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The 30-share BSE Sensex declined 153.28 points to 80,004.60 in early trade. The 50-share NSE Nifty dipped 46.4 points to 24,533.20. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday (September 3, 2025), tracking weak global market trends and relentless foreign fund outflows. Caution also prevailed in…
An airplane of Turkish Airlines. | Photo Credit: AFP The story so far: IndiGo received a third extension from the Directorate General of Civil Aviation (DGCA) to lease two Boeing 777-300ER aircraft and crew from Turkish Airlines, after previously facing a directive to end the partnership amid heightened anti-Turkey sentiment related to its support for…
Read More “Why has IndiGo damp leased from Turkish Airlines? | Explained” »
A federal judge on Tuesday (September 2, 2025) ordered a shake-up of Google’s search engine in an attempt to curb the corrosive power of an illegal monopoly while rebuffing the U.S. government’s attempt to break up the company and impose other restraints. The 226-page decision made by U.S. District Judge Amit Mehta in Washington, D.C.,…
The GST council has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla, Mercedes-Benz, BMW and BYD. Prime Minister Narendra Modi is aiming to reform India’s tax system and is pushing Indian customers to buy more…
Read More “India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW” »
States will remain “net gainers” of the proposed GST rate rationalisation exercise with their GST revenues, including devolution, estimated to be over ₹14.10 lakh crore this fiscal, according to an SBI Research report released on Tuesday (September 2, 2025). It said that, as was evidenced in the earlier exercise of GST rate rationalisation in 2018…
Read More “States to remain ‘net gainers’ of GST rate rationalisation: SBI Research” »
The new rules have been issued after SEBI observed growing instances of outsized intraday Future Equivalent. File. | Photo Credit: Reuters Markets regulator SEBI came out with a new framework for monitoring intraday positions in equity index derivatives, a move aimed at preventing risks caused by large exposures. Under the new framework, the net intraday…
Read More “SEBI comes out with new framework for monitoring intraday position in index options” »
Prime Minister Narendra Modi and Union Minister Ashwini Vaishnaw during the inauguration of ‘Semicon India 2025’ at Yashobhoomi, in New Delhi on September 2, 2025. Photo: PMO via PTI Union Minister for Electronics & Information Technology Ashwini Vaishnaw presented Prime Minister Narendra Modi with a memento containing the ‘Made in India’ Vikram 32-bit Processor Launch…
India on Tuesday (September 2, 2025) sought consultations with the U.S. under the World Trade Organisation’s (WTO) safeguard agreement over 50% tariffs imposed on certain copper products by America. This move comes after India reserved the right to impose retaliatory duties on select U.S. products in response to American tariffs on steel and aluminium; and…
Read More “India seeks WTO consultations with U.S. over 50% duty on copper” »
“We are simplifying our IT landscape, enabling us to further invest in new technology and develop our business across Scandinavia,” Tryg CEO Johan Kirstein Brammer said. Photo: https://tryg.com/ Tata Consultancy Services on Tuesday (September 2, 2025) said it has expanded its partnership with Tryg, a Scandinavian non-life insurance firm, by entering into a €550 million…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark indices Sensex and Nifty reversed early gains to close lower on Tuesday (September 2, 2025) dragged by last-hour profit-taking in banking and auto shares amid caution ahead of the GST Council meeting. The 30-share BSE Sensex declined 206.61 points or 0.26%t…