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NEW DELHI: Inflation is less of a worry this fiscal, with GST rate cuts and low crude prices likely to keep prices in check, according to a Crisil report, which predicts that the initiation of the US Federal Reserve’s (Fed’s) rate cuts has also added space for the RBI to cut rates.
SEOUL: Hyundai Motor Group said on Thursday that its US sales gained over 10 per cent on-year in September, backed by record monthly electric vehicle (EV) sales despite lingering tariff pressures.
NEW DELHI: India’s economy remained resilient in April-September of FY 2025-26, supported by robust consumption, investments, and government spending, as inflation stayed below projections, aided by favourable food prices and GST reforms.
NEW DELHI: The government will roll out a three-month nationwide campaign on October 4 to help citizens trace and claim unclaimed assets, an official statement said on Wednesday.
NEW DELHI: India’s goods and services tax (GST) revenues rose 9.1 per cent year-on-year in September, reaching Rs 1.89 lakh crore, according to government data released on Wednesday.
NEW DELHI: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the release of an additional instalment of Dearness Allowance (DA) to Central government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2025, representing an increase of 3 per cent over the existing rate of 55 per cent of the basic pay/pension, to compensate them against the price rise.
NEW DELHI: Leading industry chambers on Wednesday expressed delight on the RBI’s move to keep the repo rate steady at 5.5 per cent with a ‘neutral’ stance, saying that this shows a balanced approach to supporting growth while keeping an eye on inflation.
NEW DELHI: Many major financial and regulatory changes took effect on Wednesday, affecting small banking, postal services, pensions, and railway ticketing.
MUMBAI: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions.
MUMBAI: The RBI has raised its projection of India’s GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier, as the implementation of several growth-inducing structural reforms, including streamlining of GST, is expected to offset some of the adverse effects of the external headwinds, Reserve Bank Governor Sanjay Malhotra said on Wednesday.
MUMBAI: RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.5 per cent, and stick to the “neutral” policy stance.
MUMBAI: The Indian benchmark indices opened with mild gains on Wednesday, as investors await the decision of the Reserve Bank of India’s (RBI) monetary policy decision.
SEOUL: Google Korea, the local unit of US tech giant Google, paid 17.2 billion won ($12.2 million) in corporate taxes last year, a lawmaker said on Wednesday, adding the amount represents only a fraction of what South Korean firms would have had to pay.
NEW DELHI: US investment banking company Goldman Sachs’ Chief India Economist Santanu Sengupta said on Tuesday that the Reserve Bank of India is expected to maintain current rates and take a dovish approach in the current monetary policy committee, with potential cuts in December, if conditions permit.
MUMBAI: The domestic equity indices ended the session slightly lower on Tuesday, trading range-bound amid investors showing a cautious approach ahead of the RBI monetary policy outcome.
GURUGRAM: The state-of-the-art pilot training centre has been inaugurated at the Air India Aviation Training Academy in Gurugram, which will train more than 5,000 new pilots over the next decade to meet the rising demand in India’s fast-growing aviation sector, the airline announced on Tuesday.
MUMBAI: The shares of media and entertainment companies like Prime Focus Limited and PVR Inox Limited fell up to 5 per cent during the intra-day trade on Tuesday after US President Donald Trump announced imposing a 100 per cent tariff on movies made outside the United States.
NEW DELHI: The Reserve Bank of India (RBI) issued new guidelines for small business loans, increasing the lending flexibility for banks, in adjusting the additional interest or spread charged over the loan term.
MUMBAI: The price of gold reached a record high on Tuesday, on track for its largest monthly surge in 14 years amid concerns over a potential US government shutdown and rising expectations for further Federal Reserve rate cuts.
NEW DELHI: India’s livestock sector has recorded an impressive compounded annual growth rate (CAGR) of 12.77 per cent in recent years that contributes 31 per cent to agricultural Gross Value Added (GVA) and 5.5 per cent to the national economy, according to Union Minister of Fisheries, Animal Husbandry and Dairying, Rajiv Ranjan Singh.
MUMBAI: The Indian benchmark indices opened in the green zone on Tuesday, as investors keep their focus on Reserve Bank of India’s (RBI) monetary policy decision.
NEW DELHI: The Asian Development Bank (ADB) on Tuesday projected India’s growth at 6.5 per cent for 2025 (FY26) and 2026 (FY27), as it trimmed its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the emergence of a new global trade environment shaped by tariffs and updated trade agreements.
MUMBAI: The Indian stock market ended the session on a flat note on Monday. The domestic benchmark indices traded range-bound during the session amid a mixed approach by the investors ahead of the upcoming RBI monetary policy outcome.
NEW DELHI: India is in discussions with the US, the EU, New Zealand, Oman, Peru and Chile for free trade agreements (FTAs), while Qatar and Bahrain have also expressed interest, Commerce Minister Piyush Goyal said on Monday.
NEW DELHI: The Union government on Monday appointed Shirish Chandra Murmu as a Deputy Governor of the Reserve Bank of India for a tenure of three years.
AGARTALA: Tripura is supplying 44-45 MW of electricity to Bangladesh during the five-day Durga Puja festivities, as per a previous agreement, to help the neighbouring country maintain an uninterrupted power supply, the state’s Power Minister Ratan Lal Nath said on Monday.
NEW DELHI: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its upcoming Monetary Policy Committee (MPC) meeting, a new report said on Monday.
JAMMU: Jammu and Kashmir’s (J&K) Kishtwar district has been selected as the aspirational agricultural district under the Prime Minister’s Dhan Dhaanya Krishi Yojana (PMDDKY) programme, Union MoS (PMO), Dr. Jitendra Singh said on Monday.
NEW DELHI: The ‘World Food India 2025’ has reaffirmed India’s emergence as a global hub for food processing, innovation, and sustainable practices, the government said on Monday.
MUMBAI: The Indian equity indices opened higher on Monday with a rise in heavyweight stocks, as the key RBI MPC meeting began to decide on the repo rate.
MUMBAI: The three-day Reserve Bank of India’s Monetary Policy Committee (MPC) meeting, starting Monday, is widely expected to hold its key policy rate at 5.50 per cent.
There’s this odd little game people can’t stop messing around with - Chicken Road Me official website. It’s simple on the surface: you guide a chicken across an endless stream of roads, rivers, tracks, sometimes random obstacles that feel like they were placed there just to annoy you. And yet, once you start, ten minutes turns into an hour because “just one more try” never actually means one more.
NEW DELHI: The Mumbai-Ahmedabad bullet train will be operational by 2029, and the 50-km stretch of India’s first high-speed rail corridor between Surat and Bilimora in Gujarat is expected to open by 2027, Union Railways Minister Ashwini Vaishnaw said on Saturday.
NEW DELHI: Building on India’s growth aspirations and its success in navigating times of exceptional uncertainty, Finance Minister Nirmala Sitharaman is slated to inaugurate the fourth edition of the Kautilya Economic Conclave (KEC 2025) in the national capital on October 3, an official statement said on Saturday.
NEW DELHI: The recently approved Integrated State and City Logistics Plan will help achieve India's sustainability goals through the adoption of low- and zero-emission vehicles and the establishment of low-emission freight zones, reports have said.
NEW DELHI: Prime Minister Narendra Modi on Saturday said that BSNL’s 4G stack embodies the swadeshi spirit, as he prepared to inaugurate India’s fully indigenous 4G stack and more than 97,500 BSNL towers from Jharsuguda, Odisha.
NEW DELHI: US President Donald Trump urged Microsoft Corp. to dismiss its Head of Global Affairs Lisa Monaco, labelling her as “corrupt,” “deranged,” and "a menace to US national security".
MUMBAI: The Indian equity benchmarks ended this week with the steepest weekly decline in six months, as well as registering a sixth consecutive session of decline -- amid concerns over H-1B visa fee hike and US pharma tariffs.
MUMBAI: A well-developed financial system will be crucial as India embarks on its journey towards Viksit Bharat at 2047, SBI Chairman CS Setty has said.