Economy

Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab

New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved...

Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India

Finance minister Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US...

Inter-state disparity in terms of revenue receipt remains huge: Report

New Delhi: The revenue disparity among Indian states continues to be significant, while some states have shown revenue growth in FY25 but others...

Ministry may soon tap Cabinet for green flag on FTA SOPs as new guidelines nearly readly

New Delhi: The commerce and industry ministry will soon seek Cabinet nod for the standard operating procedure (SOP) for negotiating its free trade...

Automobile exports from India rise 14% in April-September period

New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by...

Grant-in-aid, tax devolution from Centre to States will moderate at 4.5% from 15.3% last fiscal: NSE

New Delhi: State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are projected to decline...

insurance GST: GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance

A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in...

H1B visa issue is now a thing of the past, says Union Minister Piyush Goyal

Union Minister of Commerce and Industry, Piyush Goyal, declared that the H1B visa issue is now "a thing of the past" during a...

PM Kaushal Vikas Yojana 4.0: Training track set for 1 million workers to run key schemes

New Delhi:India could create a pool of one million skilled workers to feed the demand for trained workers from the flagship schemes of...

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and...

Economic activity shows dynamism but at moderated pace in Q2: NCAER-NSE Survey

New Delhi: Economic activity continued to show dynamism in the second quarter of 2024-25, though at a moderated pace, according to the NCAER-NSE...

NBFCs: RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from...

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