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Category: Business

Business

No impact on production, exploration ambitions: OIL India CMD on latest Ukraine attacks in Russia

Posted on September 18, 2025 By admin
No impact on production, exploration ambitions: OIL India CMD on latest Ukraine attacks in Russia

Ranjit Rath, Chairman and Managing Director of Oil India Limited. File | Photo Credit: ANI Oil India Limited Chairman Ranjit Rath said that there is no impact on Russian assets despite the Ukraine drone attack on the Russian oil refinery on Thursday (September 18, 2025), dividends unaffected. “So far there has been absolutely no impact to…

Read More “No impact on production, exploration ambitions: OIL India CMD on latest Ukraine attacks in Russia” »

Business

Give Assam tea industry a special revival package, Congress tells PM

Posted on September 18, 2025 By admin
Give Assam tea industry a special revival package, Congress tells PM

Debabrata Saikia. File | Photo Credit: Special Arrangement GUWAHATI The Assam Congress has urged Prime Minister Narendra Modi to provide a special package for the revival of Assam’s tea industry, caught in a crisis due to climate change-induced production losses and the drastic fall in green leaf prices. In a letter to the Prime Minister…

Read More “Give Assam tea industry a special revival package, Congress tells PM” »

Business

Timely access to justice: Tax experts praise government’s operationalisation of GST Appellate Tribunal

Posted on September 18, 2025 By admin
Timely access to justice: Tax experts praise government’s operationalisation of GST Appellate Tribunal

In a notification dated September 17, the Ministry of Finance notified that appeals against orders communicated before April 1, 2026, can be filed up to June 30, 2026. | Photo Credit: Getty Image/iStockPhoto In a further step towards making the crucial Goods and Services Tax Appellate Tribunal (GSTAT) functional, the government has notified the timelines…

Read More “Timely access to justice: Tax experts praise government’s operationalisation of GST Appellate Tribunal” »

Business

Stock markets end higher after U.S. Fed rate cut; log gains for 3rd day

Posted on September 18, 2025 By admin
Stock markets end higher after U.S. Fed rate cut; log gains for 3rd day

Representative image | Photo Credit: Reuters Stock markets closed higher for the third consecutive day on Thursday (September 18, 2025), with the benchmark Sensex gaining 320 points to end above the 83,000 level after the U.S. Federal Reserve cut its key interest rate by 25 basis points and signalled the possibility of two additional rate…

Read More “Stock markets end higher after U.S. Fed rate cut; log gains for 3rd day” »

Business

Rupee falls 28 paise to close at 88.13 against U.S. dollar

Posted on September 18, 2025 By admin
Rupee falls 28 paise to close at 88.13 against U.S. dollar

Representative image | Photo Credit: Reuters The rupee depreciated 28 paise to close at 88.13 (provisional) against the U.S. dollar on Thursday (September 18, 2025), on hawkish Fed and a bounce back in the U.S. dollar. Forex traders said traders assessed the U.S. FED outlook following a rate cut. The U.S. FED reduced rates by…

Read More “Rupee falls 28 paise to close at 88.13 against U.S. dollar” »

Business

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

Posted on September 18, 2025 By admin
Weak balance sheets of municipal bodies a challenge in bond issuance: SEBI Chairperson

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…

Read More “Weak balance sheets of municipal bodies a challenge in bond issuance: SEBI Chairperson” »

Business

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

Posted on September 18, 2025 By admin
Do not hesitate to invest more, expand capacities: Finance Minister Nirmala Sitharaman tells India Inc.

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…

Read More “Do not hesitate to invest more, expand capacities: Finance Minister Nirmala Sitharaman tells India Inc.” »

Business

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

Posted on September 18, 2025 By admin
Tesla under investigation after parents say faulty door handles trapped their kids in the back

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…

Read More “Tesla under investigation after parents say faulty door handles trapped their kids in the back” »

Business

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

Posted on September 18, 2025 By admin
Gold declines ₹612 on strong dollar, weak global cues after Fed move

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…

Read More “Gold declines ₹612 on strong dollar, weak global cues after Fed move” »

Business

Former director of Lodha Developers arrested for ₹85 crore fraud

Posted on September 18, 2025 By admin
Former director of Lodha Developers arrested for ₹85 crore fraud

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…

Read More “Former director of Lodha Developers arrested for ₹85 crore fraud” »

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