Business news

Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

The market sustained its positive momentum, supported by strong domestic inflows. Sensex ended the session at 81,857.84, up 213.45 points or 0.26 per cent. The 30-share index opened with a marginal gain at 81,671.47 against last session's closing of 81,644.39.

Aug 20, 2025

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman speaks during a meeting

GST 2.0 to unleash consumption boost, higher tax revenue, lower inflation

"The average revenue loss could come around Rs 85,000 crore. For FY26, it could be at Rs Rs 45,000 crore. Overall headline revenue loss likely to contained with a concomitant shift in sin goods from 28 per cent slab to 40 per cent slab," the report mentioned.

Aug 20, 2025

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Nifty, Sensex slip marginally in early trade amid mixed global cues

The NSE's benchmark index Nifty had rallied 364 points in the last three days on the back of positive announcements relating to GST reforms, likely to be implemented before Diwali.

Aug 20, 2025

Flipkart Seller Summit tied to national MSME push; Prahlad Joshi calls it a platform for self-reliance

Flipkart concluded its 2025 Delhi Seller Summit with over 3,000 entrepreneurs, where Union Minister Prahlad Joshi praised the platform's role in empowering MSMEs and balancing consumer welfare with industry growth.

Aug 19, 2025

Include mobile phones in 5 pc GST slab of essential goods: Industry

Include mobile phones in 5% GST slab of essential goods: Industry

"The mobile phone is no longer an aspirational good; it is an essential digital infrastructure for education, healthcare, financial inclusion, and governance. It should rightly be taxed at 5 per cent GST, in line with the Prime Minister's GST reform agenda and his vision of a $500 billion electronics ecosystem," said Pankaj Mohindroo, Chairman, ICEA.

Aug 19, 2025

Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

Indian stock market rally continues, Sensex jumps 370 points

Sensex settled at 81,644.39, up 370 points or 0.46 per cent. The 30-share index started the session with a decent gap-up at 81,39.11 against last session's closing of 81,273.75. Continuing the last session's gaining momentum, the index touched an intra-day high at 81,755.88, buoyed by buying in auto, FMCG, oil and gas and others.

Aug 19, 2025

Sensex, Nifty trade flat after mild early losses; realty stocks gain

Nifty, Sensex open higher amid positive buzz on GST reforms

Sensex gained 195.01 points or 0.24 per cent in the morning session to touch 81,468, while Nifty 50 rose by 46.30 points or 0.19 per cent to 24,923.

Aug 19, 2025

Average daily UPI transactions reach Rs 90,446 crore by value in August

"The share of peer-to-merchant (P2M) transactions in total value transactions has increased from mere 13 per cent in Jun 2020 to 29 per cent in July 2025. During the same period, the share in volume has increased to 64 per cent from 39 per cent, indicating robust growth in digital payments and financial inclusion," said the report.

Aug 18, 2025

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

Adani Group refutes reports that is has been allotted land by Assam govt

The Adani Group on Monday dismissed reports in a section of the media that it has been allotted land by the Assam government for a cement plant in the state, terming them baseless, false, and misleading.

Aug 18, 2025

Govt's 40% GST 'Sin Tax' to make smoking, online gaming more expensive

India's GST 2.0 reform may impose a flat 40% sin tax on cigarettes and online gaming, pushing up consumer costs despite a simplified structure.

Aug 18, 2025

117 people arrested for fake GST registrations in 2 fiscal years: Minister

Over 100 people arrested for fake GST registrations in 2 fiscal years: Minister

Two special drives against fake Input Tax Credit and fake registrations were launched during the financial year 2023-24 and 2024-25 in coordination between the state and Central GST administrations, Minister of State for Finance, Pankaj Chaudhary, said in a written reply to a question in Lok Sabha.

Aug 18, 2025

No proposal to impose transaction charges on UPI payments, reiterates Centre

Unified Payment Interface (UPI) transactions are facilitated by the National Payment Corporation of India (NPCI), and its circular (dated 30.08.2019) had permitted the acquiring banks to charge Merchant Discount Rate (MDR) at 0.30 per cent of the transaction value.

Aug 18, 2025

Indian stock market opens lower amid fresh US tariff concerns

Bengaluru, Mumbai, Delhi among top 15 global prime residential markets: Report

Despite a global cooling in prime residential price growth — averaging 2.3 per cent annually compared to 3.5 per cent in Q1 2025 — Indian cities remain resilient, reflecting strong demand, limited prime supply, and sustained wealth creation in urban centres, Knight and Frank said in its report.

Aug 18, 2025

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GST reforms booster: Sensex surges 676 points, Nifty gains 245 points

Sensex closed at 81,273.75, up 676.09 points or 0.84 per cent. The 30-share index opened the session with a huge gap-up at 81,315.79 against last session's closing of 80,597.66. Buoyed by overall buying post the GST reform announcement, the index touched an intraday high at 81,765.77.

Aug 18, 2025

GST rationalisation: Cars, two-wheelers likely to get cheaper ahead of Diwali

Currently, all passenger vehicles are subject to a GST of 28 per cent plus a compensation cess of 1 per cent to 22 per cent based on engine capacity, length, and body type, raising the total tax payable to as much as 50 per cent. Electric cars are taxed at 5 per cent with no compensation cess.

Aug 18, 2025