Andhra Pradesh power sector records 20% growth in generation: Minister Ravi Kumar
[ad_1] Image only for the purpose of representation. | Photo Credit: Nagara Gopal Energy Minister Gottipati Ravi Kumar on Tuesday (September 2, 2025) said Andhra Pradesh was poised for a major leap in the power sector, with AP-Genco and AP Power Development Corporation Limited (APPDCL) recording a generation of over 16,000 Million Units (MU) of coal-fired power in April-August 2025,
Rupee recovers 15 paise to 88 per U.S. dollar in early trade
[ad_1] Representative image | Photo Credit: Reuters The rupee recovered 15 paise from its all-time low level to 88.00 against the U.S. dollar in early trade on Wednesday (September 3, 2025) as persistent foreign fund outflows and dollar strength weighed on investor sentiments. Forex traders said the rupee is trading near an all-time low, driven by risk-averse sentiments amid India-U.S.
Microsoft to discount cloud services for U.S. government
[ad_1] The goal is to offer commercial AI tools across the federal government, according to GSA [File] | Photo Credit: AP Microsoft has agreed to give U.S. agencies a discount on its cloud services, the General Services Administration said Tuesday, as part of the administration’s push to sign deals with tech companies for departments across the executive branch. The deal
Holiday spending, especially by Gen Z, will drop, survey says
[ad_1] Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Holiday shoppers expect to trim the tree and their spending this upcoming season, according to a survey by consulting firm PwC. Across generations, consumers said they plan to spend
Stock market today: Nifty50 near 24,600; BSE Sensex moves above 80,200
[ad_1] The upcoming GST Council meeting could influence market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was near 24,600, BSE Sensex was up over 50 points. At 9:16 AM, Nifty50 was trading at 24,592.05, up 12 points or 0.051%. BSE Sensex was at 80,214.67, up
Stock Market Live Updates 3rd September 2025
[ad_1] Business candle stick graph chart of stock market investment trading on blue background. Bullish point, up trend of graph. Economy vector design. istock photo for BL | Photo Credit: ABC Vector tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for
Judge orders search shakeup in Google monopoly case but keeps hands off Chrome and default deals
[ad_1] A federal judge on Tuesday (September 2, 2025) ordered a shake-up of Google’s search engine in an attempt to curb the corrosive power of an illegal monopoly while rebuffing the U.S. government’s attempt to break up the company and impose other restraints. The 226-page decision made by U.S. District Judge Amit Mehta in Washington, D.C., will likely ripple across
Rupee near record lows: Will exporters gain competitiveness or lose on rising import costs? All you need to know
[ad_1] The Indian rupee traded near record lows against the US dollar on Tuesday, slipping to 88.15 after closing at an all-time low of 88.18 a day earlier. The depreciation has provided exporters with better price competitiveness but raised concerns for import-heavy sectors.Exporters said the fall in the rupee presents a mixed picture. “On one hand, it enhances the price
India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW
[ad_1] The GST council has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla, Mercedes-Benz, BMW and BYD. Prime Minister Narendra Modi is aiming to reform India’s tax system and is pushing Indian customers to buy more domestic goods, just when
JLR cyberattack: Tata Motors unit says operations severely hit; no customer data stolen
[ad_1] Jaguar Land Rover, the Tata Motors-owned luxury automaker, said on Tuesday its global retail and production operations have been “severely disrupted” following a cyberattack, forcing the company to shut down systems as a precaution.The UK-based company said it took immediate steps to shut down its systems in a bid to limit the fallout, AFP reported. “At this stage there
Constellation Brands Modelo shares fall after guidance cut
[ad_1] Corona and Modelo beers imported from Mexico for sale at a grocery store in Magnolia, Texas, on April 3, 2025. Ronaldo Schemidt | Afp | Getty Images Constellation Brands on Tuesday slashed its full fiscal-year outlook, saying a “challenging” economy is hitting its alcohol sales. The company, home to popular brands such as Modelo and Corona, had previously said
German Foreign Minister inaugurates SAP Experience Centre in Bengaluru
[ad_1] Dr. Johann Wadephul, Federal Minister for Foreign Affairs of Germany Dr. Johann Wadephul, Federal Minister for Foreign Affairs of the Federal Republic of Germany, visited the SAP Labs India Innovation Park in Bangalore, reaffirming the deepening partnership between India and Germany in driving digital innovation and shaping the future of technology. Dr. Wadephul inaugurated the SAP Experience Center, where
AP CRDA to allot land for convention centres in Amaravati
[ad_1] Visakhapatnam : Andhra Pradesh : 02/09/2025 : Chief Minister N Chandrababu Naidu | Photo Credit: The Hindu Andhra Pradesh Capital Region Development Authority (CRDA) will allot land for willing firms to set up convention centres in Amaravati. A proposal in this regard was approved in a meeting of CRDA chaired by Chief Minister N Chandrababu Naidu in Amaravati on
Textile, apparel exporters meet FM, seek bailout package
[ad_1] With the U.S. accounting for 28% of the total Indian textile and apparel exports, the industry has urged the government to come out with a bailout package, similar to the one announced during the COVID-19 pandemic. Representatives of more than 20 textile associations and export promotion councils in Tamil Nadu had a meeting with Union Finance Minister Nirmala Sitharaman
Uttarakhand govt, NHLML sign pact for Kedarnath and Hemkund Sahib ropeways
[ad_1] The Uttarakhand government on Tuesday signed an agreement with National Highway Logistics Management Limited (NHLML) for the development of ropeways to Kedarnath and Hemkund Sahib under the Centre’s Parvatmala project. The signing took place at the Secretariat in the presence of Chief Minister Pushkar Singh Dhami, according to a release from CMO. According to the agreement, NHLML will hold
Earthquake of magnitude 3.5 strikes Assam’s Sonitpur
[ad_1] An earthquake measuring 3.5 on the Richter scale jolted Sonitpur, Assam, on Tuesday, at 17:33:29 IST, according to the National Center for Seismology (NCS). The quake occurred at a depth of 15 km, with its epicentre located at latitude 26.69 N and longitude 92.92 E. In X post, the NCS stated, “EQ of M: 3.5, On: 02/09/2025 17:33:29 IST,
GST Council may take up proposal to end compensation cess by Oct 31
[ad_1] The GST Council is expected to consider the recommendation by a Group of Ministers (GoM) to end Compensation Cess by October 31. It will also deliberate on an alternative to compensation cess once it is abolished. Compensation cess was brought under GST through a special law to bridge revenue loss post introduction of GST in 2017. Originally, it was
Sugar stock rally on ethanol push: Rajshree tops chart at 20%; industry cheers govt move
[ad_1] Sugar stocks turned into a sweet spot for investors on Tuesday as shares of leading mills surged sharply, buoyed by the government’s decision to allow ethanol production without any quantitative restrictions in the 2025-26 marketing year beginning November.Rajshree Sugars & Chemicals hit the upper circuit with a 20 per cent jump on the BSE, while Shree Renuka Sugars rallied
US market today: Wall Street slides as AI stocks drag; bond yields climb, gold hits record-high
[ad_1] Wall Street tumbled on Tuesday, with the S&P 500 dropping 1.3% in early trade and heading toward its worst single-day loss in a month. The Dow Jones Industrial Average slipped 571 points, while the tech-heavy Nasdaq fell 1.7%, AP reported. Nvidia and other companies riding the artificial intelligence boom were among the heaviest drags. Rising global bond yields also
UP Cabinet approves Outsource Service Corporation, electric bus plan, new export policy, university
[ad_1] In a move to make outsourcing services more transparent, accountable, and employee-friendly, the Yogi government has approved the formation of the Uttar Pradesh Outsource Service Corporation Limited. According to a release, the decision was taken in a Cabinet meeting chaired by Chief Minister Yogi Adityanath, where 15 proposals were cleared, including this major step to safeguard the interests of
Budget exercise: Finance ministry to begin FY27 preparations on October 9; GDP growth, demand and jobs in focus
[ad_1] The finance ministry will kick-start the Budget-making exercise for 2026-27 from October 9 against the backdrop of global geopolitical uncertainties and the steep 50% US tariff on Indian shipments.The upcoming Budget will need to address the challenges of boosting demand, creating jobs and ensuring the economy moves towards a sustained growth path of over 8%. For the current year,
Delhi breathes easy as rains bring rare clean air and cool temperatures
[ad_1] After several days of continuous rain, the residents of Delhi-NCR are soaking in so much fresh air that they are reminded of the holidays spent in the mountains. The capital, notorious for its choking smog during winters, has suddenly found it easier to breathe thanks to incessant rains. Delhi’s AQI drops to ‘Excellent’ levels On most days, the air
Rupee falls 8 paise to hit record low of 88.18 against U.S. dollar
[ad_1] The rupee declined 8 paise to close at an all-time low of 88.18 (provisional) against the U.S. dollar, as Indo-U.S. trade deal uncertainty and weak domestic equity markets pressurised the local unitImage used for representation purpose only. | Photo Credit: Reuters The rupee declined 8 paise to close at an all-time low of 88.18 (provisional) against the U.S. dollar
GEIPL Bank Fraud Case: ED raids 10 locations in Delhi, Pune
[ad_1] Investigators on Tuesday started search operations at 10 locations in different parts of the country over an alleged fraud case involving M/s Gupta Exim India Private Ltd (M/s GEIPL). The Enforcement Directorate (ED) — the national financial crime-fighting agency – conducted searches at 10 premises: nine located in the national capital and one in Pune, Maharashtra. The ED has
Singapore PM Lawrence Wong to visit India from September 2-4 to mark 60 years of diplomatic ties
[ad_1] Singapore Prime Minister and Minister for Finance, Lawrence Wong will make an Official Visit to Delhi from September 2-4, at the invitation of Prime Minister Narendra Modi, a statement by the Singaporean Prime Minister’s Office said. Prime Minister Wong’s introductory visit coincides with the 60th anniversary of the establishment of Singapore-India diplomatic relations and reaffirms Singapore and India’s