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Searched Tag: business news

India is a nation that’s “always willing to adopt new technologies”, and so, should have no problem integrating AI into the fold of everyday life, Goyal said

AI is going to increase jobs: Piyush Goyal

September 2, 2025, 07:09 PM - 3 min read

The Union Minister of Commerce and Industry has pushed for the use of Artificial Intelligence (AI), saying “every decision-making” employee at his office has been asked to download the latest version of AI on their phones and laptops

Meanwhile, silver prices rose ₹100 to hit yet another record high of ₹1,26,100 per kilogram (inclusive of all taxes) on Tuesday

Gold rates hit highest-ever level of ₹1.06 lakh/10 g

September 2, 2025, 06:17 PM - 4 min read

Adding another ₹400 to its prices, gold hit a fresh peak of ₹1,06,070 per 10 grams in the national capital on Tuesday as chase for safe-haven assets remained consistent with worries of Trump’s tariffs

Tech Mahindra will act as a strategic implementation partner, deploying Abacus Insights' turnkey CMS Interoperability Compliance Solution across various payer organisations in multiple states to make healthcare data more accessible and usable by end-consumers, the company said in a statement

Tech Mahindra to simplify US healthcare data compliance

September 2, 2025, 06:08 PM - 2 min read

Tech Mahindra will act as a strategic implementation partner, deploying Abacus Insights' turnkey CMS Interoperability Compliance solution across various payer organisations in multiple states to make healthcare data more accessible and usable by end-consumers

Additionally, persistent foreign fund outflows further weakened the local unit, said forex traders

Rupee falls to record low of 88.18 against dollar

September 2, 2025, 05:56 PM - 2 min read

The rupee declined 8 paise to close at an all-time low of 88.18 (provisional) against the U.S. dollar on Tuesday, as uncertainty over the India-US trade deal and weak domestic equity markets further pressurised the domestic unit

The 30-share BSE Sensex declines 206.61 points or 0.26 per cent to settle at 80,157.88; while the 50-share NSE Nifty dipped 45.45 points or 0.18 per cent to close at 24,579.60

Stock markets end lower as caution rules high ahead of GST meet

September 2, 2025, 05:06 PM - 3 min read

The 30-share BSE Sensex declines 206.61 points or 0.26 per cent to settle at 80,157.88; while the 50-share NSE Nifty dipped 45.45 points or 0.18 per cent to close at 24,579.60

Mumbai-based Glenmark Pharmaceuticals said on Tuesday it has launched a cancer treatment generic medicine in the US market; Zydus launches influenza vaccine in India

India’s pharma giant launches cancer treatment drug in US

September 2, 2025, 04:36 PM - 3 min read

Mumbai-based Glenmark Pharmaceuticals said on Tuesday it has launched a cancer treatment generic medicine in the US market; Zydus launches influenza vaccine in India

The GST Council, which is headed by Sitharaman, is due to meet on September 3 and 4 to discuss the new reforms, the announcement of which is being eagerly awaited

FM says GST 2.0 will bring economic transparency

September 2, 2025, 04:13 PM - 4 min read

The upcoming reforms in the country’s Goods and Services Tax (GST) structure, touted to be “next-generation”, would further reduce compliance burden on small businesses, said Union Finance Minister, Nirmala Sitharaman, on Tuesday

In accordance with its announcement back in August, India’s largest IT services company, TCS, has rolled out salary hikes for a majority of its employees despite plans to lay-off as many as 12,000 workers

TCS rolls out salary hikes

September 2, 2025, 03:27 PM - 2 min read

In accordance with its announcement back in August, India’s largest IT services company, TCS, has rolled out salary hikes for a majority of its employees despite plans to lay-off as many as 12,000 workers

While announcing a “new phase of next-generation reforms”, Prime Minister Narendra Modi hailed India’s GDP growth of 7.8 per cent in the first quarter, which he said, had “outperformed every expectation, every estimate, and every forecast”

GDP growth beat economic self-interest challenges: PM

September 2, 2025, 02:34 PM - 3 min read

While announcing a “new phase of next-generation reforms”, Prime Minister Narendra Modi hailed India’s GDP growth of 7.8 per cent in the first quarter, which he said had “outperformed every expectation, every estimate, and every forecast”

The company said his actions breached its code of business conduct and announced Nespresso chief, Philipp Navratil as the new chief executive

Nestle CEO fired over affair with junior

September 2, 2025, 01:43 PM - 2 min read

Swiss food giant Nestlé sacked its chief executive, Laurent Freixe, on Monday on charges of having an “undisclosed romantic relationship with a direct subordinate”

Since the Ethanol Supply Year (ESY) runs from November to October, the government has permitted sugar mills and distilleries to produce ethanol in the 2025-26 marketing year without any ‘quantitative restrictions’

Unrestricted production of ethanol in sugar mills from Nov

September 2, 2025, 01:10 PM - 3 min read

The Centre on Monday permitted sugar mills and distilleries to produce ethanol without any quantitative restrictions in the 2025-26 marketing year, starting November, 2025

The last time that the PMI had risen to 60 was in 2008

India’s factory output surged to 17-yr-high in August

September 2, 2025, 12:47 PM - 2 min read

Notwithstanding the US tariff headwinds, India’s manufacturing activity expanded last month, driven by strong demand and supply