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market benchmark indices Sensex and Nifty rebounded in early trade after seven days of fall. File | Photo Credit: PTI Benchmark indices Sensex and Nifty bounced back in early trade on Tuesday (September 30,2025) after falling sharply in the past seven trading days, helped by buying in bank stocks. The 30-share BSE Sensex climbed 312.88…
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Representational image of gold bars | Photo Credit: Reuters The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending…
Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains…
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The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate cut. The October policy comes within weeks of a cut in Goods and Services Tax (GST) and at a time when demand is likely to be created in the domestic market amid the…
Read More “To be or not to be: With GST tailwind, Monetary Policy Committee likely to hold rates ” »
In order to accelerate the adoption of electric vehicles, the government has brought guidelines for availing subsidy for vehicle charging stations, battery swapping stations and battery charging stations offering up to 100% subsidies. The guidelines are under the ₹10,000 crore PM E-drive scheme for promotion of electric vehicles in the country within which ₹2,000…
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The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…
Read More “U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC” »
Nitin Gadkari. File | Photo Credit: The Hindu Union Minister for Road Transport and Highways Nitin Gadkari on Monday (September 29, 2025) refused to be pulled into a controversy over allegations against him with regard to ethanol blending, saying it is work of a powerful import lobby upset by his decisions. Speaking at a programme…
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The mining and quarrying sector grew 6% in August 2025, a 14-month high, snapping a four-month streak of contractions. File | Photo Credit: The Hindu Growth in industrial activity in India slowed to 4% in August 2025 from its 6-month high growth of 4.3% in July. Growth was dragged down by the consumer durables and…
Falling for the seventh consecutive session, the 50-share NSE Nifty slipped 19.80 points or 0.08% to 24,634.90. Nifty has dropped more than 3% in the seven straight sessions due to selling by foreign investors. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed marginally lower in a volatile session on Monday (September…