Category: Business

Business

Weak balance sheets of municipal bodies a challenge in bond issuance: SEBI Chairperson

September 18, 2025 admin

SEBI Chairman Tuhin Kanta Pandey during the ‘Infrastructure Conclave 2025’, in Mumbai, Maharashtra on September 18, 2025. | Photo Credit: PTI The weak balance sheets of the municipal bodies are a challenge in the development of municipal bond market in India, said Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey at an…

Business

Do not hesitate to invest more, expand capacities: Finance Minister Nirmala Sitharaman tells India Inc.

September 18, 2025 admin

Finance Minister Nirmala Sitharaman on Thursday (September 18, 2025) asked India Inc. to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Ms. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the…

Business

Tesla under investigation after parents say faulty door handles trapped their kids in the back

September 18, 2025 admin

The investigation into Tesla’s most popular model comes after numerous reported incidents in recent years of other problems with opening Tesla doors [File] | Photo Credit: REUTERS Federal auto safety regulators opened an investigation Tuesday into possible defects in Tesla doors that have reportedly left parents with children trapped in the back seat and forced…

Business

Gold declines ₹612 on strong dollar, weak global cues after Fed move

September 18, 2025 admin

Image used for representative purpose only. | Photo Credit: Reuters Gold prices declined ₹612 to ₹1,09,210 per 10 grams in domestic futures trade on Thursday as speculators cut positions following a firm recovery in the dollar after the U.S. Federal Reserve’s cautious policy stance dampened bullion’s rally. On the Multi Commodity Exchange (MCX), gold futures…

Business

Former director of Lodha Developers arrested for ₹85 crore fraud

September 18, 2025 admin

A former director of a prominent real estate firm was arrested on Wednesday (September 17, 2025) for allegedly misusing his official position to defraud the company of ₹85 crore, Mumbai Police said. The accused, identified as Rajendra Lodha, worked as a director of Lodha Developers Ltd from September 2013 to August 18, 2025. He resigned…

Business

U.S. Federal Reserve cuts interest rate by 0.25 points

September 17, 2025 admin

The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate…

Business

Centre notifies new CGST rates for goods effective from September 22

September 17, 2025 admin

The Union Finance Ministry notifies new CGST rates and says States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services. File | Photo Credit: The Hindu The Union Finance Ministry has notified new Central GST (CGST) tax rates for goods, which will be effective…

Business

Rolls-Royce expands India innovation footprint by opening a new facility Bengaluru

September 17, 2025 admin

Helen McCabe | Photo Credit: Special Arrangement Rolls-Royce, the global power systems company specialising in aerospace and defence engines, has announced the opening of its newly expanded Global Capability and Innovation Centre in Bengaluru. The facility would house part of Rolls-Royce’s global digital capabilities and enterprise services team, alongside engineering teams supporting Civil Aerospace and…

Business

First round of negotiations for FTA with EAEU, including Russia, likely in ‘early November’

September 17, 2025 admin

File picture of Union Minister Piyush Goyal and EU’s trade commissioner Maroš Šefčovič and European Commissioner for Agriculture and Food Christophe Hansen over a discussion on the Free-Trade Agreement (FTA) between India and the European Union. in New Delhi on September 12, 2025. | Photo Credit: ANI The first round of negotiations for a free…

Business

India’s exports likely to grow 6% this year: Piyush Goyal

September 17, 2025 admin

Union Minister Piyush Goyal. File | Photo Credit: ANI Union Commerce Minister Piyush Goyal on Wednesday (September 17, 2025) expressed confidence that India’s exports would grow by around 6% this year compared to the corresponding period in 2024. Underscoring the country’s strong performance in global trade despite challenges, the Minister said discussions on free trade…

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