The Times of India - Business (9 minutes ago)
Apollo Tyres has announced a reduction in tyre prices, passing on the benefits of the recent GST rate cut to customers. Prices will decrease by Rs 300 to Rs 2,000, depending on the product. Passenger car tyres will become cheaper by Rs 300 to Rs 1,500, while truck and bus radial tyres will see a reduction of about Rs 2,000.
ReadThe Times of India - Business (9 minutes ago)
Commerce Minister Piyush Goyal expressed confidence in resolving trade issues with the US, citing the strong friendship between Prime Minister Modi and President Trump. Recent talks between Indian and US trade negotiators have been positive, aiming for a mutually beneficial agreement.
ReadThe Times of India - Business (An hour ago)
The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. Canada's GDP shrank significantly in the second quarter of 2025, with exports plummeting due to fading advance orders.
ReadThe Times of India - Business (2 hours ago)
Wall Street showed mixed performance as investors awaited the Federal Reserve's anticipated interest rate cut announcement. The S&P 500 hovered near record highs, while the Dow Jones Industrial Average saw gains. Workday surged following Elliott Investment Management's stake acquisition, while General Mills declined despite strong profits due to...
ReadThe Times of India - Business (2 hours ago)
Union Commerce Minister Piyush Goyal anticipates a 6% rise in India's exports this year, highlighting the nation's strong trade performance and ongoing FTA talks with various countries. He emphasized India's growing economy and improving domestic conditions, citing the lowest unemployment rate at 5.1%.
ReadThe Times of India - Business (3 hours ago)
Hyundai Motor India and its employee union in Chennai have reached a three-year wage agreement, effective from April 2024 to March 2027. The deal includes a monthly salary increase of Rs 31,000, distributed over the three years, along with enhanced health coverage and wellness programs.
ReadThe Times of India - Business (3 hours ago)
S&P Global India Research indicates that despite global economic challenges, India's long-term economic prospects remain robust, fueled by reforms and infrastructure development. The nation is projected to maintain a 6.5% GDP growth in fiscal 2025-26, driven by domestic strengths and increasing global trade participation. India is also poised for...
ReadThe Hindu - Business (3 hours ago)
Seeking supplementary grants under Article 275 of the Constitution, Kerala asks 16th Finance Commission to 'reassess' State finances and resource needs for next five years when finalising its recommendations on vertical devolution and revenue deficit grants
ReadThe Times of India - Business (5 hours ago)
Despite facing pressures from US tariffs and global uncertainties, India's current account deficit is projected to remain manageable at around 1% of GDP this fiscal year. This is attributed to resilient services exports, steady remittances, softer crude oil prices, and an improving trade balance. Encouragingly, merchandise exports grew in August,...
ReadThe Times of India - Business (5 hours ago)
Ben & Jerry's co-founder Jerry Greenfield has resigned after 47 years, citing eroded independence under Unilever, particularly regarding the brand's stance on Gaza. Greenfield expressed disappointment that Ben & Jerry's values of peace and justice were being sidelined.
ReadThe Times of India - Business (6 hours ago)
Stock market today: The NSE Nifty increased by 91.15 points or 0.36 per cent to reach 25,330.25. The BSE Sensex gained 313.02 points or 0.38 per cent, closing at 82,693.71, after reaching an intraday high of 82,741.95, up by 361.26 points or 0.43 per cent.
ReadThe Times of India - Business (6 hours ago)
State Bank of India has divested approximately 13.18% of its stake in Yes Bank Limited to Sumitomo Mitsui Banking Corporation, a prominent Japanese bank. This transaction marks a significant cross-border investment in India's banking sector. SBI remains a key shareholder with around 10.8% stake, continuing its support since the 2020 restructuring.
ReadThe Times of India - Business (6 hours ago)
The Securities and Exchange Board of India (Sebi) has leased a luxurious five-bedroom apartment in Mumbai's Prabhadevi for its chairman, Tuhin Kanta Pandey, at a monthly rent of Rs 7 lakh. The three-year lease includes a 3,000 sq. ft. apartment with four car parks and a 5% annual rent escalation, aligning with Sebi's policy for leased...
ReadThe Times of India - Business (7 hours ago)
Despite US tariffs in 2025, Indian stock markets achieved positive returns, bolstered by strong domestic fundamentals and GST reforms. Bank of Baroda's Sonal Badhan noted that markets have factored in tariff uncertainties. While global markets initially suffered, India, along with Hong Kong, Brazil, and China, showed resilience.
ReadThe Times of India - Business (7 hours ago)
Nestle's shares experienced a dip following the unexpected early departure of Chairman Paul Bulcke, adding to recent leadership turmoil. This exit, months ahead of schedule, follows the dismissal of CEO Laurent Freixe due to misconduct. Investors link Bulcke's departure to the company's recent instability, hoping for a return to stability under new...
ReadThe Times of India - Business (8 hours ago)
Finance Minister Nirmala Sitharaman announced that GST rate cuts, effective September 22, are expected to inject Rs 2 lakh crore into the economy. Post-reform, most items have shifted to lower tax brackets. Companies are reportedly reducing rates, passing benefits to consumers.
ReadThe Times of India - Business (8 hours ago)
The government is developing a comprehensive electronic land records database with cadastral maps to establish clear ownership in rural and urban areas. This initiative aims to enhance real-time access, improve land utilisation, reduce disputes, and ensure transparency. Progress is underway, with rural areas leading in digitization, while urban...
ReadThe Times of India - Business (8 hours ago)
India's exports to the US have been declining for three consecutive months, with August experiencing a significant 16.3% drop due to increased tariffs imposed by the US. The impact is uneven, heavily affecting sectors like apparel and gems, potentially leading to substantial export losses and job cuts.
ReadThe Times of India - Business (10 hours ago)
Gold price prediction today: Gold prices are poised to react to the US Federal Reserve policy this week. The US Fed may announce its monetary policy on September 17. A rate cut is widely expected. A hawkish cut could trigger profit booking.
ReadThe Times of India - Business (11 hours ago)
Urban Company's IPO made a stellar debut on Dalal Street, listing at a significant premium and surging further, reflecting strong investor confidence. The Rs 1,900-crore IPO witnessed overwhelming subscription, exceeding 103 times, driven by QIBs, non-institutional, and retail investors. This successful listing underscores Urban Company's market...
ReadThe Times of India - Business (12 hours ago)
Stock market recommendations: According to Anand Rathi Shares and Stock Brokers, Godrej Properties and Panacea Biotech are promising buys. Godrej Properties, after a year-long correction, shows a double-bottom pattern near long-term support, targeting ₹2,250 within 3-6 months. Panacea Biotech is poised for a breakout above ₹438, potentially...
ReadThe Times of India - Business (12 hours ago)
Asian markets displayed mixed performance as investors anticipated the US Federal Reserve's potential interest rate cut. Japan's Nikkei 225 saw gains, despite a decline in exports to the US. Australia, South Korea, and China experienced dips, while Hong Kong's Hang Seng rose.
ReadThe Times of India - Business (21 hours ago)
ITR filing FY 2024-25 due date: The Income Tax Department does not seem to have extended the ITR filing deadline for Assessment Year 2025-26, meaning returns filed after September 16 will be considered belated. While the initial deadline was extended to September 16 due to portal issues, no further extensions have been granted despite ongoing user...
ReadThe Times of India - Business (22 hours ago)
Global investors are showing renewed interest in China's stock markets. They are focusing on AI, semiconductors, and biotech sectors. A US-China tariff pause and supportive policies are boosting confidence. Hedge funds are returning, seeking diversification. Despite economic concerns, China is seen as a standalone asset class. Allocators are...
ReadThe Times of India - Business (23 hours ago)
The Competition Commission of India (CCI) has approved JSW Paints' acquisition of a 74.76% stake in Akzo Nobel India for ₹12,915 crore. This deal will position JSW Paints as the fourth-largest player in the Indian paint industry. Additionally, CCI cleared Triumph Composites and Quartz Fibre's acquisition of Owens-Corning (India), covering...
ReadThe Times of India - Business (23 hours ago)
Starting September 22, insurers can't claim input tax credit (ITC) on GST paid for commissions on individual health and life policies, as clarified by CBIC. This aligns with the new GST structure exempting individual policy premiums. Service providers in other sectors with 5% GST without ITC will also face similar ITC reversal requirements,...
ReadThe Times of India - Business (23 hours ago)
Eternal, formerly Zomato, has surpassed Tata Motors and Titan in market capitalization, reaching Rs 3.13 lakh crore and entering the top 25 Nifty50 firms. Driven by Blinkit's strong revenue momentum, Eternal's stock has gained 72% from its 52-week low. While Q1 saw a profit decline, investor confidence remains high, propelling the stock's rise by...
ReadThe Times of India - Business (A day ago)
Jindal Steel International has made a non-binding offer to acquire Thyssenkrupp's struggling steel division, potentially reshaping the European steel market. Thyssenkrupp is carefully reviewing the proposal, considering implications for jobs, as it seeks to offload the steel business. Jindal aims to transform Thyssenkrupp into a leading...
ReadThe Times of India - Business (A day ago)
Amidst political scrutiny, the US Federal Reserve convened its latest policy meeting with newly appointed governor Stephen Miran, a former Trump advisor. Expected to deliver the first interest rate cut of 2025, the FOMC faces pressure to address a weakening job market despite persistent inflation.
ReadThe Times of India - Business (A day ago)
U.S. stocks hovered near record highs as investors awaited the Federal Reserve's anticipated interest rate cut. Strong retail sales data indicated continued consumer spending despite price pressures. Corporate earnings presented mixed results, while global markets showed modest movements amid geopolitical factors. Market attention is now focused on...
ReadThe Times of India - Business (A day ago)
US retail spending surpassed expectations in August, increasing by 0.6 percent, despite ongoing trade tensions and tariffs. Motor vehicle sales and restaurant revenues saw gains, while furniture and department stores experienced declines, indicating a potential shift in discretionary spending. Economists are concerned about the long-term impact of...
ReadThe Times of India - Business (A day ago)
India is aggressively pursuing critical minerals for its energy transition. The National Critical Mineral Mission is central to this effort. Khanij Bidesh India Limited is negotiating deals in Zambia and Chile. This follows lithium block acquisitions in Argentina. India has MoUs with Japan, Peru, Australia, and the UAE. Domestic reforms and...
ReadThe Times of India - Business (A day ago)
Morgan Stanley projects the RBI to cut policy rates by 25 bps each in October and December, potentially bringing the terminal rate to 5%. This easing cycle is driven by sustained disinflation, with CPI inflation expected to average 2.4% in FY26, significantly below the RBI's 4% target. Food price softness and easing input costs support this benign...
ReadThe Times of India - Business (A day ago)
Gold futures reached record highs as expectations of a US Federal Reserve rate cut and a weaker dollar fueled safe-haven buying. MCX October contracts hit Rs 1,10,563 per 10 grams, while December contracts climbed to Rs 1,11,655. Market participants await the Fed's policy meeting and monitor geopolitical tensions, influencing gold's upward...
ReadThe Times of India - Business (A day ago)
Stock market today: The NSE Nifty increased by 169.90 points or 0.68 per cent to 25,239.10. The BSE Sensex gained 594.95 points or 0.73 per cent, closing at 82,380.69, reaching an intraday high of 82,443.48 with a surge of 657.74 points or 0.80 per cent.
ReadThe Times of India - Business (A day ago)
Prime Minister Modi launched several railway projects in Bihar, including new trains and rail lines, via video conferencing. These initiatives aim to enhance regional connectivity, reduce travel time, and promote economic and social integration across the state. The projects include the Vande Bharat Express, Amrit Bharat Express trains, and the...
ReadThe Times of India - Business (A day ago)
IndiGo is launching flights to Copenhagen from Mumbai, starting October 8, marking its entry into the Scandinavian region. The airline will operate three weekly flights using Boeing 787-9 Dreamliners leased from Norse Atlantic Airways. This new route aims to enhance connectivity between India and Northern Europe, boosting trade, tourism, and...
ReadThe Times of India - Business (A day ago)
India-US trade negotiations face hurdles as Washington's additional tariffs on Indian goods, linked to Russian oil imports, impede progress. The Global Trade Research Initiative suggests a resolution is unlikely without Washington showing flexibility. While talks continue, India is urged to stand firm on agriculture and dairy, crucial for its...
ReadThe Times of India - Business (A day ago)
TikTok users in the US might avoid a ban as the Trump administration and China have reached a preliminary agreement regarding the platform's ownership. The plan involves transitioning TikTok to American ownership, with Oracle Corp. potentially being a buyer. Trump and Xi are scheduled to discuss and potentially finalize the agreement, addressing...
ReadThe Times of India - Business (A day ago)
ITR filing FY 2024-25 due day extension: Taxpayers are reportedly facing persistent technical issues on the Income Tax e-filing portal even after the Finance Ministry extended the ITR filing deadline to September 16, 2025. Despite scheduled maintenance, users reported problems with submission, late fee reflections, and portal functionality.
ReadThe Times of India - Business (A day ago)
The commerce ministry directs retailers to prominently display GST discounts. Consumers should see these reductions clearly on receipts as 'GST discount'. This applies especially to high-impact products. The new GST structure, effective from September 22, lowers tax slabs. Many products will become cheaper. The ministry also suggests monitoring...
ReadThe Times of India - Business (A day ago)
Lower-income individuals are increasingly opting for gold loans over microfinance due to rising gold prices and stricter MFI lending norms. Gold-backed loans have surged by 122%, while microfinance loans have dropped significantly. Lower interest rates on gold loans and a cultural affinity for gold are also driving this shift, making gold loans a...
ReadThe Times of India - Business (A day ago)
Vladimir Putin emphasized Russia's need for economic growth to surpass global rates, linking fiscal stability and project implementation to economic performance. He advocated leveraging domestic potential, international partnerships, and technological advancements. During the BRICS summit, discussions centered on trade, finance, and investment amid...
ReadThe Times of India - Business (A day ago)
Megha Engineering has secured a Rs 5,700 crore contract to build and manage India's first private strategic petroleum reserve in Padur, Karnataka. This 2.5 MMT facility will significantly boost India's energy security, supplementing the existing reserves.
ReadThe Times of India - Business (A day ago)
India and the US resumed trade talks, the first since the US imposed tariffs on New Delhi over Russian oil purchases. The meeting aims to establish a roadmap for addressing trade matters, focusing on issues like agricultural import duties and commodity procurement.
ReadThe Times of India - Business (A day ago)
Railway stocks surged on Monday, fueled by significant contract wins and government infrastructure spending. Ircon International and RailTel Corporation of India led the gains, followed by Rail Vikas Nigam and Jupiter Wagons. Market analysts predict further short-term gains, advising selective investment due to varying valuations across PSUs and...
ReadThe Times of India - Business (A day ago)
Amid a record surge in Income Tax Return (ITR) filings, the government extended the deadline for Assessment Year 2025-26 by a day, pushing it to September 16, 2025, as taxpayers reported portal access issues. Over 7.3 crore returns were filed by the original deadline.
ReadThe Times of India - Business (2 days ago)
US treasury secretary Scott Bessent stated that the Trump administration will hold off on new tariffs on Chinese goods related to Russian oil purchases, pending substantial tariff actions from European countries. Bessent emphasised the need for Europe to increase pressure on Moscow's oil revenues, suggesting significant tariffs on buyers of Russian...
ReadThe Times of India - Business (2 days ago)
Gold price prediction today: Gold prices are predicted to increase in the coming months, with analysts advising investors to capitalize on dips rather than pursue rallies. Spot gold reached a new record high of $3,685 following a disappointing QCEW report. The US Dollar Index declined ahead of the US Federal Reserve's monetary policy decision.
ReadThe Times of India - Business (2 days ago)
India's unemployment rate witnessed a decline for the second consecutive month, reaching 5.1% in August 2025, according to the Periodic Labour Force Survey. This decrease was broad-based, with improvements observed in rural and male categories. Simultaneously, the Worker Population Ratio and Labour Force Participation Rate for women showed positive...
ReadThe Times of India - Business (2 days ago)
Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta recommends buying Prestige, citing a breakout from a triangle pattern and positive momentum indicators, with a target of Rs 1720. GMR Airport is also a buy, according to Mehta, as it has broken out of a bullish consolidation pattern and is expected to reach Rs 97, supported by its...
ReadThe Times of India - Business (2 days ago)
India's commerce department is set to boost self-sufficiency by identifying around 100 products for domestic manufacturing, aiming to reduce reliance on imports. Commerce Secretary Sunil Barthwal highlighted the initiative, focusing on sectors like engineering, chemicals, and pharmaceuticals.
ReadThe Times of India - Business (2 days ago)
The Income Tax Department advises taxpayers facing e-filing portal access issues to address local browser or device settings. Simple steps like clearing cache, using supported browsers, and disabling extensions can resolve common problems.
ReadThe Times of India - Business (2 days ago)
ITR filing FY 2024-25: In a welcome move for taxpayers, the Income Tax Department has further extended the deadline for filing Income Tax Returns (ITR) for the Assessment Year 2025-26. Originally due on July 31, 2025, and previously extended to September 15, 2025, the new deadline is now September 16, 2025.
ReadThe Times of India - Business (2 days ago)
The Indian government's Export Promotion Mission, aimed at protecting exporters from global trade shocks, is nearing Union Cabinet approval after inter-ministerial consultations. Announced in the Union Budget, the scheme proposes roughly Rs 25,000 crore in support measures for exporters over six financial years (2025-2031). This initiative could...
ReadThe Times of India - Business (2 days ago)
The Reserve Bank of India (RBI) has introduced final guidelines to regulate payment aggregators, effective immediately. These guidelines classify aggregators into three categories and impose stringent capital requirements for non-bank entities, including a minimum net worth of Rs 25 crore by the third financial year. The framework also covers...
ReadThe Times of India - Business (2 days ago)
FundsIndia's report highlights Indian equities as strong wealth creators, with the Nifty 50 multiplying 13 times in 20 years, yielding 13.7% annually. Midcap stocks led with 16.2% CAGR. Long-term equity investments significantly reduce risk, showing no negative returns over seven years. Gold offered 14.8% CAGR, while debt and real estate provided...
ReadThe Times of India - Business (2 days ago)
Amidst ongoing trade deal discussions, US President Donald Trump's advisor Peter Navarro criticized India's high tariffs and Russian oil purchases, alleging it funds Russia's war efforts. Despite these tensions, a US trade negotiator is in India for preliminary talks, aiming to revive the suspended bilateral trade agreement negotiations.
ReadThe Times of India - Business (2 days ago)
Indian taxpayers, brace yourselves! The second advance tax installment for FY 2025-26 is due September 15th. If your tax liability exceeds Rs 10,000, pay up to avoid a 1% monthly interest penalty. Salaried individuals with additional income beyond TDS deductions, and others, should take note. Senior citizens are exempt under specific conditions.
ReadThe Times of India - Business (2 days ago)
India's exports saw a rise in August despite new US tariffs, driven by front-loading of shipments. The trade deficit narrowed, although it exceeded predictions. While exports to the US increased between April and August, India is diversifying markets and seeking trade deals with the EU to mitigate supply chain risks and reduce import reliance.
ReadThe Times of India - Business (2 days ago)
Donald Trump is again advocating for publicly traded companies to switch from quarterly to semi-annual earnings reports. He believes this change would reduce costs and enable executives to concentrate on long-term business management. The SEC has enforced the three-month reporting rule since 1970, but critics argue it pressures companies to...
ReadThe Times of India - Business (2 days ago)
Americans may continue using TikTok. A framework deal transfers TikTok's ownership to US control. US Treasury Secretary Scott Bessent announced this after US-China trade talks in Spain. Trump and Chinese Premier Xi Jinping may finalize the agreement soon. The deal addresses national security concerns. TikTok's popularity soared during Covid-19...
ReadThe Times of India - Business (2 days ago)
A parliamentary panel suggests India reconsider its involvement in the WTO's Information Technology Agreement (ITA), citing a widening trade deficit and weakened IT/electronics sector. Inspired by the US's tariff strategies, the committee recommends exploring renegotiation or exit options. They advocate for a proactive approach, emphasizing...
ReadThe Times of India - Business (2 days ago)
Alphabet's market value has surpassed $3 trillion. This milestone follows gains in share value. Optimism surrounding artificial intelligence is a factor. A US judge allowed Alphabet to retain control of Chrome and Android. This is a pivotal ruling. Cloud revenue jumped 32% year-on-year in the second quarter. Investments in custom chips and Gemini...
ReadThe Times of India - Business (2 days ago)
Donald Trump urged the Federal Reserve for a substantial interest rate cut ahead of its policy meeting, anticipating a boost to the housing market. The Fed is expected to lower rates by 25 basis points amidst concerns about a softening labor market. Policymakers are balancing inflation and employment, while also navigating political pressures with...
ReadThe Times of India - Business (2 days ago)
US stocks edged higher, buoyed by Tesla's surge following Elon Musk's share purchase, as investors anticipate the Federal Reserve's upcoming policy meeting. Market attention is focused on potential rate cuts and economic projections, while political pressure from President Trump adds complexity. Treasury yields dipped amid expectations of monetary...
ReadThe Times of India - Business (2 days ago)
India's merchandise exports experienced a rise of 6.7% to $35.1 billion in August, while imports saw a decline of 10.12% to $61.59 billion. This resulted in a narrowed trade deficit of $26.49 billion compared to the previous year. Cumulative exports for April–August 2025-26 reached $184.13 billion, with imports totaling $306.52 billion.
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