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GST reduction, festive cheer boost car sales

Times of India

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10 months ago

RBI holds rates steady, hikes FY26 GDP forecast

Times of India

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10 months ago

'I abused a lot': Shikhar Dhawan breaks silence on fight with Virat Kohli

Shikhar Dhawan recently disclosed past conflicts with Virat Kohli, including a shoulder-tackling incident during warm-ups and a heated run-out that coincided with Dhawan's IPL auction disappointment. He also reflected on Kohli's early focus and increased seriousness after his father's passing. These revelations highlight their competitive dynamic and enduring professional relationship.

Times of India

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10 months ago

At 9%, GST mop-up pace fastest in 4 months

Times of India

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10 months ago

RBI carves path for rupee’s use in cross-border trades

RBI is implementing measures to internationalise the rupee, aiming to reduce dollar dependence. New reference rates for major trading partner currencies will facilitate rupee-based trade, cutting transaction costs. Additionally, expanded rupee lending to regional partners and investment options for SRVA balances will bolster the rupee's global use and India's de-dollarisation efforts.

Times of India

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10 months ago

Asia Cup debacle: Afridi warns PCB chief Naqvi - 'It would be a big decision'

Former Pakistan captain Shahid Afridi advised Mohsin Naqvi to relinquish either his PCB chairmanship or Interior Ministry role, stressing Pakistan cricket's critical need for undivided focus. Afridi noted Naqvi's multiple high-profile positions, which he believes hinder dedicated attention to the sport, especially following the team's poor showings in the 2025 Champions Trophy and Asia Cup.

Times of India

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10 months ago

'Left's agenda': White House to cancel $8 bn climate fund; 15 states to take hit

Times of India

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10 months ago

US shutdown: White House slams Democrats; flags 'imminent layoffs'

Times of India

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10 months ago

'Tariffs to help farmers': Trump announces meet with China's Xi; US soybeans in focus

Donald Trump announced plans to use tariff revenue to aid American soybean farmers, who are suffering because China has halted purchases for "negotiating" reasons. He criticized Joe Biden for not enforcing a trade agreement and vowed to address the issue with Xi Jinping, as China now buys from Brazil and Argentina.

Times of India

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10 months ago

US Govt Shutdown Continues As Senate Democrats Hold Firm On Healthcare Subsidies

Hopes of quickly ending the latest US government shutdown collapsed on Wednesday after a Senate vote failed, with Democrats standing firm on demands to extend health care subsidies that President Donald Trump and Republicans have refused to support. The stalemate, which began just hours earlier, has plunged Washington into another round of partisan gridlock. The failed vote revealed cracks within the Democratic camp but delivered no breakthrough, leaving millions of Americans facing uncertainty over federal programs and services. Healthcare Subsidies at the Core At the centre of the dispute are Affordable Care Act tax credits, introduced during the COVID-19 pandemic, which have kept health insurance premiums affordable for millions. The subsidies are set to expire at the end of the year if Congress does not act, and according to a KFF analysis, their lapse would more than double monthly insurance costs for subsidised enrollees. Democrats have made extending these credits non-negotiable, while Republicans, led by Trump, argue that the subsidies amount to taxpayer-funded “handouts” that they refuse to extend. White House Blames Democrats Press Secretary Karoline Leavitt accused Democrats of playing politics at the expense of American families. “Democrats in Congress have officially shut down the US government,” she said in a briefing. “The House Republicans passed a non-partisan, clean bill to extend current government funding into November 21 — the very same bill Democrats supported six months ago, just adjusted for inflation. Nearly every Democrat senator voted against it.” Leavitt further charged that Democrats rejected the bill because Trump and Republicans refused to “force American taxpayers to pay for free healthcare for illegal aliens,” adding that the US already faces a $37 trillion national debt. “The Democrats jeopardised critical healthcare programmes and punished the most vulnerable,” she continued. “The Trump administration is committed to lowering healthcare costs, but we need to keep the government open and funded.” Uncertainty Ahead With neither side willing to back down, the shutdown — the first since 2018–2019 — could stretch on. Federal workers now face furloughs, essential services are under strain, and economic analysts warn that prolonged disruption could weigh heavily on growth and public confidence.

ABP Live

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10 months ago

Aging population : CEA Nageswaran urges long-term savings for India’s elderly; warns of demographic shift

Chief Economic Advisor V Anantha Nageswaran underscored the critical need for long-term savings to ensure financial security, anticipating India's elderly population will significantly expand by 2050. He stressed a mindset shift towards financial planning due to changing lifestyles, noting government efforts also enhance household saving capacity.

Times of India

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10 months ago

US job data: Private sector sheds 32,000 jobs in September; ADP report shows slowdown despite wage growth

The US private sector unexpectedly shed 32,000 jobs in September, according to ADP, defying analysts’ growth expectations. Significant losses occurred in leisure, professional services, and financial activities, reflecting cautious employer hiring despite robust economic growth. Salaries increased 4.5% year-on-year, with pay gains for job-switchers slowing. This report emerges as the Federal Reserve closely monitors the labour market amid employment concerns.

Times of India

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10 months ago

Putin Set for India Visit In December? Dates Being Locked Amid Global Tensions: Report

New Delhi [India], October 1 (ANI): India and Russia are finalising dates for Russian President Vladimir Putin's visit to India, which is expected to take place in early December, sources said. Russian Foreign Minister Sergey Lavrov is also expected to visit India before President Putin's visit, to prepare for the summit and discuss bilateral issues. At the 80th session of the United Nations General Assembly (UNGA) on September 27, Lavrov announced that a visit by the Russian President is planned for New Delhi in December, marking the ongoing diplomatic preparations. Speaking about India-Russia relations, Lavrov highlighted the depth of the bilateral agenda, covering trade, military and technical cooperation, finance, humanitarian matters, healthcare, high technology, artificial intelligence, and close coordination at international forums such as the SCO and BRICS. On India's trade autonomy, Lavrov emphasised, "We have full respect for the national interests of India, full respect for the foreign policy that Narendra Modi is carrying out to promote these national interests. We hold regular contacts at the highest level." He further clarified that India is "perfectly capable" of making its own decisions in trade relations, including those concerning Russian oil. Responding to questions about US tariffs imposed on India for importing Russian oil, Lavrov said, "(The economic partnership between India and Russia) is not under threat... The Indian Prime Minister and the Minister of Foreign Affairs have made it clear that India chooses its own partners. If the US has proposals on how to enrich bilateral trade between the US and India, they are prepared to discuss the terms for that. But when it comes to trade, investment, economic, military, technological, and other relations between India and third states, it is something that India will discuss only with those states in question." Lavrov also praised India's foreign policy approach, noting, "These situations that might arise between India and the United States or India and any other country, I can't consider them a criterion for relations between India and the Russian Federation. We have a strategic partnership, as we call it, for a long time... now we call it a particularly privileged strategic partnership." He recalled the recent meeting between the Indian Prime Minister and the Russian President at the SCO summit in China, highlighting the ongoing close coordination between the two countries at the international level. On India's global aspirations, Russia reiterated its support for India's bid for a permanent seat in the United Nations Security Council (UNSC). Lavrov stated that Moscow backs the applications of India and Brazil, emphasising the need for reform in the UNSC to reflect today's global realities and ensure better representation from Asia, Africa, and Latin America. Putin's visit comes after the US imposed tariffs on Indian goods due to India's purchase of Russian oil. Russia's Foreign Minister Sergei Lavrov stated that these tariffs won't affect India-Russia relations. The visit comes amid complex global situations, including the Russia-Ukraine conflict, and will likely highlight India's strategic autonomy in maintaining relations with both Russia and Ukraine. The visit will not only reinforce the long-standing camaraderie between New Delhi and Moscow but also open new avenues for cooperation in emerging sectors. Given India's non-alignment with the International Criminal Court (ICC), Putin's visit to India is feasible without concerns over the ICC arrest warrant. (ANI) (Disclaimer: This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

ABP Live

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10 months ago

Women's WC: Gardner shines as Australia beat NZ by 89 runs

Ashleigh Gardner's unbeaten 115 off 77 balls rescued Australia, helping them post a formidable 326 against New Zealand in their ICC Women’s World Cup opener. Australia's disciplined bowling attack then restricted New Zealand to 237, securing a comprehensive 89-run victory despite Sophie Devine's valiant century. This emphatic win marked a strong start to Australia's title defense.

Times of India

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10 months ago

Shocking! ILT20 2025 Auction: R Ashwin goes unsold

Veteran Indian off-spinner Ravichandran Ashwin, 38, surprisingly went unsold at the ILT20 2025 auction in Dubai, despite his USD 120,000 base price. His snub shocked many, given his stellar career and recent retirement from international and IPL cricket, which had made his availability a significant talking point. This unexpected turn of events has left many questioning the auction dynamics.

Times of India

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10 months ago