The Yamuna River in Delhi has crossed the danger mark of 205.33 metres after heavy rainfall and massive water release from upstream barrages.

China’s Foreign Minister Wang Yi arrives in New Delhi today for a two-day visit. This trip comes at a sensitive moment, with both countries working to ease tensions at the border.

As a part of a massive GST overhaul to lower consumer costs, the Centre is reportedly considering slashing GST on small petrol and diesel cars from 28% to 18%

US tariffs have hit India’s diamond industry hard, costing nearly 1 lakh jobs, slashing exports, and rattling stock markets.

Israel has announced plans to build more than 3,000 housing units in the highly contentious E1 area of the West Bank.

Stock Market Highlights on Monday, August 18, 2025: Auto, consumer durables (mainly electronics) and realty stocks were the big winners in market today on talks of restructuring GST slabs.

Indian markets

Putin spoke to the Indian prime minister on phone, three days after the high-profile summit in Alaska that ended without a ceasefire deal

Trump, Putin, Trump-Putin, Alaska summit

At the bourses, the consumption-driven theme has played out well thus far in FY26 with the Nifty India Consumption index rising nearly 11 per cent as compared to around 5 per cent rise in Nifty 50

goods and services tax (GST) payers

Here are the best of Business Standard's opinion pieces for today

Narendra Modi

Happy Janmashtami Wishes: Janmashtami is a major Hindu festival celebrated to mark the birth of Lord Krishna. This year it will start at 11: 49 pm on August 15 and  till 09.24 pm on August 16, 2025

Happy Janmashtami 2025

Leaders signal progress on multiple fronts while avoiding specifics, fuelling concerns in Kyiv and among Nato allies

Trump, Putin, Trump-Putin

PM Modi announced new GST rates as a Diwali gift, cutting prices on many goods. ACs, snacks, mobiles, soaps and cement will get cheaper. Check full list of items here

Goods and Services Tax, GST

Ad slots for Asia Cup 2025 are priced up to ₹16 lakh for 10 seconds, with India-Pakistan games driving the highest rates; Sony is offering premium TV and digital ad packages

India cricket team with captain Shubman Gill during practice session in Birmingham

US President Donald Trump said the US may not add extra tariffs on India for buying Russian oil, leaving room for change of plans after India faced 50 per cent tariffs

Donald Trump, Trump

States such as Rajasthan (73 per cent), Himachal Pradesh (67), and Delhi (60) saw the highest share of districts reporting excess to large excess rainfall

Rain, Rainfall, monsoon

Amazon India has created over 150,000 seasonal jobs across 400 cities to gear up for the festive shopping season, expanding initiatives for women, PWDs, health and associate welfare

Amazon

Prime Minister Narendra Modi on Monday chaired a high-level meeting, which included top Union ministers, secretaries and economists, to deliberate on the roadmap for the next generation reforms, one of the key announcements he had made in his Independence Day address.
Union ministers Rajnath Singh, Amit Shah, Nitin Gadkari, Nirmala Sitharaman, Shivraj Singh Chouhan, Piyush Goyal and Lalan Singh attended the meeting.
Modi had on August 15 announced the formation of a task force for 'next-generation reforms' and revision of GST laws, as he devoted a major part of his 103-minute speech on making India self-reliant in a host of sectors ranging from semiconductors to fertilisers.

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Datanomics: Floods and drought mark India's changing monsoon pattern

Amazon India hires 150,000 seasonal workers ahead of festive demand surge

PM Modi chairs top-level meet to discuss roadmap for next-gen reforms

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Stock Market Close Highlights: Sensex gains 676 pts, Nifty tests 25K on GST rejig talk; Maruti up 9%

Putin calls PM Modi, briefs him on recent meeting with Donald Trump

GST reforms: How and where to invest in the stock market? Analysts decode

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