Month: September 2025
GST rejig to ease pressure on household budgets: PwC
Household budgets across India are likely to see some relief following the recent revision in Goods and Services Tax (GST) rates, according to a report…
Elon Musk’s xAI lays off 500 workers tasked with training Grok. What layoff email said
Published on: Sept 14, 2025 08:41 am IST Elon Musk’s xAI laid off 500 workers from its data annotation team on Friday night. Elon Musk’s…
Why India should align with China
A chart that I recently came across shook me to the core. It revealed that China generates 2.5x more electricity than all of US, and…
Businesses get relief as CBIC eases ITC rules
Businesses receiving post-sale discounts in the form of financial or commercial credit notes without tax adjustments do not need to reverse input tax credit (ITC),…
Indian envoy to US discusses bilateral trade ties with US lawmakers
NEW YORK/WASHINGTON: India’s Ambassador to the US Vinay Mohan Kwatra discussed bilateral trade relations with several key American lawmakers and underlined Delhi’s support to efforts…
Proposals for AI solutions invited under Kerala AI initiative
Kerala State IT Mission, in collaboration with Kerala Startup Mission (KSUM), has invited artificial intelligence (AI) solutions that address real-world governance challenges identified by various…
GST not applicable on post-sale discounts given by manufacturers to dealers
Post-sale discounts given by manufacturers to dealers intended solely for competitive pricing and promoting sales will not be subject to GST, the Central Board of…
Economists lower India inflation forecasts despite August uptick; GST reforms supportive
India’s retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country’s broader…
India, EU committed to work for mutually beneficial trade pact soon: Goyal
India and the European Union are committed to work for a balanced and mutually beneficial free trade agreement soon, Commerce and Industry Minister Piyush Goyal…
India’s headline inflation seen at 3.2% during 2025-26: Crisil
Research and ratings firm Crisil said that the headline inflation during 2025-26 is projected to be 3.2 per cent, lower than its earlier estimate of…