Business News: Economy & Markets

Cabinet okays restructuring & extension of PM’s Street Vendors’ Scheme till 2030

IANS | August 27, 2025 3:45 PM

New Delhi, Aug 27 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the restructuring and extension of the Prime Minister’s Street Vendors’ AtmaNirbhar Nidhi (PM SVANidhi) Scheme until March 31, 2030, with a total outlay of Rs 7,332 crore, with the restructured scheme aiming to benefit 1.15 crore beneficiaries, including 50 lakh new, a cabinet communique said.

GST Council may end compensation cess by October 31

IANS | August 27, 2025 3:39 PM

New Delhi, Aug 27 (IANS) The Goods and Services Tax Council, scheduled to meet on September 3, will likely discuss ending the compensation cess by October 31, ahead of schedule.

State-run firms pay big dividends; Coal India, PFC lead the pack

IANS | August 27, 2025 3:08 PM

Mumbai, Aug 27 (IANS) Public sector companies have once again proved to be attractive for investors seeking steady income, as many of them announced hefty dividend payouts over the past 12 months.

India has 56.75 lakh registered EVs till February 2025: Govt

IANS | August 27, 2025 3:01 PM

New Delhi, Aug 27 (IANS) India has been making significant progress in the transition to green energy and electrification as the nation has a total of 56.75 lakh registered electric vehicles (EVs) till February this year, according to government data.

CCI approves PSA India takeover, V.I.P. Industries stake deal

IANS | August 27, 2025 2:35 PM

New Delhi, Aug 27 (IANS) The Competition Commission of India (CCI) on Wednesday approved two significant acquisitions, strengthening business activity across the maritime and consumer goods sectors.

Vizhinjam Port emerges as South Asia’s new maritime powerhouse: Kerala Ports Minister

IANS | August 27, 2025 2:28 PM

Thiruvananthapuram, Aug 27 (IANS) Kerala’s Vizhinjam International Port has crossed a historic milestone in record time, positioning itself as a global player in maritime trade, state Ports Minister V.N. Vasavan said on Wednesday.

CCI approves acquisition of Jaiprakash Associates Ltd by Adani Group entities

IANS | August 27, 2025 2:23 PM

New Delhi, Aug 27 (IANS) The Competition Commission of India has approved the acquisition of Jaiprakash Associates Limited by Adani Group Entities.

India, South Korea bolster strategic ties around security, trade, supply chain

IANS | August 27, 2025 2:12 PM

New Delhi, Aug 27 (IANS) South Korean Foreign Minister Cho Hyun's recent visit to India enhanced bilateral cooperation in areas like technology, security and economic collaboration, as both countries marked 10 years of their Special Strategic Partnership.

Trump tariffs a shock therapy India needs to break free of dependence: Economists

IANS | August 27, 2025 1:53 PM

New Delhi, Aug 27 (IANS) The extreme US tariffs are nothing less than "economic blackmail", but they may also be the shock therapy India needs to break free of complacency and dependence, economists have stressed.

German firm may drop Chinese turbine deal for North Sea wind farm

IANS | August 27, 2025 1:43 PM

New Delhi, Aug 27 (IANS) Hamburg-based asset manager Luxcara is likely to cancel a deal with Chinese company Ming Yang Smart Energy for its Waterkant offshore wind farm in the North Sea.

Business

Cabinet okays restructuring & extension of PM’s Street Vendors’ Scheme till 2030

GST Council may end compensation cess by October 31

State-run firms pay big dividends; Coal India, PFC lead the pack

India has 56.75 lakh registered EVs till February 2025: Govt

CCI approves PSA India takeover, V.I.P. Industries stake deal

Vizhinjam Port emerges as South Asia’s new maritime powerhouse: Kerala Ports Minister

CCI approves acquisition of Jaiprakash Associates Ltd by Adani Group entities

India, South Korea bolster strategic ties around security, trade, supply chain

Trump tariffs a shock therapy India needs to break free of dependence: Economists

German firm may drop Chinese turbine deal for North Sea wind farm

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