DDIndia Business: Economic Headlines & Updates

Business

September 8, 2025 4:46 PM

Empowering Digital Tax Compliance- Navigating the extended ITR deadline

In response to structural changes in ITR forms and the need for a robust system rollout, the Central Board of Direct Taxes (CBDT) has shifted the Income Tax Return (ITR) filing deadline for FY 2024–25 (Assessment Year 2025–26) from 31 July to 15 ...

September 8, 2025 4:42 PM

India’s Critical Mineral Mission- Charting a self-reliant green future

The National Critical Mineral Mission (NCMM), launched in 2025, embodies the country's forward-looking strategy to secure essential minerals foundational to clean energy, advanced manufacturing, and defense technology. Spanning from 2024–25 to 2030...

September 8, 2025 4:22 PM

Swadeshi, Atmanirbhar Bharat key to overcoming global challenges: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said India has the strength to face any global challenge and called on businesses to focus on swadeshi products and self-reliance to ensure financial security. Speaking at the 56th EEPC India...

September 8, 2025 2:58 PM

GST 2.0 reforms to boost defence, renewables, solar sectors: Report

India's capital goods-related segments, such as defence, renewable and industrial machinery, could hugely benefit from the revision of the Goods and Services Tax (GST) structure, a report has said. Defence procurement and indigenous manufacturing, h...

September 8, 2025 1:31 PM

GST reforms to reduce complexity, improve compliance and lower costs for MSMEs: Report

In response to the adverse external developments, especially around US tariffs, the government has sought to soothe the economic impact by revitalising consumption, among other measures, with the GST 2.0 reforms, a report said on Monday. The GST Cou...

September 8, 2025 1:10 PM

India auto retail records 2.84% YoY growth in August; GST 2.0 and festive demand expected to boost sales: FADA

India’s auto retail sector registered a year-on-year (YoY) growth of 2.84% in August, driven by stronger performances in two-wheelers (2.18%), passenger vehicles (0.93%), commercial vehicles (8.55%) and tractors (30.14%), said a report by the Feder...

September 8, 2025 12:37 PM

GST 2.0: Fueling India’s commerce with simpler, smarter taxation

The GST Council, at its 56th meeting, approved a set of next-generation reforms aimed at simplifying India’s indirect tax regime, widening inclusivity and laying the groundwork for long-term growth. The changes, will come into effect from September...

September 8, 2025 10:48 AM

Japan revises Q2 GDP higher on upbeat consumer spending

Japan's economy expanded much faster than initially estimated in the second quarter, driven by upward revisions in private consumption and inventories, giving policymakers some assurance as they navigate political and trade uncertainty. Gross domest...

September 8, 2025 9:52 AM

Nifty, Sensex open in green; experts say improvement in Modi-Trump relation lifts sentiments

Indian equity benchmarks opened on a positive note on Monday, tracking firm global cues and investor optimism over potential improvement in relations between the US and India under the Trump and Modi administrations. At the opening bell, the Nifty 5...

September 7, 2025 12:48 PM

DRDO Conclave in Lucknow highlights MSME role in defence R&D

The Defence Research and Development Organisation’s (DRDO) Defence Technology and Test Centre (DTTC), Lucknow organised a conclave at its Amausi campus on Saturday to engage with micro, small and medium enterprises (MSMEs) and start-ups for defence...