The 30-share BSE Sensex jumped 676.09 points or 0.84% to settle at 81,273.75. File. | Photo Credit: PTI Stock markets rose sharply on Monday (August 18, 2025), with Sensex closing higher by 676 points and Nifty climbing 1% on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in…
At the interbank foreign exchange market, the rupee opened at 87.46 against the U.S. dollar, and touched an intraday low of 87.48 and a high of 87.33 and settled at 87.36 (provisional). File. | Photo Credit: Reuters The rupee appreciated 23 paise to close at 87.36 (provisional) against the U.S. dollar on Monday (August 18,…
As many as 23% of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday (August 18, 2025). Out of 56.03 crore PMJDY accounts at the end of July 31, 2025, 13.04 crore such accounts are inoperative, he said in a written…
Union Finance Minister during the monsoon session of Parliament in New Delhi. File | Photo Credit: PTI/Sansad TV Finance Minister Nirmala Sitharaman will on Wednesday (August 20, 2025) address a crucial meeting of a group of ministers of States as she makes a case for the sweeping GST reforms that will slash tax rates and…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark indices Sensex and Nifty surged in early trade on Monday (August 18, 2025), buoyed by plans for big bang reforms in the GST regime by Diwali and S&P upgrading India’s sovereign credit rating. Auto, consumer discretionary and consumer durables stocks propelled…
Image used for representation purpose only. | Photo Credit: Reuters The rupee edged higher by 20 paise to 87.39 against the U.S. dollar in early trade on Monday (August 18, 2025), amid a positive trend in domestic equities. Forex traders said the uncertainty over the trade tariffs issue between India and the U.S. is likely…
The story so far: E20 petrol, which contains 20% ethanol and is being sold by Indian oil refiners, has been much in the news lately. India has achieved its target to blend 20% ethanol per litre of fuel five years ahead of the target under the National Policy on Biofuels. Ethanol blending in India rose…
‘Sovereignty and global engagement can power the modern Indian economy’ | Photo Credit: Getty Images/iStockphoto India’s digital trade compact with the United Kingdom breaks new ground. Chapter 12 of the India-U.K. Comprehensive Economic and Trade Agreement (CETA) sets out a bargain that trades some oversight tools for access, credibility and scale. The trade-off has sparked…
Representative image | Photo Credit: Getty Images/iStockphoto The new GST regime previewed by Prime Minister Narendra Modi in his Independence Day address would be consumer-centric, with particular emphasis on the poor, the MSMEs, the middle class and the farmers, senior government sources said on Sunday (August 17, 2025). The new two-tier Goods and Services Tax…
On August 11, 2025, the central government implored India’s seafood industry, that provides livelihoods to about 28 million people, to “bravely face” the U.S.’s tariffs of 25% that kicked in on August 7, 2025 and which could be raised to 50% on August 27, 2025, contingent upon the outcome of trade negotiations. On August 13,…
