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Economy accelerated in Q2, momentum to sustain: FinMin

Business Standard

|

October 28, 2025

Demand conditions across rural and urban India have improved through the second quarter (Q2) of 2025-26 (FY26), and the momentum gained in Q2 is expected to continue in the upcoming months, driven by resilient domestic economic activity and stronger demand supported by goods and services tax (GST) reforms, the Finance Ministry said on Monday.

- RUCHIKA CHITRAVANSHI

Despite a fog of uncertainty shrouding the global economy and lingering trade policy uncertainty, the ministry's monthly economic review for September noted that India's trade performance in H1FY26 reflects steady momentum and resilience, citing a 3 per cent rise in merchandise exports and a 6.1 per cent uptick in services exports.

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Noel, 2 others vote out Mehli from Tata Trusts

Late Ratan Tata's associate to step down from two core trusts

time to read

2 mins

October 29, 2025

Business Standard

Bihar polls: 32% of phase-1 candidates with criminal cases

In the first phase of Bihar assembly elections, of the 1,303 candidates contesting across 121 constituencies, 423 (32%) have declared criminal cases against themselves, according to an analysis by The Association for Democratic Reforms (ADR).

time to read

1 min

October 29, 2025

Business Standard

Business Standard

Amazon cuts 14,000 jobs as spending on AI accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.

time to read

1 mins

October 29, 2025

Business Standard

Business Standard

AGR relief for Vi likely to trigger equity raise, govt stake dilution

Relief from the Centre for Vodafone Idea (Vi) may come well ahead of the March 2026 deadline, which could in turn trigger dilution of government stake

time to read

1 mins

October 29, 2025

Business Standard

Business Standard

Cabinet approves ToR for 8th CPC, appoints body

Panel’s recommendations to benefit 5 million central govt employees

time to read

2 mins

October 29, 2025

Business Standard

Business Standard

The best & brightest gather at BFSI Summit

India (Sebi) Chairman Tuhin Kanta Pandey; Insurance Regulatory and Development Authority of India (Irdai) Chairman Ajay Seth; Pension Fund Regulatory and Development Authority (PFRDA) Chairman S Ramann; Department of Financial Services' Secretary M Nagaraju; Chief Economic Advisor V Anantha Nageswaran; Reserve Bank of India (RBI) Deputy Governors T Rabi Sankar and Poonam Gupta; State Bank of India (SBI) Chairman C S Setty; veteran banker and non-executive Chairman of Jio Financial Services K V Kamath; former whole-time member of Sebi Ananth Narayan G, and Arundhati Bhattacharya, Chairperson & CEO of Salesforce, India.

time to read

2 mins

October 29, 2025

Business Standard

Adani Green Energy profit grows 28% to ₹644 crore

Adani Green Energy Ltd (AGEL) on Tuesday posted a 28 per cent year-on-year rise in consolidated net profit to %644 crore in the September quarter, driven by the renewable power business.

time to read

1 min

October 29, 2025

Business Standard

Microsoft, OpenAlI reach new deal valuing OpenAI at $500 bn

Microsoft and OpenAl reached adeal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAl at $500 billion and giving it more freedom in its business operations.

time to read

2 mins

October 29, 2025

Business Standard

TMB eyes 15% growth in advances, 13% in deposits in FY26

Thoothukudi-based Tamilnad Mercantile Bank (TMB) on Tuesday said that it is expecting a 14-15 per cent growth in advances, and 12-13 percent in deposits during 2025-26 (FY26).

time to read

2 mins

October 29, 2025

Business Standard

Nifty IT witnesses best month in nearly a year

Clawing back on the bourses amid inline September 2025 quarter (Q2FY26) results, the Nifty IT index has surged 6.6 per cent so far in October as against 5.4 per cent rise inthe Nifty 50.

time to read

2 mins

October 29, 2025

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