Category: Economy
India plans $125 billion push to boost high-speed road network
India plans to expand its high-speed road network fivefold within a decade, investing Rs 11 lakh crore ($125 billion) to modernize infrastructure and slash logistics…
Centre launches subsidised onion sale at Rs 24/kg in Delhi, Mumbai, Ahmedabad
The Centre on Thursday kick-started subsidised sale of onions at Rs 24 per kg in Delhi, Mumbai and Ahmedabad to make the key kitchen staple…
Trump’s tariff pains, Modi’s GST relief: Govt gives a reform armour to every Indian
When US President Donald Trump doubled tariffs on Indian goods to 50%, concerns rippled through India’s export sectors. Economists warned of slower GDP growth, potential…
GST rate cuts will improve affordability and give a fillip to consumption: Morgan Stanley
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to…
With GST 2.0, Govt’s focus shift from capex oriented spending to consumption-led growth: Report
The government’s announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country’s economic strategy. According to a…
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s…
India needs to bring down tariffs to ASEAN level, says member of Economic Advisory Council to PM
Economic Advisory Council to the Prime Minister (EAC-PM) member Rakesh Mohan on Thursday said there is room for India to reduce import duties and efforts…
GST 2.0: Biggest gainers and losers of the new tax regime
Finance Minister Nirmala Sitharaman on Wednesday unveiled tax cuts for hundreds of consumer items, from soap to electronics. India will now have two major slabs…
Government planning to bring shell companies out of their shell
New Delhi: The government is planning to tighten regulations to bring shell companies under stricter supervision and address regulatory blind spots. The ministries of finance,…
GST 2.0 FAQS: Will large cars attract cess? What rate has been set for insurance premium? Will cigarettes get costlier? Check details
GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after…