The journey of Goods and Services Tax (GST) implementation has entered a major new stage with the latest restructuring of tax slabs, a move expected to pass on over ₹2 lakh crore in tax benefits to consumers. With this, the GST compensation cess stands abolished as it merges with the regular tax, marking the end…
The timing of the U.K. sanctions is significant, coming days after U.K. Prime Minister Keir Starmer led a large trade delegation to Mumbai and U.K.-India relations appeared to touch a new high. (picture for representational purposes only) | Photo Credit: YORUK ISIK The British government has sanctioned the Vadinar (Jamnagar) oil refinery owned by Nayara…
Representational image of a bronze sculpture of a bull on the premises of the Bombay Stock Exchange (BSE) building | Photo Credit: Reuters Equity markets ended sharply higher on Thursday (October 16, 2025), with the benchmark Sensex rising 862.23 points and the Nifty scaling 25,585.30 level, tracking a rally in global markets amid US Fed…
Minister of Commerce and Industry Piyush Goyal, during the India-Brazil Business Dialogue, in New Delhi on October 16, 2025 | Photo Credit: PTI India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the U.S., Oman, and the EU, Commerce and Industry…
Image for representation only | Photo Credit: Getty Images Rising for the second straight session, the rupee surged 21 paise to close at 87.87 (provisional) against the U.S. dollar on Thursday (October 16, 2025), buoyed by a softer American currency against major currencies and renewed risk-on sentiment among investors. Forex traders said that likely intervention…
In this image posted on October 12, 2025, Commerce Secretary Rajesh Agrawal during a meeting. | Photo Credit: PTI Negotiations on the free trade agreement (FTA) between India and the European Union are facing issues relating to market access, regulatory cooperation and agricultural sensitivities, The Hindu has learnt. Separately, Commerce Secretary Rajesh Agrawal said that…
Infosys had logged a net profit of ₹6,506 crore in the same period a year ago. File | Photo Credit: Reuters IT company Infosys on Thursday (October 16, 2025) posted a 13.2% increase in consolidated net profit at ₹7,364 crore for the second quarter ended September 30, 2025. The company had logged a net profit…
Gold price today October 16 | Photo Credit: AMIT DAVE Gold prices in India have seen an upward trend today, October 16, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed, city-by-city breakdown of today’s gold prices….
Gold prices on Thursday (October 16, 2025) surged by ₹1,185 to scale an all-time high of ₹1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the $4,250 per ounce globally, driven by expectations of interest rate cuts by the U.S. Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity…
Image used for representative purpose only. | Photo Credit: Reuters The rupee appreciated 40 paise to 87.68 against the U.S. dollar in early trade on Thursday (October 16, 2025), primarily driven by central bank intervention, a softer dollar index. Forex traders said other supportive factors like positive domestic equities, lower crude oil prices and renewed…
