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The National Company Law Tribunal (NCLT) on Wednesday (September 17, 2025) deferred the hearing on Vedanta’s ambitious demerger proposal to October 8, as the Ministry of Petroleum and Natural Gas objected to the scheme, citing a lack of necessary disclosures. The Mumbai Bench of NCLT also directed Vedanta and the Ministry to file written submissions…
Read More “Vedanta demerger: NCLT defers final hearing to October 8” »
File picture of Ben Cohen, second from left, and Jerry Greenfield, centre, founders of Ben & Jerry Homemade Inc., serving ice cream to Washington residents | Photo Credit: AP Ben & Jerry’s cofounder Jerry Greenfield, whose name helped shape the popular ice cream brand, has quit the company, his partner Ben Cohen said on Wednesday…
Read More “Ben & Jerry’s cofounder resigns citing loss of independence under Unilever” »
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…
Read More “Stock markets rally for 2nd day amid U.S. trade talk optimism, Fed rate cut hopes” »
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…
Read More “Rupee rises 25 paise to close at 87.84 against U.S. dollar” »
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…
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…
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…
Read More “From The Hindu: Analysing impact of U.S. tariff on Indian industries” »
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…
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%…
Read More “India’s exports to U.S. falling owing to high tariffs: GTRI” »
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