Business News: Economy & Markets

GST reforms may offset tariff impact, India remains fastest-growing economy: Fitch Solutions' BMI

IANS | August 28, 2025 10:47 AM

New Delhi, Aug 28 (IANS) The upcoming Goods and Services Tax (GST) reforms, which aim to cut rates and boost private consumption, could offset the US tariff impact, BMI, a Fitch Solutions company, said on Thursday, adding that India is likely to remain one of the fastest-growing emerging market economies in Asia through this decade.

US tariff's lead to slash in seafood production by 50 pc in TN

IANS | August 28, 2025 10:12 AM

Chennai, Aug 28 (IANS) The seafood export sector in Tamil Nadu is reeling under pressure after the US imposed steep tariffs on Indian marine imports from August 27, forcing several companies to cut production by almost half.

Govt extends import duty exemption on cotton till Dec 31

IANS | August 28, 2025 9:55 AM

New Delhi, Aug 28 (IANS) The government on Thursday said it has temporarily exempted the import duty on cotton till December 31, 2025.

Adani Portfolio EBITDA crosses Rs 90,000 crore for 1st time, Q1 EBITDA at record high

IANS | August 28, 2025 9:51 AM

Ahmedabad, Aug 28 (IANS) The Adani Portfolio EBITDA reached Rs 90,572 crore on a trailing 12-month basis for the first time -- up 10 per cent year-on-year -- with Q1 FY26 EBITDA also reaching a record high at Rs 23,793 crore, the Adani Group said on Thursday.

Sensex, Nifty open sharply lower amid tariffs concerns, IT stocks lead losses

IANS | August 28, 2025 9:48 AM

Mumbai, Aug 28 (IANS ) After remaining shut for a day on account of Ganesh Chaturthi, the domestic benchmark indices opened in the red on Thursday after the US imposed 50 per cent tariffs on Indian goods.

Trump tariffs 'small slice' of Indian economy, opportunity to broaden markets: Expert

Nayan Seth | August 28, 2025 8:49 AM

Washington, Aug 28 (IANS) Richard Rossow, a leading expert on India-US economic ties and the Chair of India and Emerging Asia Economics at the Centre for Strategic and International Studies (CSIS), has said that Washington's punitive measures would not have a considerable impact on India's growth but still present the country with a "unique opportunity" to diversify its markets and usher in major domestic reforms.

Govt focused on creating next-gen infra, empowering street vendors: PM Modi

IANS | August 27, 2025 10:41 PM

New Delhi, Aug 27 (IANS) Prime Minister Narendra Modi on Wednesday said that the government’s focus on connectivity and next-gen infrastructure is reflected yet again in the Cabinet decision pertaining to multi-tracking of three projects benefitting Karnataka, Telangana, Bihar as well as Assam and “for a new railway line in remote areas of Kutch in Gujarat”.

Govt, private sector can keep tariff disruptions to a minimum: FinMin Economic Review

IANS | August 27, 2025 9:54 PM

New Delhi, Aug 27 (IANS) While near-term risks to economic activity, principally exports and capital formation remain due to tariff-related uncertainties, the government and the private sector, acting in tandem and concert, can keep the disruptions to a minimum, the Finance Ministry’s ‘Monthly Economic Review’ said on Wednesday.

UIDAI urges schools to ensure timely Aadhaar biometric updates for children

IANS | August 27, 2025 8:28 PM

New Delhi, Aug 27 (IANS) The Unique Identification Authority of India (UIDAI) on Wednesday urged schools across the country to actively support the timely completion of Mandatory Biometric Updates (MBU) in Aadhaar for children, especially in the crucial age groups of five and fifteen years.

Adani Agri hikes procurement price of apples by 12.5 pc to Rs 90 per kg in Himachal

IANS | August 27, 2025 7:51 PM

New Delhi, Aug 23 (IANS) Adani Agri Fresh Limited (AAFL) announced on Wednesday that it has increased the price of apples it is procuring from farmers of Himachal Pradesh by 12.5 per cent to Rs 90 per kg for the large-medium-small (LMS) grade of top-quality fruit this year from Rs 80 last year.

Business

GST reforms may offset tariff impact, India remains fastest-growing economy: Fitch Solutions' BMI

US tariff's lead to slash in seafood production by 50 pc in TN

Govt extends import duty exemption on cotton till Dec 31

Adani Portfolio EBITDA crosses Rs 90,000 crore for 1st time, Q1 EBITDA at record high

Sensex, Nifty open sharply lower amid tariffs concerns, IT stocks lead losses

Trump tariffs 'small slice' of Indian economy, opportunity to broaden markets: Expert

Govt focused on creating next-gen infra, empowering street vendors: PM Modi

Govt, private sector can keep tariff disruptions to a minimum: FinMin Economic Review

UIDAI urges schools to ensure timely Aadhaar biometric updates for children

Adani Agri hikes procurement price of apples by 12.5 pc to Rs 90 per kg in Himachal

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