US Commerce Secretary Lutnick escalates rhetoric on India

IANS | September 5, 2025 9:17 PM

Washington, Sep 5 (IANS) US Commerce Secretary Howard Lutnick escalated his rhetoric on the prevailing trade tensions with India, saying that New Delhi “does not yet want to open its market and “it should stop being a part of BRICS.”

GST 2.0 set to unlock volume growth for FMCG sector: Report

IANS | September 5, 2025 6:55 PM

New Delhi, Sep 5 (IANS) The fast-moving consumer goods (FMCG) sector stands at the cusp of a structural reset as the GST Council has rolled out GST 2.0, with the reform simplifying the existing four-tier structure into two slabs – 5 per cent and 18 per cent – with a 40 per cent rate reserved for sin and luxury goods, a report said on Friday.

SpiceJet swings to Rs 234 crore loss in Q1, revenues fall over 34 pc

IANS | September 5, 2025 6:17 PM

Mumbai, Sep 5 (IANS) Budget airline SpiceJet on Friday slipped into the red in the April–June quarter (Q1) of FY26, reporting a consolidated net loss of Rs 234 crore compared to a net profit of Rs 158 crore in the same period previous financial year (Q1 FY25).