Tag: economic growth
Financial stability foremost priority, but we shouldn’t impede growth through regulations: RBI Governor Sanjay Malhotra
After announcing a slew of measures centred around ease of doing business and relaxations of norms, RBI Governor Sanjay Malhotra asserted that financial stability is…
Government reports fiscal gap at 38.1% of FY26 target as of August
New Delhi: Higher spending and lower net tax collection widened the Centre’s fiscal deficit up to August in this financial year to 38.1% of the…
Mechanism set up for sharing sectoral growth trends with ministries
New Delhi: The statistics ministry has set up a mechanism to share sectoral growth trends with relevant ministries following the release of gross domestic product…
States should get compensation for GST revenue loss; eco growth should benefit all: Kerala FM Balagopal
New Delhi: Kerala Finance Minister KN Balagopal on Sunday said GST rate rationalisation benefits should be passed on to the common people, but if there…
Fitch raises GDP forecast to 6.9%, says reforms to boost consumption
New Delhi: The GST reform will stimulate consumption and reduce risks to the economic growth outlook as higher US tariffs threaten export demand, Fitch Ratings…
New GST rates, coming into effect this Navratri, to boost economy: Ashwini Vaishnaw
The income tax relief provided for in the 2025-26 Budget, coupled with GST rate rationalisation, is set to further push India’s economy to another level,…
HT Interview: Govt focus will now shift on ensuring transmission of rate cuts to consumers, says Sitharaman
Increased consumption may well help the government end the financial year with no impact on revenue on account of the rationalisation in GST rates, finance…
Tax tweak to tame CPI by 50-90 bps
Around one-fourth of items, mostly essential and household goods, in India’s inflation basket will be taxed at 5% following the goods and service tax cuts…
Industry must pass on GST gains to buyers: Piyush Goyal
Commerce and industry minister Piyush Goyal said he has asked industry to pass on the benefits of lower goods and services tax (GST) to consumers…