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Gross Goods and Services Tax mop-up was ₹1.73 lakh crore in September 2024. Last month, the collection was ₹1.86 lakh crore, as per government data released. File. | Photo Credit: Reuters GST collections clocked near double-digit growth to amass ₹1.89 lakh crore in September — a month in which the reduced tax rates came into…
Read More “GST collections rise by 9% to ₹1.89 lakh crore in September” »
Reserve Bank of India Governor Sanjay Malhotra during a press conference in Mumbai, Maharashtra, on October 1, 2025 | Photo Credit: RBI Reserve Bank Governor Sanjay Malhotra on Wednesday (October 1, 2025) said there is no proposal to levy any charge on UPI transactions. RBI MPC meeting LIVE The Governor also said the central bank…
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“The export sector is a vital part of India’s economy,” said RBI Governor Sanjay Malhotra. File. | Photo Credit: Reuters The Reserve Bank on Wednesday (October 1, 2025) announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the U.S. administration on Indian shipments….
Alongside, oil firms increased the price of commercial LPG used in hotels and restaurants by ₹15.50 per 19-kg cylinder. Commercial LPG now costs ₹1,595.50 in the national capital. File. | Photo Credit: ANI Aviation Turbine Fuel (ATF) prices were hiked by over 3% and commercial LPG rates by ₹15.50 per cylinder on Wednesday (October 1,…
Image for representation only | Photo Credit: Reuters Gold futures on Wednesday jumped ₹535 to a record ₹1,17,800 per 10 grams in domestic futures trade, tracking strong global cues as investors sought safe-haven assets after the U.S. government shut down, while weak labour data fuelled expectations of rate cuts by the U.S. Federal Reserve. On…
Read More “Gold prices jump ₹535 to record ₹1,17,800/10g on U.S. govt shutdown, Fed cut hopes” »
Representative image | Photo Credit: Reuters Benchmark indices Sensex and Nifty extended early gains and were trading significantly higher on Wednesday (October 1, 2025), helped by buying in bank stocks, after the Reserve Bank of India (RBI) kept its policy interest rate unchanged at 5.5% for the second consecutive time. RBI MPC meeting LIVE The…
Read More “Stock markets extend morning gains post RBI policy; sensex jumps nearly 600 points” »
RBI Governor Sanjay Malhotra said permission has been granted to Authorised Dealer banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for cross-border trade transactions. File. | Photo Credit: Reuters In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday (October 1,…
Read More “RBI announces slew of measures to promote internationalisation of Rupee” »
In this screengrab received on October 1, 2025, Reserve Bank of India Governor Sanjay Malhotra speaks on Monetary Policy Statement, in New Delhi. Photo: RBI via PTI Photo The Reserve Bank of India (RBI) on Wednesday (October 1, 2025) Monetary Policy Committee maintaining a neutral kept its policy interest rate unchanged at 5.5% for the…
Read More “RBI keeps interest rates unchanged at 5.5% amid uncertainty over Trump’s tariffs” »
Representative image | Photo Credit: Reuters The rupee recovered 15 paise from its all-time low to 88.65 against the U.S. dollar on Wednesday (October 1, 2025), after the Reserve Bank Governor delivered a dovish pause, broadly in line with market expectations. RBI MPC meeting LIVE Reserve Bank of India (RBI) expectedly left its key interest…