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PM announces possible VAT revision on books

Sri Lanka, Sept. 25 -- Prime Minister Dr Harini Amarasuriya has announced that the government is considering revising the Value Added Tax (VAT) imposed on books in the upcoming budget. Speaking as th... Read More


BlueBinaries To Acquire MicroNova's Automotive Testing Business

Mumbai, Sept. 25 -- Mobility engineering and technology company BlueBinaries has signed a definitive agreement to acquire the automotive testing business of Germany-based MicroNova AG. The carved-out... Read More


Irdai's reform proposal spooks markets

India, Sept. 25 -- Stock markets tumbled on Thursday with the benchmark index Sensex tanking nearly 1,248 points to settle at an over three-month low due to across-the-board selling, led by financials... Read More


Rupee plunges 23 paise to 95.96 against US dollar

India, Sept. 25 -- The rupee weakened by 23 paise to settle at 95.96 (provisional) against the US dollar on Thursday, dragged by a surge in crude oil prices and a strong greenback amid geopolitical un... Read More


GMR Hospitality to operate outlets at Delhi airport's T3

India, Sept. 25 -- GMR Hospitality Ltd has been selected for setting up, operating and maintaining food and beverage outlets at Terminal 3 of the Delhi airport. The company has won the contract for a... Read More


US sanctions, Indian oil and the new BRICS battle

India, Sept. 25 -- The US President, Donald Trump, has signed the "Lindsey O Graham Sanctioning Russia and Iran Act of 2026", earlier passed by the US House of Representatives, thereby eliminating the... Read More


Sensex sinks 1,248 points on Irdai reform plan

India, Sept. 25 -- Shares of banks, insurance, and fintech companies dived on Thursday after regulator IRDAI proposed changes to the insurance distribution framework, including lower Expenses of Manag... Read More


Adani ports in race to develop Vadhvan port offshore land

MUMBAI, Sept. 25 -- Four companies, including Adani Ports and Special Economic Zone Ltd, DP World Ports Holding, NMDC group PJSC and Vishwa Samudra Engineering, have submitted bids for a Rs.22,323-cro... Read More


Adani Ports among 4 firms in race for offshore Vadhvan works

Mumbai, Sept. 25 -- Four companies including Adani Group firm Adani Ports and Special Economic Zone (APSEZ) Ltd have submitted bids for development of offshore land by dredging and reclamation, and co... Read More


10,000 kg of firecrackers seized at Nhava Sheva port

MUMBAI, Sept. 25 -- The Directorate of Revenue Intelligence (DRI) on Thursday intercepted an import consignment at Nhava Sheva Port and seized 19,800 pieces of smuggled firecrackers weighing approxima... Read More