Business

September 13, 2025 7:15 AM

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NPCI Hikes UPI Limit for Merchant Payments to ₹10 Lakh per Day

The National Payments Corporation of India (NPCI) has announced a major revision of the Unified Payments Interface (UPI) limit for Person-to-Merchant (P2M) transactions, which will come into effect from Monday. According to the circular issued by NPCI last month, the new UPI rules are designed to ma...

September 13, 2025 6:31 AM

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Next-Gen GST Reforms: PM Modi Delivers Major Tax Relief on Food and Stationery

On this Independence Day, from the ramparts of the Red Fort, Prime Minister Narendra Modi announced the next generation of GST reforms. His vision was realised on the 3rd of this month, when the GST Council reduced tax rates in many sectors to ease the lives of citizens. Today, we take a look at the...

September 12, 2025 7:42 PM

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Retail Inflation Inches Up to 2.07% in August, Still Below RBI’s 4% Goal

India's retail inflation inched up to 2.07 per cent in August, marking an increase of 46 basis point as compared to the upwardly revise figure of 1.61 percent in July. However, the inflation rate is well within the RBI’s target rate of 4 per cent.   According to data released by the Ministry of...

September 12, 2025 7:29 PM

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Crude Oil Prices Rise; Brent Up Over 2%, WTI Gains 1.8%

Crude oil prices rose today. Brent Crude was trading nearly over two per cent up at 67 dollars and 67 cents per barrel, and WTI Crude was also trading 1.8 per cent up at 63 dollars and 49 cents per barrel, when reports last came in.

September 12, 2025 6:48 PM

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Rupee Rises 16 Paise to Close at 88.28 Against US Dollar

In the Forex market, the rupee today appreciated by 16 paise to close at 88 rupees and 28 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 97.66 in intra-day trade.

September 12, 2025 5:04 PM

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Sensex Rises 356 Points, Nifty Ends Above 25,100 as Markets Extend Winning Streak

Benchmark domestic equity indices ended over 0.4 per cent higher today. Earlier, both the indices opened with mild gains, and extended their positive momentum in afternoon session, holding onto around half a per cent gain. The Sensex climbed 356 points, to close at 81 thousand 905, rising for the fi...

September 12, 2025 12:38 PM

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Wall Street Closes at Record Highs as Dow Tops 46,000

US stocks edged higher on Thursday, ending at record closing highs for yet another session. The Dow Jones Industrial Average surged almost 1.4 per cent to end at 46 thousand 108. The S&P 500 climbed over 0.8 per cent to end at 6 thousand 587 points, and the tech-heavy Nasdaq Composite Index sett...

September 12, 2025 10:28 AM

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Sensex, Nifty Open Higher on US Rate Cut Hopes; Midcaps, Smallcaps Outperform

The Indian benchmark indices opened with mild gains on the back of strong global cues, driven by growing expectations of a US Federal Reserve rate cut next week. Sensex was up 114 points or 0.14 per cent at 81,663, and Nifty was up 39 points or 0.16 per cent at 25,045 in the early trade today. The b...

September 12, 2025 6:30 AM

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Next-Gen GST Reforms: Essential Goods Made Tax-Free to Ease Burden on Citizens

On the occasion of Independence Day this year, from the ramparts of Red Fort, Prime Minister Narendra Modi announced the Next Generation of GST reforms by Diwali. His vision was realised on 3rd September with the GST Council reducing tax rates in many sectors to ease the lives of citizens. Today, we...

September 11, 2025 8:34 PM

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Crude oil prices ease Amid US demand concerns, oversupply risks

Crude oil prices eased today as worries over softening US demand and broad oversupply risks were offset by concerns over geopolitical uncertainties. Brent Crude was trading over 1.2 per cent down at 66 dollars and 64 cents per barrel, and WTI Crude was also trading 1.4 per cent down at 62 dollars an...