Union Finance Minister Nirmala Sitharaman speaks in the house on August 11, 2025. Photo: Sansad TV via PTI Photo As the Opposition members continued their protest, the Lok Sabha on Monday (August 11, 2025) passed the two crucial Bills pertaining to taxation without any debate. Union Finance Minister Nirmala Sitharaman introduced the Income-Tax (No 2)…
FIIs turned net buyers after several days and purchased equities worth ₹1,932.81 crore on August 8, 2025, according to exchange data. File | Photo Credit: Reuters Rupee pared initial gains and settled for the day on a negative note, lower by 8 paise at 87.66 (provisional) against the U.S. dollar on Monday (August 11, 2025),…
Soybeans are displayed with a farmer miniature in this illustration picture. | Photo Credit: Reuters Chicago soybean prices rose more than 2% on Monday (August 11, 2025) after U.S. President Donald Trump said he hoped China would quadruple its soybean orders from the United States. China is the largest soy importer in the world, but…
Capital expenditure (capex) goes towards creation of fixed assets, such as roads and bridges, irrigation structures, schools, hospitals, along with investments made in Public Sector Undertakings. | Photo Credit: Getty Images/iStockphoto Tamil Nadu is among the States which saw a decline in capital expenditure in the first quarter of 2025-2026. Capital expenditure (capex) goes towards creation…
The story so far: On August 6, U.S. President Donald Trump announced a whopping 25% penalty tariff on Indian goods for India’s import of Russian oil. This was on top of the 25% reciprocal tariffs announced on July 31 after Indian and U.S. negotiators failed to reach a Free Trade Agreement (FTA). Also Read |…
Image used for representative purpose only. | Photo Credit: Reuters The government is expected to soon announce support measures under the proposed ₹2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. “We are in dialogue with exporters to see how we can support them…
The United States imposed 25% reciprocal tariffs on India’s exports with effect from August 7. On August 6, the U.S. imposed a penal levy of an additional 25% on India’s exports because India continued to import oil from Russia and this comes into effect on August 29, 2025. The two taken together can weaken India’s…
Union Finance Minister Nirmala Sitharaman speaks in Lok Sabha during the Monsoon Session of the Parliament, in New Delhi | Photo Credit: ANI/Sansad TV Finance Minister Nirmala Sitharaman on Friday (August 8, 2025) withdrew the Income Tax Bill, 2025, in the Lok Sabha, and the government will come out with an updated version of the…
FIIs offloaded equities worth ₹4,997.19 crore on August 7, 2025, according to exchange data. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty tumbled on Friday (August 8, 2025) amid non-stop foreign fund outflows and tariff-related jitters. The 30-share BSE Sensex tanked 765.47 points or 0.95% to settle at 79,857.79. During the…
Kerala Finance Minister K.N. Balagopal | Photo Credit: S. MAHINSHA Kerala’s Finance Minister K.N. Balagopal on Friday (August 8, 2025) said the United States of America (USA)‘s punitive tariffs on India could send shock waves through Kerala’s economy. He said U.S. President Donald Trump’s “tariff bullying”, ostensibly to punish India for importing crude from Russia,…
