlier four-tier str...

September 23, 2025 7:43 PM

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OECD Raises India’s 2025 GDP Forecast to 6.7%, Cuts Inflation Projection to 2.9%

The Organisation for Economic Cooperation and Development (OECD) has raised India's GDP growth forecast by 40 basis points (bps) to 6.7 per cent in 2025 from its earlier projection of 6.3 per cent in June. The OECD's latest 'World Economic Outlook' stated that overall activity is anticipated to be s...

September 23, 2025 7:20 PM

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Rupee Falls 44 Paise to 88.75 Against US Dollar

In the Forex market, the rupee today depreciated by 44 paise to close at 88 rupees and 75 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 97.32 in intra-day trade. 

September 23, 2025 6:57 PM

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Asian Markets Mixed; European Indices Trade Higher

Major Asian stock markets displayed mixed trend today. Hong Kong’s Hang Seng index fell 0.7 per cent, and China’s Shanghai Composite Index dipped around 0.2 per cent. On the other hand, South Korea’s Kospi Index rose over half a per cent and Singapore’s Straits Times Index added over 0.1 per cent. M...

September 23, 2025 6:45 PM

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Gold and Silver Prices Rise in Indian Bullion Market

In the Indian bullion market, 24 Karat Gold was trading one and a half per cent up at 1,14,500 rupees per 10 grams, and Silver was trading over 1.1 per cent up at 1,35,140 rupees per kilogram, a short while ago.     At the Multi Commodity Exchange, gold for October contract was trading over one and ...

September 23, 2025 4:24 PM

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Sensex and Nifty End Marginally Lower, Extend Losing Streak to Third Session

Benchmark domestic equity indices, Sensex and Nifty, ended marginally down in a volatile trade today, extending their losing streak for the third consecutive session. Both the indices had begun the day on a positive note, but failed to maintain the momentum in the latter half despite a brief recover...