Business

India-US trade negotiations face hurdles as Washington’s additional tariffs on Indian goods, linked to Russian oil imports, impede progress. The Global Trade Research Initiative suggests a resolution is unlikely without Washington showing flexibility. While talks continue, India is urged to stand firm on agriculture and dairy, crucial for its farmers, and challenge the tariffs legally.

IndiGo is launching flights to Copenhagen from Mumbai, starting October 8, marking its entry into the Scandinavian region. The airline will operate three weekly flights using Boeing 787-9 Dreamliners leased from Norse Atlantic Airways. This new route aims to enhance connectivity between India and Northern Europe, boosting trade, tourism, and educational ties.

The commerce ministry directs retailers to prominently display GST discounts. Consumers should see these reductions clearly on receipts as ‘GST discount’. This applies especially to high-impact products. The new GST structure, effective from September 22, lowers tax slabs. Many products will become cheaper. The ministry also suggests monitoring festive season sales. This ensures consumers benefit…

ITR filing FY 2024-25 due day extension: Taxpayers are reportedly facing persistent technical issues on the Income Tax e-filing portal even after the Finance Ministry extended the ITR filing deadline to September 16, 2025. Despite scheduled maintenance, users reported problems with submission, late fee reflections, and portal functionality.

TikTok users in the US might avoid a ban as the Trump administration and China have reached a preliminary agreement regarding the platform’s ownership. The plan involves transitioning TikTok to American ownership, with Oracle Corp. potentially being a buyer. Trump and Xi are scheduled to discuss and potentially finalize the agreement, addressing concerns about data…

Megha Engineering has secured a Rs 5,700 crore contract to build and manage India’s first private strategic petroleum reserve in Padur, Karnataka. This 2.5 MMT facility will significantly boost India’s energy security, supplementing the existing reserves.

Vladimir Putin emphasized Russia’s need for economic growth to surpass global rates, linking fiscal stability and project implementation to economic performance. He advocated leveraging domestic potential, international partnerships, and technological advancements. During the BRICS summit, discussions centered on trade, finance, and investment amid the current global economic landscape, with India emphasizing economic stability and multilateral…

Amid a record surge in Income Tax Return (ITR) filings, the government extended the deadline for Assessment Year 2025-26 by a day, pushing it to September 16, 2025, as taxpayers reported portal access issues. Over 7.3 crore returns were filed by the original deadline.

Railway stocks surged on Monday, fueled by significant contract wins and government infrastructure spending. Ircon International and RailTel Corporation of India led the gains, followed by Rail Vikas Nigam and Jupiter Wagons. Market analysts predict further short-term gains, advising selective investment due to varying valuations across PSUs and private entities.

India’s unemployment rate witnessed a decline for the second consecutive month, reaching 5.1% in August 2025, according to the Periodic Labour Force Survey. This decrease was broad-based, with improvements observed in rural and male categories. Simultaneously, the Worker Population Ratio and Labour Force Participation Rate for women showed positive trends, indicating increased participation in the…