IBT Business Desk

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Trump declares 'Antifa' a 'major terrorist organisation' days after Charlie Kirk assassination

US Federal Reserve cuts interest rate by 0.25 pc, balancing curbing inflation

Announcing the cut that brings the benchmark interest rate to the 4 per cent to 4.25 per cent range on Wednesday (local time), the Fed indicated that two more cuts could be on the way this year. Although Chairman Jerome Powell had steadfastly held the rate since the last rate cut in December because he feared a resurgence of inflation, the slowing job growth wore him down. Sep 18, 2025
Markets rebound after 4-day losing streak, Sensex gains 317 points

Sensex, Nifty make strong gains amid positive cues after US Fed rate cut

The Federal Reserve resumed interest rates cut cycle by reducing rates by 25 basis points to a target range of 4.0-4.25 per cent, citing shifting risk dynamics in the economy. Fed officials projected two additional rate cuts this year, forecasting rates to reach 3.50-3.75 per cent by the end of 2025. Sep 18, 2025
Centre to help ITIs become AI-driven training centres: FM Sitharaman

Centre to help ITIs become AI-driven training centres: FM Sitharaman

Addressing the Indian Foundation for Quality Management's (IFQM) second annual symposium in the national capital, Sitharaman said that the government has been focussed on skilling and upskilling for the last two to three years and has made provisions for it in the annual budgets. Sep 18, 2025
After GST rate cut, govt waives mandatory re-labelling of medicines

After GST rate cut, govt waives mandatory re-labelling of medicines

"All manufacturers/ marketing companies selling drugs/ formulations shall revise the Maximum Retail Price (MRP) of drugs/formulations (including medical devices). The manufacturers/ marketing companies shall issue a revised price list or supplementary price list to dealers and retailers for display to consumers, and to State Drug Controllers and the Government, reflecting the revised GST rates and revised MRP," the NPPA said. Sep 16, 2025
ITR filing deadline extended by a day to Sep 16

ITR filing deadline extended by a day to Sep 16

Taking to X late on Monday night, Income Tax India, which is the official account of the Income Tax Department, wrote: "KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. Sep 16, 2025
Stock market ends flat; auto shares surge as IT and FMCG decline

Sensex, Nifty settle slightly lower amid mixed global cues

Sensex settled at 81,785.74, down 118.96 points or 0.15 per cent. The 30-share index started the session flat at 81,925.51 against the last session's closing of 81,904.70. The index remained range-bound, hitting intraday high and low at 81,998.51 and 81,744.70, respectively. Sep 15, 2025
Reserve Bank of India (RBI)

Low inflation to give RBI space to cut rates by 50 bps this year: Report

"The benign trend in headline CPI is likely to be perpetuated further by disinflationary impulses from low food prices, GST rate cuts and lack of input price pressures. As such, we expect headline CPI to average at 2.4 per cent year-on-year in FY26, allowing the RBI to cut rates by 25 bps (0.25 per cent) each in October and December," the report stated. Sep 15, 2025
Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Prices of 22-carat gold have climbed from Rs 97,406 to Rs 1,00,492 per 10 grams, while 18-carat gold has risen from Rs 79,754 to Rs 82,280 per 10 grams. Silver prices also gained significantly, rising by Rs 4,838 during the review period. The white metal now trades at Rs 1,28,008 per kg, up from Rs 1,23,170. Sep 14, 2025