Indian Markets Open Higher; Nifty IT Leads Early Gains
Indian benchmark indices started the session on a positive note, with the Nifty IT index leading the rally, surging 1.7 per cent in early trade.
Kharif Crop Sowing Rises By 26.93 Lakh Hectares; Set To Boost Output And Farmers’ Income
The figures show that the area under rice has reached 438.28 lakh hectares, higher by 19.63 lakh hectares from 418.66 lakh hectares last year.
Adani Group To Invest $60 Billion In Power Sector By FY32
Adani Power said the group will spend USD 21 billion by FY30 to expand renewable energy capacity to 50 GW, up from 14.2 GW in FY25.
India’s Unemployment Rate Lowest In G20, Says Mandaviya
India’s unemployment rate is 2%, the lowest in the G20, said Labour Minister Mansukh Mandaviya, citing a WEF report.
Indian Markets Open Higher On GST Rate Cuts Despite US Trade Concerns
Indian benchmark indices opened higher on Monday, aided by GST rate cuts despite lingering US trade tensions.
GST Reforms Bring Relief To Diamonds And Jewellery Sector, Says GJEPC
The Gem and Jewellery Export Promotion Council (GJEPC) said on Friday that recent GST reforms have eased pressures on the diamonds and jewellery sector.
India’s Bioeconomy Grows To $165.7 Billion In 2024; Sets $300 Billion Target By 2030
India’s bioeconomy has grown from $10 billion in 2014 to $165.7 billion in 2024, with a target of $300 billion by 2030.
GST Council Cuts Rates On Hotels And Flights To Boost Tourism And Spending
The GST Council, led by Finance Minister Nirmala Sitharaman, cut the GST on hotel rooms priced below ₹7,500 to 5 per cent without input tax credit (ITC).
GST Rate Cuts Can Ease Inflation, Pave Way For RBI Repo Rate Cut: HSBC Report
The recent GST rate cuts can further lower inflation if companies pass on the benefits to consumers, an HSBC report said on Thursday.
Apple’s India Sales Hit Record $9 Billion In FY25; Opens New Stores In Bengaluru And Pune
Apple’s annual sales in India hit nearly $9 billion in FY25, Bloomberg reported, citing a person familiar with the matter.
