Business Today

In this episode of Business today, watch as panelists share their thoughts on PM Modi's first interview before the G20 summit with Business Today and how the two-day event will help improve trade and investment opportunities in the country. 

Finance Minister Nirmala Sitharaman said that global collaboration to build a responsible financial eco-system is the top priority at the G20 meeting.

Crypto regulation to be taken up by G20 ministers in meetings tomorrow and on Wednesday.

In a fresh set of allegations against the Adani Group of companies, the Organised Crime and Corruption Reporting Project (OCCRP) has said that millions of dollars were invested in some publicly traded stocks of the group through "opaque" Mauritius funds.

Union Minister of Road Transport & Highways Nitin Gadkari said that India's highway road infrastructure will be equal to US standard before the end of 2024.

Modi government's big Onam gift for households as it slashed the price of LPG cylinders for domestic by Rs 200 per cylinder for all users.

The Centre on Sunday said that the onions would be sold at a subsidised rate of Rs 25/kg from Monday, through the National Cooperative Consumers' Federation of India (NCCF), as it enhanced the onion buffer stock from 300,000 metric tonnes to 500,000 metric tonnes.

Moody's, the ratings agency, has upheld India's BAA3 rating and sustained a 'stable' outlook for the nation's economy. These evaluations consider factors such as the curtailment of civil society and political dissent, combined with an escalation in domestic political risk, as highlighted by the ratings agency. In a separate development, Evergrande Group, one of China's major real estate developers, has filed for Chapter 15 bankruptcy protection in New York as part of its ongoing complex debt restructuring process. This filing has raised concerns regarding China's real estate market and its potential impact on economic growth, given that the property sector contributes to approximately 30% of the nation's economy. Watch on for more updates on business today.

Officials are thinking about moving around a lot of money, up to Rs 1 trillion (which is $12 billion), from different government departments to control the rising prices of food and fuel. They intend on doing this without causing problems for the federal deficit target. The Prime Minister, Narendra Modi, will decide on this in the next few weeks. The decisions might include reducing taxes on local gasoline sales and making it easier to bring in cooking oil and wheat from other countries. Meanwhile, the prices of petrol and diesel in India have stayed the same for more than a year. They were last changed in May 2022. The prices can be different in different places because of things like local taxes and other charges.

India saw a significant upsurge in its consumer price index (CPI) inflation, reaching a 15-month peak of 7.44 percent this month. This spike was primarily attributed to elevated prices of food and vegetables. Notably, the July CPI reading surpassed the Reserve Bank of India's upper tolerance threshold of 6 percent, marking the first breach in five months. Additionally, on Monday, ITC announced the approval of a scheme of arrangement among ITC, ITC Hotels, and their respective shareholders and creditors. This arrangement falls under Sections 230 to 232 of the Companies Act, 2013, along with other applicable provisions. Watch the video for more updates in business today. 

More than 85% of tax filers are still opting for the old tax regime as deductions and exemptions are still the mainstay of the middle class.

Computers and laptops may get slightly costlier as companies face more formalities after the government restricted their imports.

The Sensex and Nifty followed global cues and tumbled after Fitch downgraded the US credit rating.

The Enforcement Directorate (ED) carried out searches at Hero Motocorp Executive Chairman Pawan Munjal's residence and other premises in connection with the money laundering probe.

In an exclusive interview with Business Today TV, market master Raamdeo Agrawal said that indices will double in 5 years.