2025

New Delhi: There is good news for buyers of top consumer segments such as ACs, TVs (over 32-inches) and dishwashers. The GST Council has cut the rates on the products from 28% to 18%, which will see significant cuts in consumer prices. FM Nirmala Sitharaman said the decision was taken in order to give relief…

NEW DELHI: In an affirmation of India’s semiconductor ambitions, Japanese supply chain major Fujifilm Electronic Materials on Wednesday said it is keen to set up a factory in India as it explores new investments and hirings in the country to cater to the growing fab ecosystem.“India has a big potential across semiconductor manufacturing, supply chain…

NEW DELHI: Activity in the country’s key services sector rose to a 15-year high as new orders and output surged, exports soared, and business confidence rose to a five-month high, a survey showed on Wednesday.The HSBC India Services PMI Business Activity Index increased from 60.5 in July to 62.9 in Aug-the steepest expansion rate since…

NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday assured exporters to support them in dealing with steep tariffs imposed by the US, an official said. He also reaffirmed govt’s commitment to safeguarding the interests of Indian exporters, amid the evolving global trade scenario.He assured industry representatives that govt is actively engaged in creating…

NEW DELHI: Employment in India’s unincorporated sector dipped marginally in the April-June quarter of the current fiscal compared to the previous quarter, though the number of enterprises rose, according to a quarterly survey released Wednesday. National Statistics Office (NSO) published first quarterly bulletin of unincorporated sector enterprises (QBUSE) with estimates for Jan-Mar and Apr-June 2025….