Despite corporate bond yields hardening by 20-25 basis points, Indian corporates are not warming up to bank funding for their capital expenditure needs as bank lending rates remain elevated due to the higher cost of liabilities, compared to current rates in the debt capital market.
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. At present, the Goods and Services Tax (GST) follows a four-tier structure with rates of 5 per cent, 12, 18, and 28 per cent.
China's Foreign Minister Wang Yi expressed China's anticipation for Prime Minister Narendra Modi's visit to the Shanghai Cooperation Organisation (SCO) summit, emphasizing the importance of strong India-China relations and mutual cooperation.
The top two teams from the Super 4s will progress to the summit clash, and a draw would be enough for India to seal their place in Sunday's final.
'AAIB preliminary report was more detailed than most people were expecting.'
China has expressed surprise over India's clarification regarding its stance on Taiwan, following reported comments by External Affairs Minister S Jaishankar. Beijing claims India's position is inconsistent with facts and undermines China's sovereignty.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
It took 10 Premier League games for the first cracks to appear in Manchester City's facade last season, but Pep Guardiola got a much earlier reminder of his side's fall from grace on Saturday in another defeat to Tottenham Hotspur.
India had beaten China 4-3 in their campaign opener on Friday.
"We are contributing about 18 per cent, which is more than the US where the contribution is expected to be much less -- about 11 per cent or something. We are doing very well and we will continue to improve further," RBI governor Sanjay Malhotra said, replying to a question on Trump's recent comments.
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players.
How well will Shubman Gill fit in the T20 team? Is it a gamble by the selectors in order to unite captaincy across formats? asks Harish Kotian.
'While the President has been critical of India, he has gone out of his way to compliment PM Modi. They have an incredible relationship.'
While Jannik Sinner and French Open champion Carlos Alcaraz have won the last seven major titles between them, the Italian cautioned against complacency and pointed to the strength of competition in the ATP Tour.
The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.
After retiring from international hockey in 2012, Abbas kept a low profile. He took up his first coaching role as an assistant coach for penalty corners with the Malaysia national team in October 2024.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
Former women's World champion Susan Polgar believes Indian chess is riding a wave of success and predicted a bright future for the sport in the country.
The rhythmic chants of pilgrims have been replaced with frantic footsteps of those looking for their loved ones in the wake of a disastrous landslide on the route to the Mata Vaishno Devi shrine which has claimed 34 lives till now.
Carlos Alcaraz won the Cincinnati Open after top seed Jannik Sinner retired while trailing 5-0 in the first set of their final on Monday.
Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns.
Commercial banks in India reported 26 per cent year-on-year (Y-o-Y) growth in slippages at Rs 63,000 crore during the first quarter ended June 2025 (Q1FY26). This was predominantly due to stress in microfinance and unsecured retail portfolios of select lenders.
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.
The Bombay High Court has directed activist Manoj Jarange and his supporters, who are staging an agitation demanding reservation for the Maratha community, to vacate Azad Maidan in Mumbai by 3 pm or face action.
Parliament has approved a resolution to extend President's Rule in Manipur for another six months, amidst opposition protests regarding electoral roll revisions in Bihar. The extension comes after the imposition of President's Rule in February due to ongoing ethnic conflict.
Prime Minister Narendra Modi and Chinese President Xi Jinping vowed to work towards a "fair, reasonable, and mutually acceptable" resolution of the festering boundary issue and pledged to work towards stabilising global trade.
The growing caution among hospitals is being driven by a rise in double-extortion ransomware attacks, AI-enabled phishing, deepfake fraud, and vulnerabilities in connected medical devices.
The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
Prime Minister Narendra Modi on Friday said it is important for India and China to work together to bring stability to the world economic order as he asserted that New Delhi is ready to advance bilateral ties from a strategic and long-term perspective based on mutual respect, mutual interest and mutual sensitivity.
Heavy rains across India have led to widespread flooding, causing damage to infrastructure, displacement of residents, and disruption of normal life. Rescue efforts are underway in affected areas.
India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.
'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'
Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.
Novak Djokovic's battling victory under the lights of Arthur Ashe Stadium made him the oldest man to reach the last 16 at the US Open.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs 2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs 2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakm, and Sunsilk.
Blood pressure management is no longer just about a number on a chart
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