Page 310 - BS Premium

Fed is independent, but could markets be right about Trump's push for cuts?

Trump's push for democratic control of the Fed and its independence are not mutually exclusive

The false promise of SCO: No panacea for India's geopolitical challenges

India's enthusiastic participation in the SCO summit hosted by China was meant to signal to Washington that New Delhi has other options

IT, ITes, electronics industries welcome GST reforms strengthening exports

Nasscom and the electronics manufacturing industry have welcomed the GST reforms, highlighting the positive impact on exports, ease of doing business, and future opportunities for digital inclusion

IndusInd Bank refutes ex-CFO Gobind Jain's allegations against chairman

IndusInd Bank has rejected allegations made by its former CFO, Gobind Jain, against Chairman Sunil Mehta, calling the claims meritless and part of an attempt to deflect accountability

Luxury car buyers may get 5-8% price benefit: Mercedes-Benz India MD & CEO

Mercedes-Benz India MD & CEO Santosh Iyer says GST rationalisation will boost festive sales, with buyers set to gain 5-8% price benefit

Semicon India 2025: GlobalFoundries to support companies under DLI scheme

At Semicon India 2025, GlobalFoundries announced it will support companies under India's DLI scheme by providing access to design kits, wafer fabrication, and engineering resources

GST overhaul may reshape ecommerce strategy ahead of festival season

The simplified two-tier GST structure is expected to boost festive season sales by 15-20% as e-commerce platforms prepare for a surge in demand

GST hike to make premium air travel costlier; IATA expresses disappointment

GST on Premium Economy, Business, and First class air travel rises to 18%, while economy fares remain unchanged. IATA expresses disappointment, warning of negative effects on India's aviation sector

Vedanta Group's Invenia aims for growth in data centre, system integration

edanta Group's Invenia Tech, the demerged digital infrastructure arm of Sterlite Technologies, plans to drive growth through fiber deployment, system integration, and data centre projects

₹950 crore subsidy to boost EV adoption, infra expansion in Uttar Pradesh

The state registered sales of about 370,000 electric vehicles in FY25, ahead of Maharashtra (240,000), Karnataka (170,000) and Tamil Nadu (132,000)

Heavy rainfall hits Kharif crops in Rajasthan in the last fortnight

Major crops such as moong, bajra, maize, soybean, groundnut, and cotton are most impacted

Centre approves 60,000 tonnes of urea for Chhattisgarh amid shortage

The state government has said it is addressing supply chain issues and promoting alternative fertilisers, due to the shortfall of diammonium phosphate (DAP) and urea

Thaw in India-China relations set to boost foreign tourist arrivals

Direct flights resumption, tourists visas to provide tailwinds for Indian travel and tourism sector

Diwali travel costs spike as airfares rise 52% on weak rupee, capacity cut

Airfares for Diwali week 2025 are up to 52 per cent higher year-on-year, with rupee weakness raising costs and aircraft shortages cutting flight capacity across routes

New-age reality check: NSO set to reboot industrial activity codes

MoSPI drafts NIC-2025 to classify emerging activities from ashwagandha farming to drone toys and digital tutoring, aligning with UN ISIC standards

India's office market speeds up institutionalisation with more Reits ahead

India's office real estate is shifting from fragmented ownership to institutionalisation with rising Reit penetration, global investors, and growing demand from multinational occupiers

From boon to bane: How monsoon 2025 is turning into a nightmare for many

Above-normal monsoon this year has seen surge in kharif planting, driving up fertiliser demand, but heavy rains in northern states have also ruined standing crops, while floods have killed hundreds

Datanomics: India Post's move may further hamper its foreign business

India Post halts US services as de-minimis exemption ends, bringing customs duties on all low-value imports

JAL bidders to join challenge auction with ₹12,000 crore floor value

Lenders of Jaiprakash Associates have set Rs 12,000 crore as the minimum bid for a challenge auction on Friday, with five firms including Adani and Dalmia in contention

Favourable winds for steel stocks as China moves to cut production

Production curbs in China and a 3-year safeguard duty strengthen prospects for Indian steelmakers