Business

The Mines ministry on Thursday said the revised GST rates and slabs will positively impact the housing industry and small-scale enterprises, with key items such as marble, granite, lime bricks and handicrafts set to become cheaper.Following the GST overhaul last week, many mining-related products will now attract a 5% tax instead of the earlier 12%,…

The Indian real estate sector has attracted nearly $80 billion in institutional investments over the last 15 years, with foreign investors contributing a strong 57 per cent share, according to a joint report by CREDAI and Colliers India.Realtors’ apex body CREDAI and real estate consultant Colliers released the report, titled ‘Indian real estate: Fostering equity…

India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’ India is stepping up efforts to manufacture specialised high-grade steel for the automobile sector in order to cut down reliance on imports, Union minister for steel and heavy industries H D Kumaraswamy said on Thursday.Speaking at the annual convention…

Donald Trump offered detained South Korean workers a chance to stay US President Donald Trump had offered hundreds of South Korean workers arrested during a Georgia immigration raid the opportunity to remain in the United States but nearly all opted to return home, South Korean officials said on Thursday. As per news agency Reuters, only…

Prime Minister Narendra Modi with his Mauritian counterpart Navinchandra Ramgoolam during a bilateral meeting in Varanasi (Picture credit: PTI) India and Mauritius will soon begin trading in local currencies, Prime Minister Narendra Modi announced on Thursday, describing it as the next big step in strengthening financial and economic linkages between the two countries.Speaking alongside Mauritian…

The discussions will focus on India acquiring six P-8I naval patrol aircraft. (File photo) Amid signs of progress in India-US trade deal talks, a US team of defence officials and Boeing representatives is likely to visit India next week for talks on a multi-billion dollar deal for patrol aircraft.According to a Bloomberg report, officials from…

Urban Company’s Rs 1,900 crore initial public offering (IPO) has attracted robust demand, with overall subscriptions reaching 5.53 times (553%) by the second day of bidding on Thursday. According to ET, investor sentiment also reflected positively in the grey market, where the IPO traded at around 34% premium (Rs 35 GMP) over the upper price…

India’s merchandise trade deficit is likely to ease marginally in August 2025, supported by a rise in gold imports ahead of the festive and wedding season, according to a report by Union Bank of India.The report estimated the deficit at $26.1 billion in August, compared with $27.4 billion in July, noting, “Merchandise trade deficit likely…

India-US trade deal talks India-US trade deal: Commerce Minister Piyush Goyal on Thursday exhibited confidence that India and the US will be able finalise the first tranche of a trade deal by November this year.During a press briefing in Patna, Piyush Goyal said, “In February 2025, Prime Minister Narendra Modi and President Trump together instructed…

BKJ Airports, one of India’s fastest-growing ground handling companies, has taken a significant step toward sustainable aviation with a landmark order for a new-generation green ground support fleet. Partnering with global GSE leaders TLD and ASARA, BKJ Airports will be among the first in the country to introduce a large-scale deployment of electric ground support…