Business news

Jan 1, 1970

Stock market continues positive momentum ahead of Fed rate cut, bank stocks jump

Stock market ends higher amid buying in banking, metal stocks

The Nifty extended its pullback for the second straight session, crossing above its key 50-DMA at 24,830 and forming a bullish candle on the daily chart. After last week's steep decline, the index displayed signs of recovery by closing above the 24,800 mark, said analysts.

Oct 3, 2025

Milk, electronics, LPG lead GST-related consumer grievances on NCH

CCPA's analysis revealed that GST rate was reduced from 28 per cent to 18 per cent on TVs, monitor, dishwashing machines, ACs as part of GST reforms. Goods such as laptops, refrigerator, washing machine etc are already at 18 per cent.

Oct 3, 2025

India's growth firmly anchored in domestic factors amid global volatility: FM Sitharaman

"We are in a shifting global landscape which resembles a zero-sum approach. Indian economy is resilient and continues to grow sustainably," FM Sitharaman said while delivering an inaugural address at the 'Kautilya Economic Conclave 2025' in the national capital.

Oct 3, 2025

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Sensex, Nifty open lower over sustained FII selling

The broad cap indices, Nifty Midcap 100 and Nifty Smallcap 100, inched up 0.22 and 0.14 per cent respectively. Tata Steel, Axis Bank, Kotak Mahindra Bank, Tata Motors and Asian Paints were among major gainers on the Nifty pack, while losers included Max Healthcare, Bajaj Finance, Shriram Finance and ICICI Bank, among others.

Oct 3, 2025

Over 150 products may see rate cut in GST Council meet this week

GST 2.0: Empowering livelihoods and growth in Uttar Pradesh

Lower tax rates are expected to improve affordability for households, ease working-capital pressures on artisans, and strengthen MSME competitiveness in both domestic and global markets, according to an official statement issued on Thursday.

Oct 2, 2025

SBI sees inflation below RBI projections, calls it a regulatory policy too

SBI highlighted that several domestic factors are easing price pressures, such as the good progress of the monsoon, higher kharif sowing, strong reservoir levels, adequate foodgrain stocks, and the recent rationalisation of GST rates.

Oct 2, 2025

RBI MPC decisions break 8-day losing streak, Sensex surges 715 points

Sensex ended the session at 80,983.31, up 715.69 points or 0.89 per cent. The 30-share index started the session a bit lower at 80,159.90 against last session's closing of 80,267.62. However, the index turned positive and had a sharp rally after post RBI announced to maintain the status quo on repo rate. The index touched an intraday high of 81,068.43.

Oct 1, 2025

RBI slashes inflation forecast to 2.6 pc in FY26 over GST reforms, benign food prices

RBI Governor Sanjay Malhotra said that "The recently implemented GST rate rationalisation would lead to a reduction in prices of several items in the CPI basket. Overall, the inflation outcome is likely to be softer than what was projected in the August monetary policy committee resolution, primarily on account of the GST rate cuts and benign food prices."

Oct 1, 2025

RBI rolls out more steps to internationalise the rupee

"For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard," RBI Governor Sanjay Malhotra said.

Oct 1, 2025

RBI doubles IPO loan limit, allows up to Rs 25 lakh financing per investor

The central bank has decided to allow banks to finance acquisitions by Indian corporates, while also easing restrictions on lending against shares and debt securities. Governor Sanjay Malhotra, after the Monetary Policy Committee (MPC) meeting, said that the RBI will put in place an enabling framework to help banks provide loans for acquisitions.

Oct 1, 2025

Gold price stays elevated buoyed by US shutdown risks, rate-cut bets

Precious metals remained volatile on Tuesday, with gold and silver slipping from early highs as traders booked profits. Later in the evening session, both metals recovered from their intraday lows as hedging activity increased.

Oct 1, 2025

India Inc. credit ratio rose to 2.56 times in H1FY26: Report

While small-sized auto ancillaries and dealers, chemical manufacturers, small Finance Banks (SFBs) and NBFCs exposed to microfinance and unsecured business loans saw the highest downgrades amid pricing pressures and asset-quality concerns.

Oct 1, 2025

UPI transactions see 31 pc growth at 19.63 billion in September: NPCI data

In August, the UPI transactions had crossed 20 billion for the first time in its history. UPI had earlier achieved a record of crossing 700 million transactions in a single day on August 2.

Oct 1, 2025

RBI MPC meet: Expect next rate cut in December, says Goldman Sachs' analyst

nvestors await the Reserve Bank of India's monetary policy decision on Wednesday, in hopes for a potential lending rate cut. Sengupta said that the RBI's stance will be impacted by the uncertain trade policy and external headwinds, despite a strong domestic growth outlook.

Sep 30, 2025