Business News: Economy & Markets

GST 2.0: Six key reforms that could shape the second decade of tax regime

IANS | August 29, 2026 5:09 PM

New Delhi, Aug 29 (IANS) The 57th meeting of the GST Council could mark an important phase in the evolution of India's indirect tax regime, with the focus expected to move beyond rate rationalisation towards reducing litigation, strengthening input tax credit protections, resolving legacy credit issues and using technology to create a more predictable compliance framework, a report said on Saturday.

APSEZ Mundra receives ‘Legend (Emerging)’ award for environmental sustainability

IANS | August 29, 2026 4:51 PM

Ahmedabad, Aug 29 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ), Mundra, has been recognised for its pro-environmental efforts with the ‘Legend (Emerging)’ award in the Environmental Sustainability category at the 21st EXCEED Environment Awards 2026.

Union Bank to challenge NCLT approval of Subhash Chandra insolvency plan

IANS | August 29, 2026 4:18 PM

Mumbai, Aug 29 (IANS) Union Bank of India is set to challenge the National Company Law Tribunal's (NCLT) approval of a resolution plan in the personal insolvency proceedings against Essel Group Chairman Subhash Chandra, according to a statement issued on Saturday.

India's sustainable aviation fuel can achieve cost parity with jet fuel by 2036: Report

IANS | August 29, 2026 4:01 PM

New Delhi, Aug 29 (IANS) India's sustainable aviation fuel (SAF) industry could achieve cost parity with conventional jet fuel by 2036 with domestic production offering greater protection from currency fluctuations and global commodity price volatility, a report has said.

Bangladesh gas crisis highlights logistics weakness, concentration risk: Report

IANS | August 29, 2026 3:41 PM

New Delhi, Aug 29 (IANS) Bangladesh’s gas crisis amounts to a logistics failure and a huge supply shortfall, with total availability around 2,420 million cubic feet per day (MMcfd) in mid‑August against national demand of about 3,800 MMcfd, a new report has said.

Gold posts nearly 1.86 pc weekly dip over hawkish stance of US Fed Reserve

IANS | August 29, 2026 2:29 PM

New Delhi, Aug 29 (IANS) Gold prices dipped nearly 1.86 per cent as markets digested higher‑than‑expected inflation data and a hawkish debut speech by US Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium.

Apparel exporters urge Piyush Goyal to regulate cotton yarn exports amid price surge

IANS | August 29, 2026 2:21 PM

New Delhi, Aug 29 (IANS) India's apex apparel exporters body -- Apparel Export Promotion Council (AEPC) -- on Saturday urged Union Commerce and Industry Minister Piyush Goyal and Union Textiles Minister Giriraj Singh to take suitable measures to regulate cotton yarn exports amid a sharp rise in prices, saying competitive availability of the key raw material is essential for strengthening India's value-added garment exports.

Strong capex, manufacturing growth drive India's industrial output in July: Experts

IANS | August 29, 2026 1:40 PM

New Delhi, Aug 29 (IANS) India's industrial activity remains resilient with strong manufacturing and investment-led growth cushioning economy against global uncertainties, economists and experts said on Saturday after latest Index of Industrial Production (IIP) data showed a 6.7 per cent year-on-year rise in July.

India's industrial activity stays robust, consumption recovery seen ahead: Report

IANS | August 29, 2026 1:17 PM

New Delhi, Aug 29 (IANS) India's industrial production remained healthy, registering growth of 6.7 per cent in July 2026, compared with 5.4 per cent in July 2025 and the growth was driven by stronger manufacturing and electricity generation, a report said on Saturday.

India-Kyrgyzstan relations witnessing a renaissance, PM Modi visit to open new avenues: Tourism Minister

IANS | August 29, 2026 11:14 AM

Bishkek/New Delhi, Aug 29 (IANS) India and Kyrgyzstan are witnessing a renaissance in bilateral relations, with cooperation expanding across political, economic, investment, education, culture and tourism sectors, Kyrgyzstan’s Tourism Minister Eduard Kubatov said on Saturday, expressing confidence that Prime Minister Narendra Modi’s upcoming visit will further deepen the partnership.

Business

GST 2.0: Six key reforms that could shape the second decade of tax regime

APSEZ Mundra receives ‘Legend (Emerging)’ award for environmental sustainability

Union Bank to challenge NCLT approval of Subhash Chandra insolvency plan

India's sustainable aviation fuel can achieve cost parity with jet fuel by 2036: Report

Bangladesh gas crisis highlights logistics weakness, concentration risk: Report

Gold posts nearly 1.86 pc weekly dip over hawkish stance of US Fed Reserve

Apparel exporters urge Piyush Goyal to regulate cotton yarn exports amid price surge

Strong capex, manufacturing growth drive India's industrial output in July: Experts

India's industrial activity stays robust, consumption recovery seen ahead: Report

India-Kyrgyzstan relations witnessing a renaissance, PM Modi visit to open new avenues: Tourism Minister

LATEST NEWS

Formula 1: Antonelli storms from 19th to win Italian Grand Prix

Indian pharma sector must lead in research and development, new molecules, biotech: Piyush Goyal

Dominant South Africa claim tri-series title after outclassing Zimbabwe by 48 runs

In UP’s Hardoi, Har Ghar Jal beneficiaries share transition from water shortages to potable water availability

Duleep Trophy: Chief selector Ajit Agarkar watches final after missing BCCI review meeting

GST Council meeting postponed to October 7

Election in Bangladesh reduced to rubber-stamp exercise: Report

Afghanistan Foreign Minister, UNHCR representative discuss Afghan refugees' return

When Hrithik Roshan revealed why makeup is essential to bringing a character to life

Duleep Trophy: Want to show leg-spinners can succeed in red-ball cricket, says Shreyas Gopal