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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…
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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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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…
Read More “Urban Company shares make strong market debut; jump over 57% over issue price” »
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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The 30-share BSE Sensex rallied 262.74 points to 82,643.43 in early trade. File. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rallied in initial trade on Wednesday (September 17, 2025) following positive day-long discussions with the visiting U.S. team on a bilateral trade deal with both sides agreeing to push for an early…
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People waiting in a queue to get relief amount under Pradhan Mantri Jan-Dhan Yojana, at a bank in Vijayawada. | Photo Credit: K.V.S. Giri In the last 2.5 months, the Ministry of Finance has opened more than 61 lakh new bank accounts, and has created more than 2.6 crore fresh enrolments in its three flagship…
A team of officials from the office of the United States Trade Representative, led by the Chief Negotiator for the India-U.S. Bilateral Trade Agreement negotiations Brendan Lynch visited India on September 16, 2025. File Photo: X/@USIBC Discussions between the negotiating teams of the U.S. and India on Tuesday (September 16, 2025) in New Delhi were “positive…