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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…
Read More “U.S. Federal Reserve cuts interest rate by 0.25 points” »
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…
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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…
Read More “Rolls-Royce expands India innovation footprint by opening a new facility Bengaluru” »
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…
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…
Read More “India’s exports likely to grow 6% this year: Piyush Goyal” »
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…
