Science & Tech News: Innovations

Net revenue shortfall from GST revamp to be cushioned by higher RBI dividend transfer

IANS | September 5, 2025 5:10 PM

New Delhi, Sep 5 (IANS) The net revenue shortfall from GST rationalisation is estimated at 0.1 per cent of GDP for this fiscal year, to be cushioned by the higher RBI dividend transfer, a report said on Friday, adding that the GST rationalisation is a timely and positive step to support economic momentum, particularly amid persistent external headwinds.

‘No fear, just beauty’: Astronomer calls Sept 7 lunar eclipse a rare celestial spectacle

IANS | September 5, 2025 5:05 PM

New Delhi, Sep 5 (IANS) The upcoming lunar eclipse on Sunday (September 7) will be a rare astronomical alignment, a leading astronomer said.

GST rate cut will counter US tariff hike, India to keep buying Russian oil: FM Sitharaman

IANS | September 5, 2025 5:04 PM

New Delhi, Sep 5 (IANS) Finance Minister Nirmala Sitharaman said on Friday that the GST rate cut would spur growth in the economy which would offset the drag due to the adverse impact of the US tariff hike on Indian exports. She also said that India would continue to buy Russian oil because of economic considerations as crude was the costliest item in the country’s import bill.

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.

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.

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.

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.

Ola Electric’s shares nosedive after SoftBank trims stake

IANS | September 5, 2025 1:40 PM

New Delhi, Sep 5 (IANS) Shares of Ola Electric Mobility dropped nearly 8 per cent on Thursday’s intra-day trading session after Japanese investment giant SoftBank cut its stake in the electric scooter maker through open market deals.

Revenue of India Inc to go up 7 pc as GST cut spurs demand: Report

IANS | September 5, 2025 1:24 PM

New Delhi, Sep 5 (IANS) The revenue of India Inc. will likely grow 6-7 per cent during the current financial year because of the reduction in the goods and services tax (GST) rates. The reductions will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates, according to a Crisil Intelligence Report released on Friday.

science-tech

Net revenue shortfall from GST revamp to be cushioned by higher RBI dividend transfer

‘No fear, just beauty’: Astronomer calls Sept 7 lunar eclipse a rare celestial spectacle

GST rate cut will counter US tariff hike, India to keep buying Russian oil: FM Sitharaman

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

Notification on handling goods stocked under higher GST slabs soon

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

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

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

Ola Electric’s shares nosedive after SoftBank trims stake

Revenue of India Inc to go up 7 pc as GST cut spurs demand: Report

LATEST NEWS

Gaten Matarazzo reveals which 'Stranger Things' co-stars he constantly keeps texting

‘Stay in your domain’: Gambhir slams ‘IPL team owner’ after ODI series win

'Sardar@150' Unity March culminates; Vice Prez Radhakrishnan hails Patel's legacy of national integration

Arif Khan links Sardar Patel to Shankaracharya’s mission, urges reclaiming India’s civilisational identity

Madhuri Dixit stuns in her Sonepuri silk saree, carries 'quiet grace on every fold'

Vinesh Phogat flays WFI for not allowing Nirmala Boora to take part in national trials

Julia Roberts and Sean Penn Bond speak up on their bond, cancel culture’

3rd ODI: Team looked at me more proudly after winning the toss, says K.L. Rahul as India beat SA to win series 2-1

Katy Perry goes Instagram official about relationship with Justin Trudeau

Diljit Dosanjh gorges on this classic Punjabi delicacy as mercury drops across north India