Rising for the fourth consecutive day, benchmark stock indices Sensex and Nifty closed higher on Tuesday following gains in oil major Reliance Industries and Tata Motors amid prevailing optimism over sweeping GST reforms and easing geopolitical worries. Photograph: Francis Mascarenhas/Reuters
India is aiming to become a global hub for green hydrogen exports, eyeing nearly 10 per cent of the worldwide demand by 2030, Union Minister Shripad Yesso Naik said on Tuesday. Photograph: Benoit Tessier/Reuters Addressing FICCI Green Hydrogen Summit 2025,
Bihar’s economy is expected to grow to $1.1 trillion by 2046-47, considering the state’s huge underlying potential, a report by industry body CII said on Tuesday. IMAGE: Bihar’s chief minister and leader of Janata Dal United party Nitish Kumar. Photograph:
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the Eighth Pay Commission dole-out, is likely to push consumption-driven stocks — such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG),
A report prepared by Hurun, that compiles rich lists, in association with Barclays, catalogued the cities in which India’s billionaires live. The first few are no-brainers. But not all Indian billionaires prefer Mumbai or Delhi…. Image reimagined using ChatGPT by
The rate of unemployment in the country declined to 5.2 per cent in July from 5.6 per cent in June, a government survey said on Monday. Illustration: Uttam Ghosh The unemployment rate (UR) in May was also 5.6 per cent,
The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre’s proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. Illustration: Dominic
‘The state governments of Gujarat, Maharashtra and Tamil Nadu will be encouraged to consider measures of their own as the employment and economy in such export-oriented states will be affected.’ Kindly note the image has been posted only for representational
Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India’s sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Illustration: Dominic Xavier/Rediff
Taiwanese electronics giant Foxconn’s Bengaluru factory, its second-largest manufacturing unit, has commenced operation with production of iPhone 17 recently at a small scale, sources aware of the development said. Photograph: Reuters Foxconn is the largest manufacturer of iPhones, and the
