Business News: Economy & Markets

India’s bioeconomy leaps from just $10 bn to $165.7 bn in 10 years

IANS | September 5, 2025 4:53 PM

New Delhi, Sep 5 (IANS) Over the past decade, India has emerged as one of the fastest-growing bioeconomies in the world, with the sector expanding to $165.7 billion in 2024 from just $10 billion in 2014. With an ambitious target of $300 billion by 2030, the bioeconomy is steadily becoming a cornerstone of India’s sustainable growth and innovation, driven by advancements in biotechnology, agricultural innovation, biomanufacturing, and healthcare.

‘GST reform biggest since Independence, Cong made tall promises but did nothing in 10-year rule’: Piyush Goyal

IANS | September 5, 2025 4:46 PM

New Delhi, Sep 5 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Friday hailed the latest reforms in the Goods and Services Tax (GST) structure as “the biggest economic reform since Independence,” crediting Prime Minister Narendra Modi for fulfilling a long-awaited vision to simplify India’s tax system.

Notification on handling goods stocked under higher GST slabs soon

IANS | September 5, 2025 4:17 PM

New Delhi, Sep 5 (IANS) Union Commerce Minister Piyush Goyal on Friday said the government would soon notify a transitional arrangement on handling goods already stocked under the higher goods and services tax (GST) slabs.

Stock market ends flat; auto shares surge as IT and FMCG decline

IANS | September 5, 2025 4:02 PM

Mumbai, Sep 5 (IANS) The Indian equity indices ended flat after a volatile session on Friday as investors showed a mixed approach amid weak global cues.

Abril Paper Tech shares list at 20 pc discount, leaving investors with big losses

IANS | September 5, 2025 3:55 PM

Mumbai, Sep 5 (IANS) Abril Paper Tech made a weak stock market debut on Friday, listing at Rs 48.80 on the BSE SME platform, about 20 per cent lower than its issue price of Rs 61.

GST overhaul a significant shift toward consumption-led growth: Report

IANS | September 5, 2025 3:30 PM

New Delhi, Sep 5 (IANS) The Goods and Services Tax (GST) overhaul, which comes into effect from September 22, is a significant shift aimed at stimulating growth through consumption-led strategies, especially as indirect taxes are regressive in nature, a report said on Friday.

Indore-bound Air India Express flight lands safely after mid-air engine issue

IANS | September 5, 2025 3:14 PM

New Delhi, Sep 5 (IANS) An Indore-bound Air India Express flight from Delhi suffered a mid-air engine fault on Friday, prompting the pilots to make a ‘PAN-PAN’ call to Air Traffic Control before landing safely with all passengers unharmed.

India’s diesel exports to Europe double in August

IANS | September 5, 2025 3:12 PM

New Delhi, Sep 5 (IANS) India’s diesel exports to Europe have more than doubled in August as buyers stepped up purchases to secure supplies at lower prices ahead of the European Union ban on fuels refined from Russian crude that will kick in from January 2026, according to market analysts.

Wish to spread awareness about electric mobility among citizens, especially youth: Maha minister

IANS | September 5, 2025 2:32 PM

Mumbai, Sep 5 (IANS) Maharashtra Transport Minister Pratap Sarnaik said on Friday that he has taken the delivery of Tesla car to spread awareness about electric mobility among citizens, especially the younger generation.

GST reforms to moderate CPI inflation in range of 65-75 bps over FY26-27

IANS | September 5, 2025 2:06 PM

New Delhi, Sep 5 (IANS) The GST reforms can moderate CPI inflation in the range of 65-75 bps over FY26-27, an SBI report has said, adding that the simpler GST 2.0 system unleashes plethora of benefits in the form of consumption boost primarily from the middle class, low inflation, ease of business and ease of living.

Business

India’s bioeconomy leaps from just $10 bn to $165.7 bn in 10 years

‘GST reform biggest since Independence, Cong made tall promises but did nothing in 10-year rule’: Piyush Goyal

Notification on handling goods stocked under higher GST slabs soon

Stock market ends flat; auto shares surge as IT and FMCG decline

Abril Paper Tech shares list at 20 pc discount, leaving investors with big losses

GST overhaul a significant shift toward consumption-led growth: Report

Indore-bound Air India Express flight lands safely after mid-air engine issue

India’s diesel exports to Europe double in August

Wish to spread awareness about electric mobility among citizens, especially youth: Maha minister

GST reforms to moderate CPI inflation in range of 65-75 bps over FY26-27

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