Category: Business

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Stock markets rally for 2nd day amid U.S. trade talk optimism, Fed rate cut hopes

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Stock markets rally for 2nd day amid U.S. trade talk optimism, Fed rate cut hopes

Image for representational purposes only. | Photo Credit: PTI Benchmark indices Sensex and Nifty rose for the second day on Wednesday (September 17, 2025) on buying in IT, banking, and auto shares by investors enthused by positive day-long discussions with the visiting U.S. team on a bilateral trade deal. The 30-share BSE Sensex edged higher…

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Rupee rises 25 paise to close at 87.84 against U.S. dollar

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Rupee rises 25 paise to close at 87.84 against U.S. dollar

Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 25 paise to close at 87.84 (provisional) against U.S. dollar on Wednesday (September 17, 2025), tracking a positive trend in domestic equities and supported by optimism over U.S.–India trade negotiations. Forex traders said the Indian rupee strengthened for the fourth consecutive session on…

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GST 2.0 is a gamechanger, boon for common man: Finance Minister Nirmala Sitharaman in Visakhapatnam

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GST 2.0 is a gamechanger, boon for common man: Finance Minister Nirmala Sitharaman in Visakhapatnam

Finance Minister Nirmala Sitharaman. File. | Photo Credit: Bijoy Ghosh Finance Minister Nirmala Sitharaman on Wednesday (September 17) said that the GST reforms will bring ₹2 lakh crore into the hands of the common man. Addressing a gathering in Visakhapatnam, Ms. Sitharaman added that the GST Council decision aims to reduce the tax burden on…

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Impact of U.S. tariffs, GST slab rejig: Kerala seeks supplementary grants, ‘extra borrowing limit’ of 0.5%

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Impact of U.S. tariffs, GST slab rejig: Kerala seeks supplementary grants, ‘extra borrowing limit’ of 0.5%

Kerala Finance Minister KN Balagopal | Photo Credit: S. MAHINSHA In a supplementary memorandum submitted to the 16th Finance Commission last week, Kerala has sought supplementary grants and eligibility for a “temporary extra borrowing limit” of 0.5% of the Gross State Domestic product (GSDP) to help it absorb the losses arising from the Goods and…

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From The Hindu: Analysing impact of U.S. tariff on Indian industries

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From The Hindu: Analysing impact of U.S. tariff on Indian industries

Representational file image. | Photo Credit: Reuters In August this year, the 25% tariff on Indian exports, imposed by U.S. President Donald Trump, came into effect. Prior to this, Mr. Trump had signed an executive order — Addressing Threats to the U.S. by the Government of the Russian Federation — imposing the additional tariff over an above…

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Govt plans ₹5,000 cr scheme to promote decarbonisation in steel industry: Steel Secretary

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Govt plans ₹5,000 cr scheme to promote decarbonisation in steel industry: Steel Secretary

Sandeep Poundrik. File | Photo Credit: Reuters The government is working on a ₹5,000 crore scheme to promote adoption of clean steel-making technologies, thereby reducing carbon emissions, Steel Secretary Sandeep Poundrik said on Wednesday (September 17, 2025). The senior Ministry official made the remarks while speaking to PTI on the sidelines of the ‘FT Live…

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India’s exports to U.S. falling owing to high tariffs: GTRI

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India’s exports to U.S. falling owing to high tariffs: GTRI

Representational image only. File | Photo Credit: Reuters “India’s exports to the U.S. are falling as high tariffs imposed by the Donald Trump administration have started eroding the price competitiveness of domestic goods in Washington,” think tank GTRI said on Wednesday (September 17, 2025). “August shipments to the U.S. plunged to $6.7 billion, down 16.3%…

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Urban Company shares make strong market debut; jump over 57% over issue price

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Urban Company shares make strong market debut; jump over 57% over issue price

 The company plans to use funds raised through the fresh issuance for new technology development and cloud infrastructure, lease payments for its offices, marketing activities, and general corporate purposes. File. | Photo Credit: Reuters Shares of app-based beauty and home services platform Urban Company Ltd on Wednesday (September 17, 2025) listed with a premium of…

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Rupee rises 28 paise to 87.81 against U.S. dollar in early trade

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Rupee rises 28 paise to 87.81 against U.S. dollar in early trade

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 96.73, higher by 0.11%. File | Photo Credit: Reuters The rupee appreciated 28 paise to 87.81 against the U.S. dollar in early trade on Wednesday (September 17, 2025), tracking the broad decline in the greenback amid hopes of a…

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