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…
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…
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…
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…
Supplies of used gold jewellery and coins, typically released when investors book profits, have been scarce in India, as many expect bullion prices to continue climbing even after reaching new highs almost every week. This contrasts with March, when spot gold first crossed $3,000 an ounce and retail customers rushed to sell their holdings, triggering…
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…
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…
