Union Finance Minister Nirmala Sitharaman. File. | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman on Wednesday (August 20, 2025) addressed the three Groups of Ministers set up by the Goods and Services Tax (GST) Council to emphasise the importance of the Centre’s proposed reforms to the GST system, including the rate rationalisation efforts. The…
Among Sensex firms, Infosys surged the most by 3.88 per cent on August 20, 2025, followed by Tata Consultancy Services, which climbed 2.69 per cent | Photo Credit: PTI Benchmark BSE Sensex closed higher by 213 points on Wednesday (August 20, 2025), extending its rally to the fifth consecutive day on heavy buying in IT…
Union Information Broadcasting Minister Ashwini Vaishnaw speaks in Lok Sabha. File | Photo Credit: Sansad TV/ANI Video Grab A Bill seeking to prohibit and regulate online gaming was introduced in the Lok Sabha on Wednesday (August 20, 2025) amid Opposition protests over electoral roll revision in Bihar. Union Minister Ashwini Vaishnaw introduced the Bill as…
From the Sensex firms, Bajaj Finance, Tata Motors, Trent, Bajaj Finserv, Kotak Mahindra Bank and Tata Motors were among the laggards. However, Eternal, Bharti Airtel, Infosys and NTPC were among the gainers. | Photo Credit: The Hindu Equity benchmark indices declined in early trade on Wednesday (August 20, 2025) after a four-day rally tracking weak…
Karnataka Revenue Minister Krishna Byre Gowda. File photo: Special Arrangement Reforms in the Goods and Services Tax (GST) regime with rate rate rationalisation is a welcome move, but State governments are concerned with the impact of the same on the revenues accruing to them, according to Karnataka Revenue Minister Krishna Byre Gowda. Speaking to The…
In early August, U.S. President Donald Trump announced that imports from India to the U.S. will be charged tariffs at 50%. This includes a 25% penalty for India’s oil purchases from Russia. The U.S. tariffs bring challenges to the Indian economy. What are the policy options for India? Tariffs are the taxes levied on imports…
In May this year, the Ministry of Finance released India’s draft Climate Finance Taxonomy for public consultation. As a foundational tool, the taxonomy aims to mobilise climate-aligned investments, prevent greenwashing, and clarify for investors which sectors, technologies and practices contribute to mitigation, adaptation, or transition. Importantly, the document calls itself a “living” framework, adaptable to…
Representational file image. | Photo Credit: Reuters The Standing Committee on Finance has recommended that the Government consider an action plan to evenly distribute industries across all States, for “more balanced and equitable economic development”, it said in a report submitted to the Lok Sabha. This comes at a time when the Congress has accused…
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite and Hong Kong’s Hang Seng settled lower. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty advanced on Tuesday (August 19, 2025), marking their fourth consecutive day of gains, mainly driven by Reliance Industries and Tata Motors. Rising for…
Foreign Institutional Investors bought equities worth ₹550.85 crore on August 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee appreciated 40 paise to close at 86.99 (provisional) against the U.S. dollar on Tuesday (August 19, 2025), supported by optimism over GST restructuring and positive domestic equity markets. Forex traders said rupee…
