Business news

Stock market ends volatile session slightly lower ahead of GST Council meet

Sensex closed at 80,157.88, down 206.61 points or 0.26 per cent. The 30-share index started the session with a decent gap-up at 80,520.09 against last session's closing of 80,157.88, buoyed by the affirmative SCO summit and strong GST collection data. The index escalated further to touch an intra-day high at 80,761.14; however, it fell into negative territory amid profit booking.

Sep 2, 2025

Markets rebound after 4-day losing streak, Sensex gains 317 points

Globtier Infotech's shares tank 20 pc on market debut, investors suffer big losses

The stock opened at Rs 57.60 against the IPO price of Rs 72, leaving investors with immediate losses of Rs 14.40 per share. For those who invested the minimum two lots, the listing translated into a loss of around Rs 46,080.

Sep 2, 2025

Jan 1, 1970

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

The proposals to move various items from the 12 per cent and 18 per cent GST slabs to the 5 per cent slab or to the nil GST category aim to reduce the tax burden for households and boost spending. GST council plans to overhaul the rate structure, replacing the current four-rate structure with a two-rate structure.

Sep 2, 2025

BSE warns investors about four unregistered entities offering stock tips, seeking confidential data

Entities, including Money Talks with Payal, NSE Stock Pro, PTS Prabhat Trading, and PTS Prabhat Trading Service, which are active on Telegram and Instagram, are providing securities market tips to investors or assured/guaranteed returns on investment in the stock market, an official release said.

Sep 2, 2025

Jan 1, 1970

States to get Rs 10 lakh crore in SGST, Rs 4.1 lakh crore via devolution despite rate rejig

This is because of the unique revenue-sharing architecture of the tax. First, GST is shared equally between the Centre and the States, with each receiving 50 per cent of the collections. Second, under the mechanism of tax devolution, 41 per cent of the Centre's share flows back to the states.

Sep 2, 2025

Trump says no tariffs on gold imports, extends China tariff deadline

Gold, silver ETFs rally on US Fed rate cut expectations, festive demand

Spot gold had touched $3,493.10 per ounce, approaching its April record of $3,500.05 at market close. The December gold futures rose to $3,546.10 per ounce and silver reached $40.84 per ounce, marking its highest point since 2011.

Sep 2, 2025

Jan 1, 1970

Indian stock market opens lower amid mixed global cues

Sensex, Nifty open marginally higher ahead of key GST meet

Among sectoral indices, the Nifty media was the top gainer, rising 0.82 per cent, followed by Nifty Oil & Gas, which gained 0.34 per cent each. Nifty FMCG advanced 0.20 per cent. All other indices were in red, with Nifty IT losing 0.42 per cent.

Sep 2, 2025

GST meet, auto sales, GDP data and global cues to drive stock market next week

India's earnings peak still ahead due to GST reforms, macro fundamentals; strong case to re-rate: Report

There is a strong case for re-rating India as it becomes the world's most sought-after consumer market, it will undergo a major energy transition, credit to GDP will rise, and manufacturing could gain share in GDP, global investment bank and financial advisory firm, Morgan Stanley, said in a report.

Sep 1, 2025

India projected to see GDP growth of 6.5 pc in FY26: S&P Global Ratings

India's growth to remain healthy in FY26 amid robust domestic consumption, govt spending

"A healthy monsoon will support the agriculture sector and rural incomes. Monsoon has progressed well so far, at 106 per cent of the long period average as on August 28. Kharif sowing is up 3.4% on-year as on August 22," said the Crisil report.

Sep 1, 2025

Sensex, Nifty open with gains as potential rate cut in US boosts sentiment

Sensex gains 335 points, Nifty above 24,500 as IT stocks lead rally

Market sentiment was buoyed by a US court ruling, declaring that the US President Donald Trump's tariffs were mostly illegal but maintained them until mid-October, and better-than-anticipated June-quarter GDP data.

Sep 1, 2025

UPI transactions surpass 20 billion for 1st time in Aug valued at Rs 24.85 lakh crore

In August, UPI transactions reached 20.01 billion mark, registering a 2.8 per cent increase over July (19.47 billion). On the annual basis, this is a 34 per cent increase In terms of value, UPI recorded transactions worth Rs 24.85 lakh crore during August, up 24 per cent on-year, the data showed.

Sep 1, 2025

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Business news

Stock market ends volatile session slightly lower ahead of GST Council meet

Globtier Infotech's shares tank 20 pc on market debut, investors suffer big losses

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

BSE warns investors about four unregistered entities offering stock tips, seeking confidential data

States to get Rs 10 lakh crore in SGST, Rs 4.1 lakh crore via devolution despite rate rejig

Gold, silver ETFs rally on US Fed rate cut expectations, festive demand

Sensex, Nifty open marginally higher ahead of key GST meet

India's earnings peak still ahead due to GST reforms, macro fundamentals; strong case to re-rate: Report

India's growth to remain healthy in FY26 amid robust domestic consumption, govt spending

Sensex gains 335 points, Nifty above 24,500 as IT stocks lead rally

UPI transactions surpass 20 billion for 1st time in Aug valued at Rs 24.85 lakh crore

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]