Business news

Budget 2025-26: CII seeks cut in income tax, 3-tier Customs duty to spur growth

Finance Act 2025 provides substantial relief under new tax regime: Minister

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no additional burden of direct taxes on the working and middle-class population of the country, Minister of State for Finance, Pankaj Chaudhary, told the Lok Sabha in a written reply. Aug 4, 2025
Sensex, Nifty open flat as investors await RBI's repo rate decision

Indian stock market rallies, Sensex jumps 418 points

Sensex closed at 81,018.72, up 418.81 points or 0.52 per cent. The 30-share index started the session with a decent gap-up at 80,765.83 against the last day's closing of 80,599.91. The index extended the momentum further following buying in IT, Metal and auto stocks and touched an intraday high of 81,093.19. Aug 4, 2025
Indian startups raise $184.75 million this week

India's BHASKAR Platform Already Registers 1.97 Lakh Startups and Still Counting

The government is undertaking various outreach and awareness measures for BHASKAR across States/UTs to understand the requirement and experience of key user stakeholders, including small and micro-enterprises, said Minister of State for Commerce and Industry, Jitin Prasada, in a written reply in the Rajya Sabha. Aug 2, 2025
NSDL IPO issue oversubscribed by 15 times

NSDL IPO issue oversubscribed by 15 times

Non-institutional investors (NII) led the subscription race, overbooking their reserved section nearly 20 times. Employees booked their reserved portion nearly 10 times, while Retail Individual Investors (RII) subscribed nearly six times. QIBs subscribed to their allocated portion over three times. Aug 1, 2025
Centre aims to collect Rs 900 crore for BSNL, Rs 4,573 crore for MTNL via asset monetisation in FY26

Centre aims to collect Rs 900 crore for BSNL, Rs 4,573 crore for MTNL via asset monetisation in FY26

Union Minister of State for Communications, Pemmasani Chandra Sekhar, told the Rajya Sabha in a reply to a question that the assets monetisation is being done as per the revival packages approved by the Union Cabinet. The minister emphasised that there is no plan to shut down BSNL and MTNL, and the "proceeds of asset monetisation are being used in accordance with the approvals of the Union Cabinet". Jul 31, 2025
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