GST cuts may boost GDP, lower inflation: Report GST reforms: Rate cuts may lift GDP, ease inflation, says Standard Chartered India’s recent Goods and Services Tax (GST) reforms could turn into a significant boost for the economy, with potential benefits ranging from higher GDP growth to easing inflationary pressures, according to a fresh report by […]
GST Council cuts tax rates, several items become cheaper GST Council limits slabs to 5% and 18%, effective September 22 Navaratri. New Delhi: Everyday essentials and popular consumer goods are set to become cheaper after the Goods and Services Tax (GST) Council approved sweeping reforms to India’s indirect tax structure. From September 22—coinciding with the
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Trump’s India tariffs hit textiles, jewelry; spare electronics. A 50 percent tariff on Indian goods threatens billions in trade, straining Washington-New Delhi ties. Trump’s 50% Tariff on India: Trade, Jobs, and Diplomatic Tensions at Risk United States President Donald Trump’s sweeping 50 percent tariff on Indian goods officially came into effect on Wednesday, marking a
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Russian oil supplies to India continue: Manturov His gesture reflected deep respect for the enduring legacy of the Soviet people’s courage and resilience. Russian Oil and Energy Supplies to India Continue, Manturov Says; Jaishankar Co-Chairs Intergovernmental Talks in Moscow Moscow: Russia’s energy lifeline to India remains uninterrupted, with crude oil, coal, and petroleum products continuing
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Trump tariffs on India aimed at ending Russia-Ukraine war. Earlier, U.S. Treasury Secretary Scott Bessent sharply criticized India, accusing New Delhi of “profiteering” by purchasing discounted Russian oil and reselling it in global markets for profit. His remarks have stirred tensions not only between Washington and New Delhi but also with Beijing, which is closely
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Ukraine seeks \$150B arms, drones for US guarantees. Ukraine has reportedly circulated ambitious proposals among its European partners ahead of President Volodymyr Zelenskyy’s scheduled talks with US President Donald Trump at the White House. The plan includes a request for \$100 billion in advanced weapons and an additional \$50 billion for drones, aimed at securing
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US, China extend tariff truce for 90 days. The tariff truce between Beijing and Washington, originally scheduled to conclude on August 12, has been a crucial pause in escalating trade tensions between the world’s two largest economies. Without the recent 90-day extension, US tariffs on Chinese imports would have reverted to the steep peak levels
Soybeans jump as Trump urges China to buy more. Soybean prices climbed on Monday after former U.S. President Donald Trump said he wanted China to purchase more American soybeans, fueling hopes of increased export demand. Traders said the remarks, made during a campaign stop, added optimism to grain markets already watching weather patterns in key
India’s Defence Output Hits ₹1.5 Lakh Crore FY25. In FY 2024-25, India’s defence production saw significant growth, with Defence Public Sector Undertakings (DPSUs) recording a 16 per cent rise in output, while the private sector achieved an impressive 28 per cent increase. This surge reflects the country’s push for self-reliance in defence manufacturing, supported by
India’s Defence Output Hits ₹1.5 Lakh Crore FY25. Read More »
Trump Rejects Tariff Talks as India Faces Hike. India has expressed deep disappointment over the United States’ decision to impose additional tariffs, calling it “extremely unfortunate.” Officials stated that the move unfairly targets India for actions that many, New Delhi emphasized that such measures undermine the spirit of mutual cooperation and could strain bilateral relations.
