Economy Archives - Page 70 of 311

Economy

September 7, 2025 11:37 AM

India’s future growth depends on building a ‘startup-linked economy’: Minister

India’s future growth will increasingly depend on building a ‘startup-linked economy’ anchored in strong industry partnerships, according to Union Minister Jitendra Singh. According to Minister Singh, the government has created an enabling e...

September 5, 2025 10:45 AM

Sensex opens 300 pts higher, Nifty up 0.34%; Experts say GST 2.0 will drive stock rally

Indian stock markets continued their upward momentum on Friday with a positive opening, supported by optimism around the recently announced GST 2.0 reforms. Investors are hopeful that the new tax rationalisation measures will boost overall consumpti...

September 4, 2025 7:55 PM

GST Reforms: Generous, Simplified, and Timed Well

The Narendra Modi Government is in a hurry, and for all the good reasons. An income tax cut for all those earning up to Rs. 12 Lakh per annum and rejigging the GST slabs in the same calendar year are signs of intent and commitment. The Modi Governme...

September 4, 2025 7:46 PM

Sweet or salted, popcorn now under single 5% GST slab

The GST Council has ruled that all varieties of popcorn will now attract a uniform 5% GST under the new regime. The decision ends years of confusion over how popcorn should be taxed. Earlier, loose salted popcorn was charged 5% GST, packaged or bran...

September 4, 2025 6:38 PM

GST rationalization brings most dairy products to nil or 5% rate

In a move to support India’s dairy sector, the 56th GST Council on Wednesday approved a rationalization of GST rates on milk and milk products. Under the new structure, which will take effect from September 22, most dairy items are now either exemp...

September 4, 2025 5:20 PM

GST reforms seen adding only 0.05% of GDP to centre’s fiscal burden: Bernstein

The sweeping Goods and Services Tax (GST) reforms announced by the government this week are expected to have only a marginal impact on the Centre’s finances, with the fiscal cost pegged at around Rs 18,000 crore, or 0.05 per cent of India’s proje...

September 4, 2025 4:51 PM

Indian indices end marginally up as profit booking, IT stocks erase early gains

Domestic equity indices closed with modest gains on Thursday after a volatile session, as early optimism over GST reforms was offset by profit booking and weakness in IT stocks. The Sensex surged more than 900 points in opening trade, touching 81,45...

September 4, 2025 4:56 PM

GST rate cut across fisheries value chain to boost India’s Blue Economy: Govt

The fisheries sector has received a major boost under the latest GST reforms with a significant tax rate rationalisation, which will help in the reduction of operational costs, enhance competitiveness in domestic and export markets, and directly bene...

September 4, 2025 4:04 PM

Piyush Goyal urges India Inc. to pass on entire GST rate cut to consumers

Union Commerce and Industry Minister Piyush Goyal on Thursday called on India Inc. to ensure that the full benefit of the recent GST rate cut is passed on to consumers, saying it would boost demand and drive economic growth. Speaking at the Bhar...

September 4, 2025 3:40 PM

GST reforms can further lower inflation, allow RBI to cut repo rate by another 25 bps this year

The recent GST tax rate cuts can help lower inflation if companies pass on the benefits to consumers, potentially allowing the Reserve Bank of India (RBI) to reduce the repo rate by another 25 basis points in the fourth quarter of this year, an HSBC ...

Economy

Top Stories of the Day