Prime Minister Narendra Modi lauded the GST Council's overhaul of the Goods and Services Tax (GST) regime, calling it 'GST 2.0' and a significant boost for national growth. He highlighted the simplification of the tax system and the introduction of new rates.
Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).
The Madras High Court has directed Air India to pay Rs 35,000 to a passenger who suffered health complications after consuming food containing hair on a flight. The court partly allowed Air India's appeal against a lower court's order for a larger compensation.
Of the two rate structures on the table, one suggests tax slabs of 8 per cent, 16 per cent, and 24 per cent. The other proposes tax slabs at 9 per cent, 18 per cent, and 27 per cent.
Vimal Khumar and Pradosh Ranjan Paul struck massive hundreds as Tamil Nadu piled up 399 for two against Nagaland on the opening day of their Ranji Trophy Elite Group A match in Dimapur on Saturday.
Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
Players from the other teams who could push the Men in Blue to the limit.
China's ruling Communist Party is holding its annual leadership conclave to discuss the new five-year plan, the impact of US President Donald Trump's tariff war, and the ongoing anti-corruption crackdown in the military.
The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.
For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.
Several fast-moving consumer goods (FMCG) companies have said that they would pass on the full benefit of goods and services tax (GST) rate cuts to consumers starting September 22. Dairy major Mother Dairy, on Tuesday, announced rate cuts in products spanning its portfolio-- from milkshakes to paneer and jams to frozen products under its Safal brand.
Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.
Among Sensex firms, Maruti zoomed the most by 8.94 per cent. Bajaj Finance rallied over 5 per cent, UltraTech Cement by 3.71 per cent, and Bajaj Finserv by 3.7 per cent. Mahindra & Mahindra, Hindustan Unilever and Trent were also among the gainers. However, ITC was the biggest loser, dropping by 1.26 per cent. Eternal, Tech Mahindra and Larsen & Toubro also declined.
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
Among Sensex firms, Mahindra & Mahindra climbed 2.34 per cent, followed by Maruti which climbed 1.70 per cent. Power Grid, Reliance Industries, Bharti Airtel and Eternal also were also among the gainers. However, ITC, HCL Tech, Tata Consultancy Services, Tech Mahindra and Infosys were among the laggards.
Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 105,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets.
More Indians start car shopping online, pushing automakers and dealers to respond quickly, train staff, and use AI to turn clicks into showroom visits.
Automotive (auto) stocks have been among the best performers in the BSE 200 index in recent months. More than half of the top 15 gainers over the past one, two, and three months have come from the sector.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
HAL aims to raise output from the current ceiling of 24 aircraft a year to 30 by the end of 2027
Congress MP Shashi Tharoor on Sunday said the Special Intensive Revision (SIR) exercise being conducted by the Election Commission of India (ECI) was 'essential', as electoral rolls were not perfect.
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.
A deep dive into Trump's new policy and what it means for Indian professionals and companies.
The National Democratic Alliance's vice presidential candidate C P Radhakrishnan was felicitated at a meeting of the ruling bloc's MPs in the presence of Prime Minister Narendra Modi and other Union ministers. He is expected to file his nomination soon.
'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions, aimed at easing the current liquidity tightness in the banking system, will begin on Friday, with a notified amount of Rs 50,000 crore.
Only a limited set of investors should invest directly in corporate bonds.
Dr Arush Sabharwal, bariatric and metabolic surgeon at SCOD (Surgical Centre for Obesity and Diabetes) Clinic, explains how choosing certain foods can help boost your metabolism.
'Employers increasingly want candidates who can take AI pilots from proof-of-concept to production-ready systems.' 'That requires governance, monitoring, and ROI measurement -- skills that go beyond coding and into business impact.'
Given the stronger rural activity, and potential goods and services tax (GST) impact, investors are bullish on the two-wheeler (2W) segment. In August, dealers in the domestic market picked up 11 per cent more 2Ws year-on-year (Y-o-Y), despite only 2 per cent growth in retail registrations. This indicates inventory stocking ahead of the festival season. Export trends were good. TVS Motor and Royal Enfield may have gained domestic market share.
'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'
The Calcutta High Court ruled that seeking a new job, even with a competitor, is a basic right and not moral turpitude. The court directed a company to pay an employee's gratuity dues after withholding them on this basis.
As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter's outperformance this year. In the current calendar year (CY25), spot gold prices in dollar terms rallied
