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NSE opens on BSE, fuelling rival's cash market turnover

mumbai, Sept. 25 -- National Stock Exchange Ltd (NSE), which made its much-awaited stock-market debut on Thursday, contributed well over two-fifths of rival BSE's cash turnover, indicating a Day 1 tra... Read More


Sitharaman says proposed UPI MDR not a tax, cess or surcharge; will not burden consumers

India, Sept. 25 -- The proposed Merchant Discount Rate (MDR) on select high-value UPI transactions is neither a tax, cess nor a surcharge, and the collections will not accrue to the government, Financ... Read More


Tanzania begins the Pamoja Project with construction of 80 childcare centres out of targeted 184 centres

MWANZA, Sept. 25 -- THE Tanzanian government has begun to implement the Pamoja Project, an initiative aimed to broaden economic opportunities for women while preventing and eliminating violence agains... Read More


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