Category: Business

Business

GST authority imposes ₹41 crore penalty on Torrent Pharmaceuticals

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GST authority imposes ₹41 crore penalty on Torrent Pharmaceuticals

Official logo of Torrent Pharmaceuticals Ltd. x/@TorrentPharmaIn Torrent Pharmaceuticals Ltd on Friday (November 28, 2025) said the central GST authority has imposed a penalty of over ₹41 crore on the company for alleged erroneous refund on export of goods. The Joint Commissioner, common adjudicating authority, central GST, Ahmedabad South Commissionerate passed an order imposing a…

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Business

Rupee falls 7 paise to settle at 89.43 against U.S. dollar

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Rupee falls 7 paise to settle at 89.43 against U.S. dollar

Representational image for Indian Rupee | Photo Credit: Getty Images The rupee dropped 7 paise to settle at 89.43 (provisional) against the U.S. dollar on Friday (November 28, 2025), tracking a strong greenback and a rise in crude oil prices in the international market. “The Indian currency was also weighed down by subdued equity market…

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GDP growth at six-quarter high of 8.2% in Q2 FY26, driven by manufacturing and services

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GDP growth at six-quarter high of 8.2% in Q2 FY26, driven by manufacturing and services

India’s GDP grew at a six-quarter high of 8.2% in the second quarter (July-September) of the financial year 2025-26, buoyed by a relatively strong performance of the manufacturing and services sectors, official data showed.  Data released by the Ministry of Statistics and Programme Implementation on Friday showed that the last time India’s GDP grew faster…

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Business

Mother Dairy MD Manish Bandlish resigns, tenure ends in two days

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Mother Dairy MD Manish Bandlish resigns, tenure ends in two days

Manish Bandlish, former MD of Mother Dairy. File | Photo Credit: Nitesh Sinha Leading milk supplier Mother Dairy’s managing director Manish Bandlish has resigned from the post to pursue his professional career outside the company, sources said. His tenure will end on November 30. Mr. Bandlish joined Mother Dairy in March 2021 as the managing…

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Business

Stock markets end flat in highly volatile trade ahead of GDP, IIP data

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Stock markets end flat in highly volatile trade ahead of GDP, IIP data

Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed almost unchanged in a highly volatile trade on Friday (November 28, 2025) as investors stayed on the sidelines ahead of key macroeconomic data announcements in post-market hours. Halting its two-day rally, the 30-share BSE Sensex slipped by…

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Business

Kejriwal demands Centre to remove 18% GST on air purifiers

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Kejriwal demands Centre to remove 18% GST on air purifiers

Former Delhi CM and AAP National Convenor Arvind Kejriwal | Photo Credit: ANI Former Chief Minister Arvind Kejriwal on Friday (November 28, 2025) demanded that the Central government immediately remove 18% GST imposed on air and water purifiers, in view of the worsening air quality in Delhi-NCR. In a post on X in Hindi, he…

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Business

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Access Denied You don’t have permission to access “http://www.ndtv.com/business-news/zohos-sridhar-vembu-reveals-strange-acquisition-pitch-followed-by-ai-apology-9713983” on this server. Reference #18.1c0c2d17.1764317665.1c3f1e14 https://errors.edgesuite.net/18.1c0c2d17.1764317665.1c3f1e14 Source link

Business

Stock market trades higher in early deals

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Stock market trades higher in early deals

Representational image of Bombay Stock Exchange in Mumbai File | Photo Credit: PTI Equity benchmark indices Nifty and Sensex advanced in early trade on Friday (November 28, 2025), after hitting record highs in the previous session, aided by buying in blue-chip Reliance Industries and rate cut optimism. The 30-share BSE Sensex climbed 103.96 points to…

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Business

Rupee falls 7 paise to 89.43 against U.S. dollar in early trade

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Rupee falls 7 paise to 89.43 against U.S. dollar in early trade

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee weakened by 7 paise to 89.43 against the U.S. dollar in early trade on Friday (November 28, 2025) amid a strong greenback and higher crude oil prices in the international market. According to forex experts, the Indian currency was also weighed down by the withdrawal of…

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Dutch chipmaker Nexperia urges Chinese units to help restore supply chain

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Dutch chipmaker Nexperia urges Chinese units to help restore supply chain

Nexperia makes billions of simple but ubiquitous chips for cars and other electronics and shortages [File] | Photo Credit: REUTERS Dutch chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese units in an open letter on Thursday to help restore normal production. Nexperia’s…

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