Economy Archives - Page 150 of 379

Economy

August 12, 2025 10:08 AM

US consumer prices likely increased marginally in July; data quality concerns rising

U.S. consumer prices likely increased moderately in July, though rising costs for goods like household furniture and apparel because of import tariffs probably resulted in a measure of underlying inflation posting its largest gain in six mont...

August 12, 2025 8:45 AM

US, China extend tariff truce by 90 days, staving off surge in duties

The United States and China on Monday extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as U.S. retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season. U.S. Presid...

August 11, 2025 9:30 PM

UPI transactions surge 114% in eight years, digital payments jump 41%: minister

Unified Payments Interface (UPI) transactions in India have skyrocketed from 92 crore in fiscal year (FY) 2017-18 to 18,587 crore in FY 2024-25, marking a compound annual growth rate (CAGR) of 114 percent, the Parliament was informed on Monday. The ...

August 11, 2025 6:52 PM

Paramount secures UFC rights in the US in $7.7 billion deal

Skydance-owned Paramount will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year rights deal with TKO Group Holdings, starting in 2026, that is valued at around $7.7 billion, the companies said on Monday. Paramount s...

August 11, 2025 5:28 PM

Lok Sabha passes income tax and taxation laws amendment bills amid opposition protests

In a brief but consequential sitting on Monday, the Lok Sabha passed two major financial legislations - the Income-Tax Bill, 2025 and the Taxation Laws (Amendment) Bill, 2025 - amid loud protests by opposition members over the Special Intensive Revis...

August 11, 2025 4:11 PM

SIPs touch all-time high, equity fund inflows surge to ₹42,702 crore in July

Systematic Investment Plan (SIP) contributions touched an all-time high of ₹28,464 crore in July, according to data released by the Association of Mutual Funds in India (AMFI) on Monday. This marks the second consecutive month of record inflows, fo...

August 11, 2025 4:20 PM

Indian stock market soars amid FII return; Sensex surges 746 points

The Indian equity market closed with gains of around 1 per cent on Monday, rebounding from the previous session’s correction as foreign institutional investors (FIIs) returned to buying. Positive Q1 earnings from PSU banks and strong participation ...

August 11, 2025 3:14 PM

FM Sitharaman tables revised Income Tax Bill in Parliament to enhance fairness, clarity

Union Finance Minister Nirmala Sitharaman on Monday introduced a revised version of the Income Tax Bill, 2025 in the Lok Sabha, incorporating most of the recommendations made by the Parliamentary Select Committee headed by BJP leader Baijayant Panda....

August 11, 2025 11:34 AM

Sensex, Nifty inch higher; PSU bank stocks lead gains

Indian benchmark indices began the week higher on Monday, led by gains in the PSU bank stocks. The BSE Sensex advanced 122 points or 0.15 per cent to 79,980 while the Nifty 50 inched up to 24,405, up 42 points or 0.17 per cent. The Nifty Bank rose 0....

August 9, 2025 3:14 PM

India’s defence production hits record ₹1,50,590 crore, private sector share rises

India’s annual defence production has reached an all-time high of ₹1,50,590 crore in the financial year 2024-25, marking a jump of over 18% from last year’s ₹1.27 lakh crore and a massive 90% rise since FY 2019-20, when the figure stood at �...

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