Business

October 13, 2026 7:49 PM

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Govt open to hearing suggestions on LTCG tax, says FM Sitharaman 

    Finance Minister Nirmala Sitharaman has said the Government is open to hearing suggestions on the removal of long-term capital gains tax during consultations for the upcoming Union Budget. Ms Sithraman said this while speaking at the Bloomberg New Economy Forum in New Delhi today. The Finance Mi...

October 13, 2026 2:10 PM

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IMF raises India’s GDP growth forecast to 7% for 2026-27

The International Monetary Fund (IMF) has raised India's GDP growth forecast to 7 per cent for 2026-27, up from 6.4 per cent in July.  In its flagship World Economic Outlook report, the IMF said the revision in the estimate comes on the back of stronger-than-expected momentum, supported by resilient...

October 13, 2026 9:24 AM

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India’s internet subscriber base crosses 111 crores

India’s internet subscriber base has risen to over 111 crore 41 lakh at the end of June this year, from around 109 crore 28 lakh at the end of March 2026, registering a quarterly growth rate of 96%. The Telecom Regulatory Authority of India (TRAI), in its Indian Telecom Services Performance Indicato...

October 13, 2026 7:42 AM

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Government drafts National Steel Policy-Vision 2047 to transform steel sector

The Government has the draft National Steel Policy-Vision 2047, which provides a long-term policy framework to build a globally competitive, technologically advanced, environmentally sustainable and resource-efficient steel sector. The Policy aims to meet the country's growing steel requirements whi...

October 12, 2026 6:21 PM

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Gold , Silver prices down

  In the Indian bullion market today, 24 carat gold was 0.9 per cent down at 1,48,061 rupees per 10 grams. Silver dipped almost 0.4 per cent to 2,20,295 rupees per kilogram. 

October 12, 2026 6:10 PM

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Rupee appreciates by 96 paise against US dollar

  In the forex market, the rupee appreciated by 96 paise to close at 95 rupees and 78 paise against the US dollar.     The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 102.43 in intra-day trade. 

October 12, 2026 9:46 PM

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Retail inflation accelerates to 5.54% last month, breaching RBI’s target of 4%

  India’s retail inflation accelerated to 5.54 per cent in September on an annual basis, remaining above the Reserve Bank of India’s target of four per cent for the fourth consecutive month this year. Last month's inflation reading was higher than the 4.83 per cent recorded in August.     According ...