The Government has set up a committee to examine the tax and export clearance issues being faced by manufacturing units and suggest measures to further streamline the system amid high tariffs imposed by the U.S., an official has said. The Committee includes representatives from the Finance Ministry, Department for Promotion of Industry and Internal Trade … Read more
The Securities and Exchange Board of India’s (SEBI) framework to increase intraday position limits of index equity derivatives at an entity level will enhance monitoring and makes manipulation difficult, experts said. “A lower intraday cap would have constrained trading activity and hurt liquidity. The chosen limit gives market makers and institutional players the room to … Read more
The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. File. | Photo Credit: PTI The free trade agreement between India and four-European nation bloc EFTA, which will come into force from October 1, will have legally binding provisions on trade and sustainable development, Switzerland said on Wednesday (September 3, … Read more
India’s coffee heartland, comprising Chikmagaluru, Coorg and Hassan districts of Karnataka, has been pounded by incessant rains, besides extreme cold weather and lack of sunlight in the past more than three months, resulting in heavy damage to coffee plantations and an estimated production loss of up to 30%, according to the Karnataka Planters Association (KPA). … Read more
Highlighting the devastating impact of the Pahalgam terror attack on the economy of Jammu and Kashmir, Chief Minister Omar Abdullah on Wednesday (September 3, 2025) sought the Centre’s support to deal with the situation. The Union Territory (UT) was facing a severe fiscal crisis as its public revenues had “collapsed” in the aftermath of … Read more
Image for representational purposes only. | Photo Credit: Getty Images/iStockphoto RIR Power Electronics Ltd. is expected to commence “full-fledged” commercial production of electronic chips by March next year, Principal Secretary in the Electronics and Information Technology Department of the Government of Odisha Vishal Dev told The Hindu. In an interaction at the sidelines of the … Read more
SEBI on July 4 temporarily barred Jane Street from the local market on allegations that it manipulated India’s key indexes, in one of the strongest actions it has taken against a foreign investor. File. | Photo Credit: Reuters Jane Street on Wednesday (September 3, 2025) filed a case against India’s markets regulator which has accused … Read more
Forex traders said the rupee is trading near all-time low levels amid persistent foreign fund outflows on the back of ongoing trade tariff concerns between India and the U.S. File | Photo Credit: Reuters The rupee recovered 9 paise from its all-time low level to settle at 88.06 (provisional) against the U.S. dollar on Wednesday … Read more
But the center of its most advanced manufacturing remains in Taiwan [File] | Photo Credit: REUTERS U.S. President Donald Trump’s administration has revoked Taiwanese semiconductor giant TSMC’s authorisation to export U.S. chipmaking equipment to China without a license, further restricting access to US technology in the country. The move comes as the U.S. Commerce Department … Read more
Union Finance Minister Nirmala Sitharaman will chair the 56th GST Council meeting on September 3. File. | Photo Credit: PTI The GST Council is the governing body for Goods and Services Tax implementation in India, comprising representatives from both the central and state governments. The GST Council consists of 33 members from the Central Government … Read more