Insurers hopeful of reduction in GST on health, life premiums

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech on Friday, announced GST relaxations aimed at providing relief

Lemon Tree Hotels’ subsidiary wins DDA bid to develop 5-star Aurika hotel in Delhi’s Nehru Place

Hospitality chain Lemon Tree Hotels Ltd on Friday (August 15) said its material subsidiary, Fleur Hotels Ltd, has received a Letter of Award from the Delhi Development Authority on August 14, 2025, after being declared the successful bidder for the

GST reforms, Putin-Trump meeting to US Fed rate cut: Top five factors that may dictate Indian stock market next week

Indian stock market next week: The Indian stock market finally snapped a six-week losing streak as extreme oversold conditions and supportive global cues lifted investor sentiment. The Nifty and Sensex ended the week with gains of around 1%, though momentum

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources

India falls out of favour, optimism returns for China: BofA survey

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement. Illustration: Uttam Ghosh The pullback comes amid deepening concerns

Pre-tariff rush to US lifts exports by 7% in July

India’s goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country’s reciprocal tariff kicked in and bolstered

Business as usual: India buys 2 mn bpd Russian oil in August

India’s purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. Photograph: Sergei Karpukhin/Reuters/span> As much as 38 per cent out of an estimated 5.2

Mahindra reveals 4 new SUVs on NU_IQ platform, production to start in 2027

On Independence Day, Mahindra & Mahindra unveiled its future SUV roadmap, presenting its Global Vision 2027 and debuting four striking design concepts built on its new NU_IQ modular, multi-energy platform. The four concepts – Vision.S, Vision.T, Vision.SXT and Vision.X –

Nuvama retains ‘buy’ on this multibagger renewable energy stock, sees 38% upside

Nuvama Institutional Equities has reaffirmed its ‘Buy’ rating on Inox Wind, a leading wind energy player and peer of Suzlon Energy, while lowering the 12-month target price from ₹236 to ₹190 per share. The revised target still implies a potential

Less than one-third of new-age Indian IPOs beat market benchmarks: Report

India’s 25 venture capital and private equity backed “new-age” companies, that listed between May 2020 and June 2025, reveals a sobering reality behind the hype: barely a third have delivered sustained outperformance against the market. Illustration: Dominic Xavier/Rediff According to