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Searched Tag: economy news
In the international markets, spot gold rose by USD 21.40, or 0.57 per cent, to USD 3,757.54 per ounce

Silver rallies ₹1,000 to hit record high of ₹1.40 lakh/kg

September 25, 2025, 08:20 PM - 2 min read

Tracking strong global cues, silver prices touched an all-time high of ₹1.40 lakh per kilogram in New Delhi on Thursday, as per All India Sarafa Association

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The circular debt is described as that owed by the government to the independent power producer (IPPs), which produce electricity and sell it to the government for onward transmission to the public and industry

Debt-hit Pak signs ₹1.2-tn finance deal with banks

September 25, 2025, 05:50 PM - 3 min read

In what is being described as the largest restructuring deal, Pakistan has signed a finance deal worth ₹1.2 trillion with a consortium of 18 banks to ease of some of its burgeoning power sector debt

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The second layer in the three-tier appeal structure of the GST Act, it requires the bench to comprise one judicial member and two technical members from the tax departments, with appointments controlled by the government

Appellate Tribunal from Oct to ease GST litigation burden

September 25, 2025, 04:20 PM - 3 min read

The GST Appellate Tribunal (GSTAT) had remained non-operational for eight years due to legal challenges over appointments and centre-state differences

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While pre-bookings for the model start next month from October 6, only 100 units would be imported in 2025

Skoda Octavia to return to Indian markets this Nov

September 25, 2025, 03:01 PM - 2 min read

The Czech automaker’s comeback with Octavia, two years after it was discontinued, will start with pre-bookings in October with only 100 units coming in in 2025

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Representatives of the Indian Exporters Federation (IREF) said the government’s decision to make registration of non-Basmati rice with APEDA will bring in greater transparency in the export policy

Mandatory registration of non-Basmati rice, a welcome move: IREF

September 25, 2025, 02:20 PM - 2 min read

Representatives of the Indian Exporters Federation (IREF) said the government’s decision to make registration of non-Basmati rice with APEDA will bring in greater transparency in the export policy

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At the August AGM, Reliance Industries director Isha Ambani said that RCPL was among the group's "growth engines" and aimed to achieve revenue of ₹1 lakh crore within five years with a global presence

Reliance inks ₹40K-cr MoU for food parks

September 25, 2025, 01:49 PM - 2 min read

As part of an MoU worth ₹40,000 crore signed with the Food Processing Industries Ministry, Reliance Consumer Products Ltd will establish integrated food manufacturing facilities across India to become India’s largest FMCG company

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Commodities market experts attributed the decline to profit-taking and Powell's warning that there was no "risk-free path" for monetary policy

Gold, silver futures decline from record peaks on profit booking

September 24, 2025, 04:56 PM - 3 min read

US Federal Reserve Chair, Jerome Powell’s speech on Tuesday about slower easing of interest rates caused jitters amongst investors, bringing down gold and silver rates from their record peaks as profit-booking increased

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OpenAI, currently valued at $500 billion, has also signed a contract with Oracle for being provided with cloud computing services against hundreds of billions of dollars

Nvidia to invest $100 bn in OpenAI

September 24, 2025, 01:17 PM - 3 min read

Nvidia’s commitment to invest in OpenAI is directed towards helping it build 10 gigawatts of data centre capacity, with Nvidia’s CEO Jensen Huang saying AI data centres cost about $50 billion per gigawatt of capacity

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The Indian Consul General in Johannesburg, Mahesh Kumar, hosted the G20 Young Entrepreneurs Alliance recently

Indian businesses eyeing mining opportunities in S Africa

September 24, 2025, 12:29 PM - 4 min read

Indian businesses may have a larger role to play in scripting South Africa’s success story as its government seeks to use Indian infrastructure and skills to empower its youth

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Besides, trends in global equity markets and macroeconomic data would also be tracked by investors who continue to keep an eye on the performance of US markets in the aftermath of the Federal Reserve’s rate cut

H-1B visa fee hike, trade talks and GST cut to influence markets

September 21, 2025, 07:43 PM - 4 min read

With major political and economic events winding up in the week ending September 19, and the big GST rate rationalisation all set to be implemented from September 22, stock markets will be driven by a mostly buoyant investor sentiment

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The market capitalisation (mcap) of Reliance Industries zoomed ₹17,389.23 crore to ₹19,04,898.51 crore and that of TCS surged by ₹12,952.75 crore to ₹11,46,879.47 crore

Mcap of seven of top-10 most-valued firms jumps by ₹1.18 lakh-cr

September 21, 2025, 06:18 PM - 2 min read

SBI and Airtel led the jump in market valuation this week as seven of the top-10 most-valued firms saw a surge in their market capitalisation

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In trade parlance, every product is categorised under an HSN (Harmonised System of Nomenclature) Code to help in the systematic classification of goods across the globe

Govt assigns HSN codes to ministries to classify goods globally

September 21, 2025, 04:33 PM - 2 min read

A guidebook mapping 12,167 HSN codes for 31 ministries and departments has been prepared by the government to classify all their products and assist in ease of doing business

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