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Union Minister of Commerce and Industry Piyush Goyal in the U.S. | Photo Credit: PTI India is negotiating free trade agreements (FTAs) with a number of countries including the U.S., New Zealand, Oman, Peru, Chile, and the European Union, Commerce and Industry Minister Piyush Goyal said on Monday (September 29, 2025). He said that Qatar…
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At the interbank foreign exchange, the rupee opened at 88.69 against the U.S. dollar, and finally settled for the day with a loss of 7 paise at 88.79 (provisional), its lowest-ever closing level so far. File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day lower by 7 paise…
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Image used for representation purpose only. | Photo Credit: Reuters Moody’s Ratings on Monday (September 29, 2025) affirmed India’s long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at Baa3 with a ‘Stable’ outlook on the back of robust economic growth and sound external position. The global rating agency also affirmed India’s…
Read More “Moody’s retains India rating at ‘Baa3’, maintains stable outlook” »
“The partnership will also take advantage of UST’s digital engineering, AI-driven process improvements, and real-time data analysis,” a UST in a statement | Photo Credit: Getty Images/iStockPhoto UST, an AI and technology transformation solutions firm, announced a strategic investment in Kaynes Semicon, an Indian semiconductor manufacturer to set up a ₹3,330 crore Semiconductor Manufacturing facility…
File photo of Consumer Affairs Secretary Nidhi Khare. Consumer Affairs Secretary Nidhi Khare on Monday (September 29, 2025) said the government’s National Consumer Helpline (NCH) has received 3,000 complaints related to GST since the implementation of reduced taxes. “We have so far received 3,000 consumer complaints. We are sending them to the CBIC (Central Board…
Representational image of the Reserve Bank of India (RBI) logo pictured outside its head office | Photo Credit: Reuters The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. The Appointments Committee of the Cabinet approved his appointment on Monday (September 29, 2025). Mr. Murmu’s…
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Lufthansa planes stand parked as Frankfurt airport. | Photo Credit: Reuters German airline Lufthansa said on Monday (September 29, 2025) it would slash 4,000 jobs, mainly in Germany, by 2030 in a bid to cut costs after a fall in earnings. Europe’s biggest airline group said the move would essentially target administrative posts and not…
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The government has signed agreements with 26 overseas and domestic firms during the ‘World Food India’ summit for investments worth ₹1.02 lakh crore in India’s food processing sector. The summit, organised by the Ministry of Food Processing Industries, was held at Bharat Mandapam in the national capital from September 25 to 28. In an official…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday (September 29, 2025) after registering a sharp fall last week, amid value-buying at lower levels and a firm trend in global markets. The 30-share BSE Sensex climbed 255.46 points to 80,681.92 in…
Read More “Stock markets bounce back in early trade after falling sharply last week” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Rupee rises 3 paise to 88.69 against the U.S. dollar in early trade on Monday (September 29, 2025), tracking positive Asian currencies and weakness of the American currency in the overseas market. Forex traders said the rupee is trading in a tight range as…
Read More “Rupee rises 3 paise to 88.69 against U.S. dollar in early trade” »