Growth in core sector activity slows to 2% in July as fossil fuels drag but steel & cement rise

Within the Index, the coal sector saw the largest contraction, of 12.3%, in July 2025. Representational file image. | Photo Credit: Getty Images Growth in industrial activity in India’s eight core industries slowed to 2% in July 2025, dragged down by contractions in the fossil fuel categories, according to data released on Wednesday (August 20,…

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FM Sitharaman addresses GoMs, explains the importance of the Centre’s GST proposals

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…

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Online gaming Bill introduced in Lok Sabha, industry bodies protest prohibition of real-money games

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…

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Nifty, Sensex decline in early trade after four-day rally in-line with weak Asian peers

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…

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GST rate rationalisation is welcome, but States’ revenues must be protected: Karnataka Revenue Minister Byre Gowda

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…

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