DDIndia Business: Economic Headlines & Updates

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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...

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 6, 2025 4:57 PM

GST reductions to boost cooperatives, farmers, rural enterprises: Ministry

The sweeping GST reforms unveiled this week will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase the income of cooperatives, the Ministry of Cooperation has said. According to a sta...

September 6, 2025 12:56 PM

GST 2.0: India’s bold tax reforms and the push for self-reliance

In the sweltering heat of India's Independence Day celebrations on August 15, 2025, Prime Minister Narendra Modi stood atop the historic Red Fort in Delhi, addressing a nation brimming with anticipation. Amidst his speech on national progress and ec...

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