GoM nods govt’s proposal of two-slab GST of 5, 18%

The GoM of state ministers on GST rate rationalisation on Thursday accepted the Centre’s proposal to move to a two-slab structure of 5 and 18 per cent. Illustration: Dominic Xavier/Rediff Bihar Deputy Chief Minister and convenor of rate rationalisation GoM

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Stock markets extended the winning run to the sixth consecutive day on Thursday, with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. Photograph: ANI Photo The 30-share BSE Sensex climbed

Dividend Stocks: 10 PSU stocks with the highest yield

From Coal India to the power financier PSU stocks REC and PFC, these 10 stocks currently have the highest dividend yield. By Meghna Sen   August 21, 2025, 3:56:48 PM IST (Published) Continue Reading Note To Readers Disclaimer: The views and

Sterling firms against dollar after strong business activity data

August 21(Reuters) – Sterling gained against the dollar on Thursday after a survey showed that British businesses are having their best month in a year due to a rebound in the services sector, while investors also kept their focus on

RMG Cos Stunned By Ban Bill

What has surprised the industry is that the Bill has been tabled without any consultation.Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue. Kindly note the image have only been

Govt for nil GST on insurance premium for individuals

The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Illustration: Uttam Ghosh Currently, health and life insurance premium attracts 18 per

X’mas toys may get costly for US kids

For kids in the United States, the tariff imposed by the Donald Trump administration on countries like China may no longer be a child’s play, as toy prices are predicted to touch record highs this Christmas season. Photograph: Vanessa O’Connell/Reuters

UltraTech Cement to sell up to 6.5% stake in India Cements via OFS

The board of UltraTech Cement Ltd. on Wednesday, August 20, approved the sale of up to 2.01 crore equity shares of India Cements, representing a 6.49% stake in the company. The stake sale will be carried out through an offer

Gold hovers near three-week lows before Jackson Hole summit

(Reuters) – Gold ticked up on Wednesday but hovered near three-week lows, as investors looked towards the Federal Reserve’s July meeting minutes and the Jackson Hole, Wyoming symposium of central bankers this week for cues on further rate cuts. Spot

India@79: Rising Economy, Lingering Gaps

India is set to become the world’s fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation. Illustration: Dominic Xavier/Rediff India marked its 79th Independence Day on