Business

• India in Dialogue with US for Bilateral Trade Deal: Piyush Goyal
  
  As US President Donald Trump and his team continue to target India over purchasing Russian energy, Union Commerce and Trade Minister Piyush Goyal on Tuesday said New Delhi is negotiating with Washington to formulate an interim bilateral trade deal.Speaking at an industry...
• Coal Production from Commercial Mines Jumps 11.9 PC in April-Aug
  
  Coal production from India's captive and commercial mines during April to August of the financial year 2025-26 has recorded a robust 11.88 per cent growth over the same period of the previous year, while dispatches of coal from mines have risen by 9.12 per cent during these...
• India Gets First Fully Indigenous 32-bit Chip 'Vikram' Built by ISRO Lab
  
  In a significant feat for the country to become a global semiconductor hub, Union Minister for Electronics and IT Ashwini Vaishnaw on Tuesday presented the first made-in-India processor, along with test chips from four approved projects, to Prime Minister Narendra Modi...
• States to Get RS 10 Lakh Crore in SGST, RS 4.1 Lakh Crore via Devolution Despite Rate Rejig
  
  States will remain net gainers from GST collections in FY26 even under the proposed rate rationalisation - and are expected to receive at least Rs 10 lakh crore in SGST plus Rs 4.1 lakh crore through devolution, an SBI Research report said on Tuesday.This is because of the...
• PM Modi to Inaugurate Bihar's Jeevika Nidhi Cooperative Federation Today
  
  Prime Minister Narendra Modi will inaugurate the Bihar Rajya Jeevika Nidhi Saakh Sahkari Sangh Limited on Tuesday at 12:30 p.m. via video conferencing.As part of the formal launch, he will also transfer Rs 105 crore directly into the institution's bank account, giving the...
• Gold, Silver ETFs Rally on US Fed Rate Cut Expectations, Festive Demand
  
  Gold and silver prices have reached record high driven by investors' anticipation of a US Federal Reserve rate cut, festive demand and a declining dollar, analysts said on Tuesday.In India, the price of 24-carat gold per gram ended at Rs 10,499 on Monday, according to data...
• Semicon India: India a beacon of stability amid global uncertainty, says Ashwini Vaishnaw
  
  Union Electronics and IT Minister Ashwini Vaishnaw on Tuesday said that India is emerging as a "lighthouse of stability and growth" at a time when the world is facing global policy turmoil and uncertainty.Speaking at the inauguration of 'Semicon India 2025' at Yashobhoomi...
• Sensex, Nifty open marginally higher ahead of key GST meet
  
  The Indian benchmark indices opened marginally higher on Tuesday as investors are keen on the two-day GST Council meeting this week, where a major rate overhaul is expected.As of 9.26 am, the Sensex inched up 90 points or 0.11 per cent to 80,454, while the Nifty 50 moved 15...
• Consumer Inflation to Rise Back to around 2 PC in Sep: BOK
  
  Consumer inflation is projected to rebound to around 2 per cent in September as the temporary factors behind last month's slowdown dissipate, the central bank here said on Tuesday.Bank of Korea (BOK) Deputy Governor Kim Woong made the assessment during a meeting to review...
• South Korean Battery Makers' Global Market Share Declines
  
  South Korean battery makers saw their combined global market share decline from a year earlier in the January-July period despite overall growth in global electric vehicle (EV) battery usage, data showed on Tuesday.The combined market share of South Korea's top three...
• India's Top 10 Listed Developers May Achieve Booking Target of RS 1.49 Lakh Crore in FY26: Report
  
  India's top 10 listed developers have achieved nearly 30 per cent, or Rs 44,317 crore, of their total booking (pre-sales guidance) targets of Rs 1,49,108 crore in FY 2026 in the first quarter of the fiscal, a report said on Monday."They are on track to achieve their booking...
• India's Luggage Industry to Grow 5-7 PC in FY26, New-age Firms to Capture 25 PC Market
  
  India's Rs 18,000-crore luggage industry is projected to grow 5-7 per cent in FY26, an increase from a 3 per cent CAGR over the past three years, a report said on Monday.The robust growth is owed to rising leisure and corporate travel and increased demand for hard luggage,...
• Semiconductor Product Design Leadership Forum to Boost Innovation Launched in India
  
  In a bid to position India as a global leader in chip design, intellectual property (IP) creation and high-value innovation, a Semiconductor Product Design Leadership Forum was launched here on Monday.Launched by the Indian Cellular and Electronics Association (ICEA), it...
• Ola Electric's August Sales Drop 31 PC On-year: Data
  
  Ola Electric's yearly sales fell sharply by over 31 per cent in August compared to the same month previous year, the government's VAHAN data showed on Monday.The company sold 18,972 units last month, down from 27,624 units in August 2024.However, on a monthly basis, Ola...
• Hardeep Puri Hits Back at Trump's 'dead Economy' Rhetoric
  
  Minister of Petroleum and Natural Gas Hardeep Singh Puri has, in a rebuttal to US President Donald Trump's rhetorical "dead economy" anti-India remark, highlighted the country's economic growth -- rated as the fastest among the world's major economies."The test of a great...
• Online Gaming Act to Come into Force Soon: IT Secretary
  
  The Promotion and Regulation of Online Gaming Act, 2025, which was passed by the Parliament and has got the President's assent, will be notified soon, Electronics and IT Secretary S. Krishnan said on Monday.Talking to the media at an ICEA event on semiconductors here, the...
• Morgan Stanley Ups India's GDP Growth Forecast, Expects Cut in GST to Spur Demand
  
  Morgan Stanley has raised its forecast for India's GDP growth in 2025-26 on the back of the robust 7.8 per cent growth in the April-June quarter and expects the forthcoming cuts in GST to spur domestic demand, which would offset the decline in exports due to the US tariff...
• TN Warns of $3.9 Billion Export Loss from US Tariffs, Seeks Centre's Urgent Action
  
  Tamil Nadu has raised fresh concerns over the steep 50 per cent tariff imposed by the US on imports, warning that the state could lose as much as $3.93 billion (Rs 34,642 crore) in 2025-26.Guidance Tamil Nadu, the state's investment promotion agency, has estimated that the...
• India's Growth to Remain Healthy in FY26 amid Robust Domestic Consumption, Govt Spending
  
  Despite downside risks owing to the US tariffs and slowing global economy, India's growth will remain healthy given expectations of robust domestic private consumption, along with supportive government spending, a report showed on Monday.In Crisil's view, private...
• India-Japan Ties: 170 MoUs Signed in 2 Years with over $13 Billion in Committed Investments
  
  As Prime Minister Narendra Modi's two-day Japan visit is set to begin, both nations have accelerated trade and economic ties, with over 170 MoUs signed in two years representing more than $13 billion in committed investments.PM Modi will travel to Japan from August 29-30 to...
• Over 56 CR Jan Dhan Accounts Opened in Last 11 Years; Total Deposit Balance RS. 2.68 Lakh CR
  
  More than 56 crore bank accounts have been opened under the flagship financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), in the last 11 years, with total deposits amounting to Rs 2.68 lakh crore, the government said on Thursday.Over 67 per cent of the PMJDY...
• Sensex, Nifty Open Sharply Lower amid Tariffs Concerns, IT Stocks Lead Losses
  
  After remaining shut for a day on account of Ganesh Chaturthi, the domestic benchmark indices opened in the red on Thursday after the US imposed 50 per cent tariffs on Indian goods.The BSE Sensex dropped by 624 points, or 0.77 per cent, to touch 80,162 in the early trade....
• Trump Tariffs 'small Slice' of Indian Economy, Opportunity to Broaden Markets: Expert
  
  Richard Rossow, a leading expert on India-US economic ties and the Chair of India and Emerging Asia Economics at the Centre for Strategic and International Studies (CSIS), has said that Washington's punitive measures would not have a considerable impact on India's growth...
• GST Reforms May Offset Tariff Impact, India Remains Fastest-growing Economy: Fitch Solutions' BMI
  
  The upcoming Goods and Services Tax (GST) reforms, which aim to cut rates and boost private consumption, could offset the US tariff impact, BMI, a Fitch Solutions company, said on Thursday, adding that India is likely to remain one of the fastest-growing emerging market...
• Govt Extends Import Duty Exemption on Cotton Till Dec 31
  
  The government on Thursday said it has temporarily exempted the import duty on cotton till December 31, 2025.The decision has been taken to augment availability of cotton for the Indian textile sector. The Central Government had earlier temporarily exempted the import duty...

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