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India will host the fifth Coast Guard Global Summit in Chennai in 2027, marking the Indian Coast Guard’s 50th anniversary. The event will include fleet reviews, global seminars, and bilateral talks, aiming to boost international maritime cooperation, interoperability, and security. The decision was announced at the 2025 Rome summit attended by 115 nations.
Larsen & Toubro has requested the government to take over Hyderabad Metro’s Phase I due to financial losses. The 69.2 km network covers three corridors. With Phase II expansion planned, L&T seeks either independent operation of both phases or full government control of Phase I. Meanwhile, Old City corridor work progresses with ongoing demolitions.
If you haven’t filed your Income Tax Return (ITR) yet for Financial year 2024-25, you still have two days left, as the deadline ends on September 15. As of Sept 12, 5.95 crore returns had already been filed. Even if 10% more taxpayers file this year, the window is closing fast, so it is time to […]
The Reserve Bank of India (RBI) has imposed a ₹21 lakh penalty on PhonePe for non-compliance with prepaid payment instrument (PPI) regulations. The action followed a review of transactions from October 2023 to December 2024, where the RBI found that the escrow account balance was lower than the outstanding value of PPIs issued.
The government may allow FMCG companies to increase grammage in low-unit packs, ₹5, ₹10, ₹20, as a valid form of price reduction under GST 2.0 from Sept 22. Officials seemed open to this, letting companies offer more product at the same MRP, maintaining price points while technically raising value per gram or millilitre, with guidelines […]
Senior Congress MP Shashi Tharoor stated that high tariffs imposed by US President Donald Trump have significantly impacted India. He claimed that over 1.35 lakh people in Surat lost their jobs, particularly in the seafood and manufacturing sectors. Tharoor emphasized the need for India to diversify its export markets to mitigate such external shocks.
Indian domestic stock markets closed with gains today and will reopen on Monday, September 15. On the Bombay Stock Exchange (BSE), the Sensex gained 356.15 points to end at 81,904.16, while the NSE Nifty-50 gained 109.03 points to close at 25,114.40. Meanwhile, the Indian rupee traded at 88.06 against the US dollar.
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Several trade unions have raised concerns over the unplanned operation of the Raw Material Handling Plant (RMHP) at the Vizag Steel Plant. Layoffs of contract workers, poor conveyor maintenance, and the transfer of key officials are reportedly affecting RMHP’s efficiency. These issues are contributing to a rise in steel production costs.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, September 12, 2025. The Sensex started trading today at 81758.95, up at 210.22 points or 0.26%, and the Nifty was at 25074.45, up at 68.95 points or 0.28%. Meanwhile, the Indian rupee was trading today at 88.38 against the dollar.
Swiggy’s Instamart will conduct its first annual sale. The Quick India Movement sale will start on Sept 19 and end on Sept 28. The sale provides discounts of up to 90% on smartphones, laptops, earbuds, smartwatches, speakers, power banks, and more. Buyers will also get an extra 10% off, up to Rs 1,000, with Axis […]
The Telangana Gig and Platform Workers Union filed a petition in the High Court, urging regulation of taxi fares by app-based aggregators. Citing arbitrary pricing, they demanded uniform fares, mandatory taximeters, and a transparent grievance redressal system. Justice K Sarath heard the plea and issued a notice to the state government for response.
Indian markets closed higher Thursday, with Sensex up 123.58 points at 81,548.73 and Nifty rising to 25,005.50. Banking, oil & gas stocks led gains, while IT and consumer durables lagged. NTPC and Axis Bank advanced, Infosys and Titan fell. Market breadth was positive, with NSE market cap reaching $5.14 trillion amid broader midcap and smallcap […]
The rupee fell by 5 paise to 88.16 against the US dollar in early trade, as markets await signals from ongoing India-US trade discussions. Forex traders noted the currency remained relatively stable, supported by optimism over a possible deal. The rupee is expected to trade between 87.50 and 88.40 in the near term.
The Sensex and Nifty opened at fresh record levels in early trade on Thursday, September 11, 2025. The Sensex started trading today at 81217.30, down at 207.85 points or 0.26%, and the Nifty was at 24945.50, down at 27.60 points or 0.11%. Meanwhile, the Indian rupee was trading today at 88.15 against the dollar.