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18 stories on this page · page 94
News

The Urban Water Crisis: Drivers for Mandates

Rapid urbanization has altered land use across India, replacing natural absorption zones with concrete. As a result, cities experience reduced groundwater recharge rates, increased surface runoff, and frequent flooding during monsoons. Water demand has outstripped supply: Accordi

5 min read
Business

FHRAI seeks ITC restoration to aid hotels

New DelhiThe Federation of Hotel and Restaurant Associations of India (FHRAI) has appealed to the GST Council to restore Input Tax Credit (ITC) for the hospitality sector. The body warned on Monday that withdrawing ITC, while reducing GST on hotel rooms below Rs 7,500 to 5 per ce

2 min read
Business

Shipping costs to US, Europe see decline

SeoulContainer shipping costs from South Korea to the United States and Europe fell in August, reflecting uncertainties in global trade caused by Washington’s tariff measures, the Korea Customs Service reported on Monday. Shipping rates for two twenty-foot equivalent units (TE

2 min read
Business

Piyush Goyal stresses standards, sustainability for growth

Goyal expressed confidence that international experts’ participation would enrich discussions and advance global standards adoption New DelhiCommerce and Industry Minister Piyush Goyal on Monday said India views sustainability as the central pillar of its growth and emphasized

2 min read
Business

RBI may cut rates amid low inflation: Report

Muted Growth Signals MumbaiThe Reserve Bank of India (RBI) is likely to reduce policy rates by 25 basis points in the fourth quarter of 2025, according to a report by HSBC Global Research. The move is expected as inflation remains subdued while growth faces pressure from weake

2 min read
Business

Japanese firms confirm Rs 4,000 crore investment

Despite U.S. import duties creating investor challenges, the minister highlighted continued confidence in Karnataka, citing a confirmed ₹4,000 crore investment excluding electronics, pharmaceuticals BengaluruKarnataka’s Minister for Large and Medium Industries, M.B. Patil, ann

2 min read
Business

FM Sitharaman stresses fast regulation for rapid AI

India aims not just to follow but to lead the world in responsible AI adoption globally New DelhiFinance Minister Nirmala Sitharaman on Monday emphasized that artificial intelligence (AI) is evolving quickly and cannot be treated as a static technology. She stressed that regul

2 min read
India

CBI busts Nashik call centres defrauding UK citizens

MUMBAI The Central Bureau of Investigation (CBI) has dismantled two illegal call centres in Nashik, Maharashtra, accused of defrauding citizens in the United Kingdom by impersonating insurance agents and government officials. Operating under the name Swagan Business Solutions,

2 min read
India

Defence Ministry approves new Defence Procurement Manual 2025

New Delhi Defence Minister Rajnath Singh on Sunday approved the Defence Procurement Manual (DPM) 2025, marking a major step in streamlining and rationalising the revenue procurement process for the Armed Forces. The new manual is aimed at simplifying procedures, enabling faste

2 min read
Business

Sensex, Nifty to track Fed and trade talks

New Delhi The coming week is expected to be crucial for Indian stock markets, with global cues and foreign fund flows set to guide investor sentiment. The US Federal Reserve’s policy decision, progress in India’s trade negotiations with the US and EU, and foreign institutional

2 min read
Business

CII proposes National Policy to boost GCC growth

New Delhi The Confederation of Indian Industry (CII) has called for a National Global Capability Centres (GCC) Policy to establish India as the global headquarters for innovation-driven GCCs. The framework could create 20–25 million jobs and generate up to USD 600 billion in e

2 min read
Business

ITR filing deadline today,six crore filed

New Delhi The deadline for filing Income Tax Returns (ITR) for the financial year 2025-26 is today (September 15), and the Income Tax Department announced that over six crore returns have already been submitted. The original deadline of July 31 was extended after tax professio

2 min read
Business

GST reforms bring daily relief, says Sitharaman

New Delhi Finance Minister Nirmala Sitharaman on Sunday said the Goods and Services Tax (GST) has begun to touch every part of daily life, offering benefits “from morning tea to dinner.” Speaking at an event in Chennai, she stressed that recent reforms are making essentials mo

2 min read
Business

Union Pacific CEO meets Trump to push $85B Norfolk Southern merger

NEW YORK Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad’s proposed $85 billion acquisition of Norfolk Southern Corp, as the company seeks regulatory approval for the largest U.S. rail merger in decades. The deal,

1 min read
Business

Ray Dalio cautions investors on looming market risks

New York Billionaire investor Ray Dalio, founder of Bridgewater Associates, has issued a stark warning: the US stock market could be headed for a heart attack. His analogy points to record-high equity valuations and ballooning US debt that risks crowding out future spending—si

2 min read
Business

GST 2.0: HUL slashes prices on popular brands

HUL Slashes Prices New DelhiHindustan Unilever Limited (HUL) has announced a significant round of price cuts across its consumer goods portfolio, effective September 22, following reforms in the Goods and Services Tax (GST). The revisions apply to a wide range of household nam

2 min read
Business

October visa bulletin brings relief for Indian applicants

The October 2025 Visa Bulletin shows major advancements in U.S. employment-based and family-sponsored categories for Indian applicantsWashington, D.C. The U.S. Department of State has released the October 2025 Visa Bulletin, the first of the new fiscal year, bringing significa

2 min read
Business

Retailers warn of iPhone 17 Pro shortfall

Apple’s iPhone 17 Pro and Pro Max face severe shortage at retail stores; customers may need to buy from Apple outlets or online platforms New DelhiShoppers eyeing Apple’s latest iPhone 17 Pro and Pro Max could face disappointment this launch week, as retailers across India war

2 min read