Business

Karnataka's Ballari Denim Units to Receive 50% Subsidy for Eco‑Friendly Washing Plants

The Karnataka industrial department announced a 50% capital subsidy to help denim manufacturers in Ballari install environmentally friendly washing plants, aiming to modernise the sector.

Central Finance Department clarifies ESOP payouts exempt from salary tax under 2026 income tax rules

The finance ministry announced that employee stock option compensation will not be taxed as salary under the new 2026 income tax regulations.

RBI raises banks' daily cash reserve requirement to 99% from 90%

The Reserve Bank of India announced that from October 16, 2026, scheduled banks must maintain a daily cash reserve of 99% of deposits, up from the current 90%.

Sensex posts modest early gains, steadies by afternoon amid banking stock sell‑off in Mumbai

The Sensex rose modestly in early trade on Thursday but was held steady by afternoon as banking shares faced selling pressure.

Gold Prices Surge to Monthly High as Global Political Tensions Spur 10-gram Rise of Rs 280

Gold prices in India jumped by Rs 280 per 10 grams, hitting the month’s peak amid heightened global political uncertainty.

RBI reports surge in e‑Rupee usage among small traders and festive markets

The Reserve Bank of India says the experimental e‑Rupee digital currency has set a new record in retail transactions, with a sharp rise in adoption by small businesses and during festive market events.

Central Government Cuts LPG Commercial Cylinder Prices, Relieving Hotels and Small Traders Ahead of Diwali

The central government’s reduction in LPG commercial cylinder rates offers significant cost relief to hotels and small businesses as they prepare for Diwali purchases.

ଚାକିରି ପଛରେ ନଗୋଡ଼ାଇ ଚାଷକୁ ଆପଣାଇଲେ; ୩ ଏକର ଜମିରେ ଏକାଧିକ ରୋଜଗାରର ବାଟ ଖୋଲିଲେ ଶୁଭେନ୍ଦ୍ର

BSE Sensex drops ~150 points amid global IT and pharma stock sell‑off

The benchmark BSE Sensex ended the day down about 150 points as selling pressure on international IT and pharmaceutical shares weighed on the market.

Consumer Affairs Ministry to Tighten Deep Discounting Rules for E-Commerce During Festive Season

The Ministry of Consumer Affairs is drafting new guidelines to curb excessive discounts in online retail, aiming to protect small traders and preserve fair competition.

Gold price falls by Rs 220 per 10 g as investors shift to equities

India's jewelry gold price slipped by about Rs 220 per 10 grams today, reflecting a modest decline as global investors turn their focus to stock markets.

Industrial Zones Planned Along 600‑km Indore‑Bhopal‑Jabalpur Expressway

Madhya Pradesh officials have announced the creation of industrial zones along the 600‑km Indore‑Bhopal‑Jabalpur Expressway to draw new manufacturing units to the corridor.