Services exports increased to $34.1 billion in August 2025, compared to $30.4 billion in August last year. File image used for representation. | Photo Credit: Reuters India’s trade deficit contracted by more than 54% to $9.9 billion in August 2025, driven by a surge in merchandise exports, a continued strong performance in services exports, and…
Syed Zafar Islam described GST as one of the most transformative reforms in independent India’s history, and noted that GST has even deeper impact than the landmark 1991 liberalisation scheme. File | Photo Credit: Getty Images “The Goods & Services Tax (GST) reforms will provide a major boost to India’s Micro, Small, and Medium Enterprises…
File picture of U.S. Chief negotiator Brendan Lynch (centre, talking). Picture: X/@USIBC As a “continuation” of trade talks between India and the U.S., India will host the U.S. chief negotiator Brendan Lynch for a one-day meeting with India’s chief negotiator Rajesh Agrawal, Mr. Agrawal said on Monday (September 15, 2025). This follows developments earlier this…
| Photo Credit: Special arrangement NITI Aayog released a report on Monday (September 15, 2025) asserting that Artificial Intelligence-led efficiencies in industries could be key in contributing to an annual Gross Domestic Product (GDP) growth rate of 8% in the coming years. “Accelerating AI adoption across industries to improve productivity and efficiency” could bridge “30–35%…
Exports were worth $32.89 billion in August last year and imports stood at $68.53 billion. (Representational image) | Photo Credit: Getty Images/iStockphoto India’s exports rose by 6.7% to $35.1 billion in August, while imports declined by 10.12% to $61.59 billion, according to official data released on Monday (September 15, 2025). Exports were worth $32.89 billion…
Deflation in vegetables was 14.18% in August, as against 28.96% in July. File | Photo Credit: The Hindu Wholesale price inflation (WPI) returned to the positive zone after two months at 0.52% in August, as prices of food articles and manufactured items inched up, government data showed on Monday (September 15, 2025). WPI-based inflation…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.07% to 97.61. File | Photo Credit: The Hindu The rupee witnessed range-bound trading in morning deals on Monday (September 15, 2025) and depreciated 4 paise to 88.30 against the U.S. dollar, as tariff-led pressure on India’s exports weighed on…
Union Finance Minister Nirmala Sitharaman addressing the joint conclave of Trade and Industries Association on the topic ‘Tax Reforms for Rising Bharat’ at Music Academy in Chennai on September 14, 2025 | Photo Credit: B. Jothi Ramalingam Union Finance Minister Nirmala Sitharaman, on Sunday (September 14, 2025), said the GST regime has benefited both the…
Same haircut, yet different price tags. Ever observed why your daughter’s haircut often costs more than son’s? Do the scissors charge extra for braids and bows? Nope. It’s just a markup born out of gender-based price discrimination! And it’s not just haircuts. Pink toys are heftier than other toys, and women’s shampoos, conditioners and razors…
Becoming the guarantor of a loan may seem like a simple gesture for helping someone close to get credit. However, in reality, it creates a binding financial responsibility for a long period. As lenders treat loan guarantors almost at par with borrowers, they hold loan guarantors for repayment defaults. Thus, understanding the implications of becoming…
