Economy Archives - Page 19 of 257

Economy

September 3, 2025 6:05 PM

GST Council meet: States to remain net gainers despite rate rejig, say experts

While some states raised concerns over possible revenue loss at the 56th meeting of the GST Council on Wednesday, fresh estimates suggest that states will remain net gainers under the GST framework, even after a potential rationalisation of tax rates...

September 3, 2025 4:32 PM

Sensex, Nifty gain as GST Council meet lifts investor sentiment

Indian equity indices ended higher on Wednesday as the two-day GST Council meeting began, lifting investor sentiment on expectations of tax rationalisation. The Sensex closed at 80,567.71, up 409.83 points or 0.51 per cent, after opening at 80,295.9...

September 3, 2025 11:03 AM

FM Sitharaman to chair two-day GST council meet in Delhi from today

The 56th meeting of the Goods and Services Tax (GST) Council will begin on Wednesday in New Delhi to review proposed reductions on more than 150 items. The two-day meeting will be chaired by Finance Minister Nirmala Sitharaman and attended by finance...

September 2, 2025 7:45 PM

Tariffs cause ‘unprecedented’ disruption to global trade rules, WTO chief says

The share of global trade done on WTO terms has fallen to 72% and could fall further, amid the biggest disruption to the international trading system in the past 80 years, the Director-General of the World Trade Organization said on Tuesday. Since U...

September 2, 2025 6:56 PM

UK borrowing costs hit highest since 1998, pound slides on fiscal worries

Britain's 30-year borrowing costs rose to their highest levels since 1998 and sterling slid over 1.5% on Tuesday, highlighting growing investor anxiety about the UK's ability to keep its finances under control. The selloff in British bonds, known as...

September 2, 2025 7:24 PM

Iran Oil Exports Hit Record High Despite Sanctions and Conflict

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 totaling 465 measures, including the toughest oil-related restrictions since 2018. According to the Iranian ...

September 2, 2025 4:16 PM

Stock market ends volatile session slightly lower ahead of GST Council meet

Indian equity markets closed lower on Tuesday after a volatile session. Early optimism from strong GST data and the SCO summit lifted indices in morning trade, but profit booking and caution ahead of the GST Council meeting and F&O expiry weighed...

September 2, 2025 3:26 PM

Banking sector crucial to India’s growth story: President Murmu

President Droupadi Murmu on Tuesday highlighted the pivotal role of the banking industry in India’s economic growth while addressing the 120th foundation day celebrations of City Union Bank in Chennai, Tamil Nadu. Speaking at the event, the Presid...

September 2, 2025 12:51 PM

SEMICON India 2025: Building the next semiconductor powerhouse, chip by chip

Prime Minister Narendra Modi today inaugurated SEMICON India in New Delhi, marking the beginning of a landmark three-day event that aims to catalyse India's semiconductor ecosystem via strategic collaborations and global partnerships. He will also pa...

September 2, 2025 10:39 AM

Nifty, Sensex open higher on strong economic cues; tariff concerns linger

India’s benchmark indices opened higher on Tuesday, buoyed by robust economic data that lifted investor sentiment, though tariff-related concerns weighed on the outlook . The Nifty 50 rose 40.15 points, or 0.16 percent, to 24,665.15, while the Sen...

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