Category: Economy
Roti, kapda aur makan: The firepower India’s common man got as Diwali gift
Once branded the “Gabbar Singh Tax” for its sting on wallets, GST has gone through a much needed makeover and this time, it’s playing hero…
GST cuts on farm inputs, dairy products ‘big Diwali gift’ for farmers: Agri industry
Industry leaders across agriculture and dairy sectors on Thursday welcomed the government’s decision to reduce GST rates on key agricultural inputs and dairy products, calling…
GST: Once branded Gabbar Singh Tax, it turns out to be Good and Simple Tax
In 2017, nearly four months after the Goods and Services Tax came into effect, Rahul Gandhi, the Congress vice-president, criticised the GST, calling it BJP’s…
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…