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  • Budget 2024-25: Economy – The Hindu
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    Rupee remains flat at 83.73 against U.S. dollar in early trade Business
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Category: Business

Business

U.S. plans 1:1 chip production rule to curb overseas reliance: Report

Posted on September 26, 2025 By admin
U.S. plans 1:1 chip production rule to curb overseas reliance: Report

The White House and the U.S. Commerce Department did not immediately respond to requests for comment [File] | Photo Credit: REUTERS The U.S. is planning to ask chipmakers to manufacture at home as many semiconductors as their customers import, aiming to curb reliance on overseas supply, the Wall Street Journal reported on Friday. The Trump…

Read More “U.S. plans 1:1 chip production rule to curb overseas reliance: Report” »

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Supreme Court upholds JSW Steel’s resolution plan for debt-ridden Bhushan Power and Steel

Posted on September 26, 2025 By admin
Supreme Court upholds JSW Steel’s resolution plan for debt-ridden Bhushan Power and Steel

Image for representation only | Photo Credit: Reuters The Supreme Court on Friday (September 26, 2025) upheld JSW Steel’s ₹19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL). A special bench comprising Chief Justice B.R. Gavai and Justices Satish Chandra Sharma and K. Vinod Chandran had reserved the verdict on a batch of…

Read More “Supreme Court upholds JSW Steel’s resolution plan for debt-ridden Bhushan Power and Steel” »

Business

Rupee recovers from all-time low, rises 6 paise to 88.70 against U.S. dollar

Posted on September 26, 2025 By admin
Rupee recovers from all-time low, rises 6 paise to 88.70 against U.S. dollar

Photo used for illustration purpose only. | Photo Credit: Getty Images/iStockphoto The rupee rebounded from its all-time low, rising 6 paise to 88.70 against the U.S. dollar in early trade on Friday (September 26, 2025) amid a weaker greenback and hopes of an India-US trade deal breakthrough. However, FII outflows, coupled with a rise in…

Read More “Rupee recovers from all-time low, rises 6 paise to 88.70 against U.S. dollar” »

Business

Equity markets trade lower dragged by pharma stocks, relentless foreign fund outflows

Posted on September 26, 2025 By admin
Equity markets trade lower dragged by pharma stocks, relentless foreign fund outflows

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty declined in early trade on Friday (September 26, 2025) dragged by pharma stocks and relentless foreign fund outflows. U.S. H-1B visa fee concerns and a weak trend in global markets also added to the bearish trend in domestic…

Read More “Equity markets trade lower dragged by pharma stocks, relentless foreign fund outflows” »

Business

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Posted on September 25, 2025 By admin

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Posted on September 25, 2025 By admin

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Business

Spanish data centre firm Submer opens shop in India, plans manufacturing

Posted on September 25, 2025 By admin
Spanish data centre firm Submer opens shop in India, plans manufacturing

Submer Technologies S.L., a Spainish-headquartered liquid cooling solutions provider for data centres that has in recent months transitioned into building data centres, said it would enter the Indian market to build Artificial Intelligence-focused data centres in the country. The “tenants” that actually occupy and own the data centres are likely to be the Big Tech…

Read More “Spanish data centre firm Submer opens shop in India, plans manufacturing” »

Business

Income Tax department extends deadline for tax audit report submission to October 31

Posted on September 25, 2025 By admin
Income Tax department extends deadline for tax audit report submission to October 31

The Income Tax department on Thursday, September 25, 2025, extended the deadline for submission of audit reports for the 2024-25 fiscal year by one month till October 31. | Photo Credit: Getty Images/iStockphoto The Income Tax department on Thursday (September 25, 2025) extended the deadline for submission of audit reports for the 2024-25 fiscal year…

Read More “Income Tax department extends deadline for tax audit report submission to October 31” »

Business

RBI mandates tougher authentication process for digital transactions 

Posted on September 25, 2025 By admin
RBI mandates tougher authentication process for digital transactions 

The latest RBI directions are applicable to Payment System Providers, Payment System Participants (banks and non-banks) and all domestic digital payment transactions. | Photo Credit: Getty Images/iStockphoto The Reserve Bank of India (RBI), to further secure digital payments transactions, has mandated introduction of additional risk-based checks beyond the minimum two-factor authentication by leveraging upon technological advancements….

Read More “RBI mandates tougher authentication process for digital transactions ” »

Business

The Hindu Mind LIVE: Telangana Dy CM Bhatti Vikramarka Mallu, Kerala FM K.N. Balagopal to speak on GST implementation

Posted on September 25, 2025 By admin
The Hindu Mind LIVE: Telangana Dy CM Bhatti Vikramarka Mallu, Kerala FM K.N. Balagopal to speak on GST implementation

Telangana Deputy Chief Minister Bhatti Vikramarka Mallu and Kerala Finance Minister K.N. Balagopal are the guests on this edition of The Hindu Mind series, on Thursday (September 25, 2025) in New Delhi. Mr. Mallu and Mr. Balagopal will be speaking about the Goods and Services Tax (GST) and its implementation in the country. Notably, Mr….

Read More “The Hindu Mind LIVE: Telangana Dy CM Bhatti Vikramarka Mallu, Kerala FM K.N. Balagopal to speak on GST implementation” »

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