Business News: Economy & Markets

GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers

IANS | June 30, 2025 2:10 PM

New Delhi, June 30 (IANS) The Goods and Services Tax (GST), widely hailed as one of the biggest economic reforms in post-Independence India, will on Tuesday complete eight years of its success story, with collections soaring to a record Rs 22.08 lakh crore in 2024-25, marking a year-on-year growth of 9.4 per cent, with the number of taxpayers in its ambit surging past 1.51 crore.

India poised to emerge as centre of gravity in new world economic order: Anand Mahindra

IANS | June 30, 2025 12:28 PM

Mumbai, June 30 (IANS) The USA’s shift toward de-globalisation may ironically lead to a new avatar of globalisation that is multi-polar, regional, and driven by domestic imperatives for which India is well-positioned to emerge as one of the new centres of gravity, industrialist Anand Mahindra has said.

Finance Minister Sitharaman begins Spain, Portugal and Brazil visit to showcase India's growth story

IANS | June 30, 2025 12:24 PM

New Delhi, June 30 (IANS) Union Finance Minister Nirmala Sitharaman began an official visit to Spain, Portugal and Brazil from Monday to July 5 (Saturday), the Ministry said on Monday.

Number of new firms registered in India clocks 29 pc jump in May

IANS | June 30, 2025 12:09 PM

New Delhi, June 30 (IANS) The number of new companies registered in India surged by 29 per cent year-on-year in May this year to 20,718, reflecting the acceleration in economic activity, according to the latest monthly bulletin released on Monday by the Ministry of Corporate Affairs.

India will continue to be fastest growing economy, even perform better: FM Sitharaman

IANS | June 30, 2025 12:00 PM

New Delhi, June 30 (IANS) India will continue to be the fastest-growing economy at the current rate of growth — or even better — and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala Sitharaman said on Monday.

Inflation to average 3.2 pc in FY26, to boost mass consumption: Report

IANS | June 30, 2025 11:11 AM

New Delhi, June 30 (IANS) Supported by favourable weather conditions, inflation is projected to average 2.5 per cent over the next six months. According to an HSBC report released on Monday, a high base effect from the past three years, coupled with robust cereal production, is expected to keep food inflation in India subdued for an extended period.

More Indians now invest in equities as financialization of household savings rises: SBI

IANS | June 30, 2025 10:14 AM

New Delhi, June 30 (IANS) The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research report said on Monday.

Adani Green surpasses 15,000 MW of RE capacity to drive India's green resurgence

IANS | June 30, 2025 9:36 AM

Ahmedabad, June 30 (IANS) Adani Green Energy Limited (AGEL) on Monday said it has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW.

Indian stock market opens flat, Sensex above 84,000

IANS | June 30, 2025 9:35 AM

Mumbai, June 30 (IANS) The Indian benchmark indices opened flat on Monday amid positive global cues, as buying was seen in the PSU bank and IT sectors in the early trade.

‘Persistent warm temperature’ in cabin forces Air India Tokyo-Delhi flight to divert to Kolkata

IANS | June 29, 2025 10:00 PM

New Delhi, June 29 (IANS) In a series of continuing technical snags, Air India flight AI 357, operating from Japan to Delhi, made a precautionary diversion to Kolkata due to persistent warm temperature experienced in the cabin, the airline said on Sunday.

business

GST enters 8th year after rollout with record collections, thumbs up from 85 pc taxpayers

India poised to emerge as centre of gravity in new world economic order: Anand Mahindra

Finance Minister Sitharaman begins Spain, Portugal and Brazil visit to showcase India's growth story

Number of new firms registered in India clocks 29 pc jump in May

India will continue to be fastest growing economy, even perform better: FM Sitharaman

Inflation to average 3.2 pc in FY26, to boost mass consumption: Report

More Indians now invest in equities as financialization of household savings rises: SBI

Adani Green surpasses 15,000 MW of RE capacity to drive India's green resurgence

Indian stock market opens flat, Sensex above 84,000

‘Persistent warm temperature’ in cabin forces Air India Tokyo-Delhi flight to divert to Kolkata

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