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Posted in Economy

GST Council to consider 17-day refund timeline, faster registrations

The GST Council, meeting Thursday, will seek to slash the refund period to around 17 days, which will include a maximum 10 days for acknowledgement,…

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The BeeStation collates local files, photos on your phone, manages cloud storage, and external drives into an intuitive symmetry. (HT Photo)
Posted in Business

Escape cloud bills? Synology BeeStation keeps your local files always accessible

Par for the course (at least for consumers) with network-attached storage, or NAS, is a sense of trepidation. This usually revolves around the complexity of…

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Zomint: Wealthtech startup Zomint raises Rs 36 crore from Lightspeed, Prime Venture Partners
Posted in Startups

Zomint: Wealthtech startup Zomint raises Rs 36 crore from Lightspeed, Prime Venture Partners

Wealth management platform Zomint has raised Rs 36 crore ($3.75 million) from Lightspeed Venture Partners and Prime Venture Partners in its maiden funding round, as…

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More RBI rate hikes loading? Decoding what Malhotra’s ‘caliberated tightening’ stance means

After cutting rates by 125 basis points in 2025 and then keeping the repo rate unchanged at 5.25% for four straight policy reviews, the Reserve…

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Posted in GST

Next-gen GST reforms: Single registration, easier input tax credit among key MSME demands

The 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing compliance burden for small…

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RBI MPC Key Takeaways 2026: Repo rate hiked to 5.50%, FY27 GDP growth forecast raised to 7.1%

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, raised the policy repo rate by 25 basis points to…

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RBI Governor Sanjay Malhotra will announce the policy decision at 10 am after the conclusion of the three-day meeting of the Monetary Policy Committee (MPC).
Posted in Business

RBI raises repo rate by 25 points in first hike in four years, loan EMIs may rise

The Reserve Bank of India (RBI) raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, marking its first rate hike in…

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Nifty went through one of its longest losing streak last month.
Posted in Business

Sensex, Nifty today: Markets open lower ahead of RBI policy; Sensex falls 446 points, Nifty slips 161

Stock markets opened lower on Wednesday tracking weak global cues and a negative signal from GIFT Nifty. Nifty went through one of its longest losing…

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Vehicle retail sales rose 20.77% year-on-year to 15.51 million units in the first half of FY27, according to Fada data. (Mint)
Posted in Business

Auto dealers warn price hike could hit GST-led sales boom

Automobile dealers are warning carmakers that price hikes could wipe out the benefit of last year’s goods and services tax (GST) cut, potentially slowing the…

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India and US trade deal still have a few stubborn cards to play: Fitch unit

India and the US are likely to eventually conclude an interim trade agreement, but a near-term breakthrough looks unlikely as the two sides remain divided…

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