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business

SEBI

Adani triumphs as SEBI clears group of all Hindenburg fraud charges

Regulator finds no evidence of insider trading, stock manipulation or disclosure violations; Gautam Adani slams “motivated” allegations.

Sensex and Nifty

Sensex, Nifty soar as GST overhaul sparks market rally

Two-slab tax structure hailed as game changer; investors bet on surge in consumption.

Goods and Services Tax

Tobacco cess to stay until pandemic loans repaid, GST Council clears two-slab structure

Finance Minister says tax overhaul puts ‘common man’ first as economists warn of revenue strain.

GST

GST 2.0 ushers in sweeping tax cuts and simpler two-slab regime from September 22

Council scraps 12% and 28% slabs, exempts life and health insurance, and slashes rates on household goods to ease burden on families and businesses.

Philippines’ move clears path for India’s Basmati rice exports

The Philippines has removed restrictions on Basmati rice imports from India, aiming to strengthen bilateral trade, enhance food security, and boost agricultural exports, including rice, fruits, vegetables, and other key Indian products.

Dream11 CEO says 95% of revenues wiped out by new online gaming law

With the enactment of the Promotion and Regulation of Online Gaming Bill, 2025, Dream11's core revenue stream has been significantly affected.

India–Russia trade surges fivefold to $68 billion, but deficit balloons to $59 billion, says Jaishankar

Amid US tariffs on Indian goods tied to its Russian oil imports, External Affairs Minister Jaishankar urges broader market access for Indian exports as bilateral trade soars.