Tuesday, July 01, 2025

Business

India’s GST collection hits record Rs 22.08 lakh crore in FY25, rises 9.4 pc

NEW DELHI: India’s Goods and Services Tax (GST) collection for the financial year 2024–25 touched a record high of Rs 22.08 lakh crore, marking a 9.4 per cent increase compared with the previous year, the government announced on Monday.

1st phase of India’s Deep Ocean Mission on track for sea trials in early 2026: Minister

NEW DELHI: Union Minister Dr Jitendra Singh on Monday said the first phase of India’s Deep Ocean Mission is on track for sea trials in early 2026.

IDBI Bank shares gain as govt nears final stages of stake sale process

MUMBAI: Shares of IDBI Bank rose by 4 per cent to Rs 105 apiece on Monday after reports suggested that the government is preparing to invite financial bids for the lender.

IndusInd Bank likely to submit CEO shortlist to RBI amid leadership overhaul

NEW DELHI: IndusInd Bank’s board is likely to unveil its shortlist for the next chief executive officer (CEO) on Monday, a key development as the lender looks to bounce back from months of disruption triggered by a derivatives trading fiasco and subsequent leadership crisis.

India poised to emerge as centre of gravity in new world economic order: Anand Mahindra

MUMBAI: The USA’s shift toward de-globalisation may ironically lead to a new avatar of globalisation that is multi-polar, regional, and driven by domestic imperatives for which India is well-positioned to emerge as one of the new centres of gravity, industrialist Anand Mahindra has said.

India will continue to be fastest growing economy, even perform better: FM Sitharaman

NEW DELHI: India will continue to be the fastest-growing economy at the current rate of growth — or even better — and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala Sitharaman said on Monday.

Adani Green surpasses 15,000 MW of RE capacity to drive India's green resurgence

AHMEDABAD: Adani Green Energy Limited (AGEL) on Monday said it has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW.

Indian stock market opens flat, Sensex above 84,000

MUMBAI: The Indian benchmark indices opened flat on Monday amid positive global cues, as buying was seen in the PSU bank and IT sectors in the early trade.

Gold, silver prices fall sharply this week; global trends, geopolitical easing behind dip

NEW DELHI: There’s good news for gold and silver buyers as prices of both precious metals saw a decline this week, bringing gold back below Rs 96,000 per 10 grams and silver under Rs 1.06 lakh per kilogram.

Modi govt brought sea change in oil and gas sector in 11 years: Hardeep Puri

NEW DELHI: Union Petroleum Minister Hardeep Singh Puri on Saturday said the Modi government has brought a sea change in the country's oil and gas sector in the last 11 years.

Rare earths crisis: India taking concrete steps to mitigate possible disruptions

NEW DELHI: As recent export restrictions imposed by China on key rare earth materials disrupt global supply chains, India has been taking a series of steps on the domestic front to mitigate possible disruptions, according to Finance Ministry.

Air India SATS sacks 4 senior officials amid public outrage over party video

NEW DELHI: Air India SATS (AISATS) has sacked four senior officials after a video of an office party in Gurugram went viral, triggering widespread shock and outrage over the callous attitude of the staffers as the nation mourns the death of 270 people in the tragic Ahmedabad plane crash.

India's listed corporates clock acceleration in sales growth for 2024-25

MUMBAI: India's listed private sector non-financial companies recorded a stronger growth momentum in sales at 7.2 per cent during the financial year 2024-25 compared to 4.7 per cent in the previous year, according to the latest data released by the RBI.

Indian stock markets stage sharp rebound this week, FII buying returns

MUMBAI: The Indian stock markets finally ended their five-week-long consolidation phase, driven by improving global sentiment, easing geopolitical concerns, and noticeable buying by foreign institutional investors (FIIs) in the latter part of the week, analysts said on Saturday.

US to send out tariff rate letters to countries starting next week

WASHINGTON: US President Donald Trump has said his administration will send letters to countries "over the next week and a half or so" to tell them about their tariff rates, while noting that his pause on "reciprocal" tariffs could be extended or shortened.

‘Statistics Day' to celebrate 75 years of National Sample Survey

NEW DELHI: The Ministry of Statistics and Programme Implementation (MoSPI) on Saturday said it will celebrate the 19th ‘Statistics Day’ in the national capital on June 29.

Is Yolo247 Live Casino Worth Trying? A Player's Perspective

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Online Betting in India: Best Hi-Lo Game Download Options

The way players have been online betting in India has undergone a major shift with digital platforms replacing conventional betting houses. Hi-Lo card games emerged as a favorite among players who appreciate quick rounds and solid winning opportunities that don't require complex strategies, especially with various betting apps.

10 Essential Tattoo Removal Tips for a Smooth Process

Are you having second thoughts about a tattoo and considering removal? The process can seem daunting, but with the right preparation and care, you can achieve the best results. In this article, we'll share 10 essential tips to help you navigate the tattoo removal process smoothly, whether you're seeking trusted tattoo removal in the Bay Area or beyond.

Indian PSUs turn wealth creators, add Rs 57 lakh crore in market cap in just 5 years

NEW DELHI: The market capitalisation of the Indian public sector units (PSUs) surged from Rs 12 lakh crore in March 2020 to Rs 69 lakh crore in June 2025 — adding Rs 57 lakh crore in just five financial years, a report revealed on Thursday.

Foxconn bets big on India as global tech giants diversify supply chains

NEW DELHI: As Taiwanese giant Hon Hai Precision Industry Co Ltd (better known as Foxconn) gets its government’s regulatory nod for $2.2 billion investment in India and the US, the New Delhi's position on the global manufacturing map has become more visible, with tech giants aiming to diversify their supply chains and slowly moving away from China.

India's burgeoning online commerce sector has witnessed an extraordinary expansion in recent years.

BENGALURU: Starting from a base of $30 billion in 2020, India’s online commerce sector is expected to get to $300 billion by the end of the decade in 2030, contributing to a $1 trillion digital opportunity in the country, according to a report released on Thursday.

Indian stock market opens higher, all eyes on US reciprocal tariff deadline

MUMBAI: The domestic benchmark indices opened higher on Thursday amid mixed global cues, as buying was seen in the metal, auto and financial service sectors in the early trade.

Aim to expand FASTag ecosystem with fintechs: Nitin Gadkari

NEW DELHI: The FASTag ecosystem has immense potential, not just for tolling, but as a foundation for seamless digital travel experiences across the country, said Nitin Gadkari, Union Minister for Road Transport and Highways.

Strategies to Improve Your Winning Chances in Live Roulette Games

If you’re a fan of the spinning wheel and the thrill of real-time action, live Roulette games are probably already on your radar. With online portals like Live Casino India offering a dedicated space for Indian players—complete with up-to-date info on local payment options and INR support—it’s never been easier to dive into the world of live casino gaming. But while live Roulette is a game of chance at its core, some practical strategies and tips can help you play smarter and potentially boost your winning chances.

9 non-agri indicators show improvement in April-May; summer crops output healthy

NEW DELHI: Economic activity has displayed a mixed trend in the first two months this fiscal, with nine non-agri indicators showing an improvement over Q4 FY25, as the output of summer crops is estimated to grow at a healthy pace, a report showed on Wednesday.

PLI scheme: Piyush Goyal calls for export competitiveness in key sectors

NEW DELHI: India must focus on the sectors in which it has competitive edge over other countries, and address the problems faced by the various stakeholders so that country’s exports can grow further, Commerce Minister Piyush Goyal said on Wednesday.

Mobile exports show robust growth in FY26, reach $5.5 billion in April-May: Minister

NEW DELHI: Union Railways and Electronics and IT Minister Ashwini Vaishnaw on Wednesday said mobile exports from India witnessed a flying start to this fiscal, with the month of May clocking more than $3.09 billion in mobile exports from the country.

Adani Total Gas partners Jio-bp to enhance quality fuel supply to consumers

AHMEDABAD: Adani Total Gas Ltd (ATGL) and Jio-bp (operating brand of Reliance BP Mobility) on Wednesday announced a key collaboration to redefine the auto fuel retail experience for the consumers in the country.

RBI extends trading hours for call money and repo markets from July 1

NEW DELHI: The Reserve Bank of India (RBI) on Wednesday announced that it will extend the trading hours for the call money market, market repo, and Tri-Party Repo (TREP), starting July 1.

Stock market trades higher as geopolitical tensions ease, Sensex up over 400 points

MUMBAI: The Indian benchmark indices opened over 400 points up on Wednesday amid positive global cues, as buying was seen in the IT, auto and pharma sectors in the early trade.

India on track to become $5 trillion economy in next 3 years: Piyush Goyal

NEW DELHI: India is well on track to achieve a $5 trillion economy and the expectation is to reach this milestone within the next three years, Commerce and Industry Minister Piyush Goyal has stressed.

PIL in SC seeks suspension of operation of Air India's Boeing aircraft

NEW DELHI: A public interest litigation (PIL) has been filed before the Supreme Court seeking suspension of the operations of Air India's Boeing aircraft, pending a safety audit in view of the recent Ahmedabad crash and reported maintenance backlogs.

Sensex, Nifty end higher despite Iran-Israel truce tensions

MUMBAI: The Indian stock markets ended Tuesday on a positive note, even though benchmark indices gave up most of their early gains due to fresh geopolitical concerns.

India moves towards deeper nationwide Wi-Fi coverage: Jyotiraditya Scindia

NEW DELHI: India is moving towards a future where Wi-Fi is accessible in every corner of the country, Union Communications Minister Jyotiraditya Scindia said on Tuesday.

Sensex surges over 1,000 points as investors cheer easing of tensions in Middle East

MUMBAI: The Indian stock market witnessed a sharp surge on Tuesday, with the Sensex soaring more than 1,000 points in early trade, while the Nifty reclaimed the 25,250 mark.

Peace is never free, it is earned: Gautam Adani hails 'Operation Sindoor'

AHMEDABAD: Gautam Adani, the Chairman of the Adani Group, on Tuesday hailed the Indian Armed Forces for successfully performing 'Operation Sindoor', saying their courage reminded us that peace is never free and is rather earned.

Adani Airports secures $1 billion from global investors for Mumbai International Airport

MUMBAI: Adani Airports Holdings Limited (AAHL) on Tuesday said it has successfully secured $1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL).

Indian stock market opens higher as geopolitical tensions ease

MUMBAI: The Indian benchmark indices opened in green on Tuesday amid positive global cues, as geopolitical tensions eased after Iran–Israel ceasefire announced by US President Donald Trump.

'Stitch slippers' row at IndiGo: Airline refutes ‘baseless’ claims

NEW DELHI: After a controversy erupted over claims by a trainee pilot of alleged caste-based discrimination and verbal abuse, low-cost carrier IndiGo on Monday denied such allegations.

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