Tag: China

GST on UPI transactions: Government denies reports of levying GST on UPI transactions over Rs 2000 | India-Business News

Business
The government on Friday denied reports suggesting GST levying on UPI transactions exceeding Rs 2,000, calling such claims “completely false, misleading, and without any basis.”In an official statement, the finance ministry said, “Currently,...

No GST on UPI transactions over Rs 2,000, clarifies govt; terms rumors as baseless

Economy
The Ministry of Finance has categorically denied recent rumors suggesting that it is planning to impose Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions exceeding Rs 2,000. In an official statement issued...

Tariffs can boost manufacturing, but are India’s factories ready?

Economy
Trade wars unleashed by US President Donald Trump's tariffs policy can offer a big opportunity to India to boost its manufacturing as Trump...

China knows Trump’s breaking point

Market
In his own mind, President Trump is a four-dimensional dealmaker who always outsmarts his counterparties. In his real-world...

India’s $23 billion plan to rival China factories to lapse after it disappoints

Economy
Indian Prime Minister Narendra Modi's government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after...

‘Silver lining for India if it strikes special deal with US’: Fareed Zakaria

Economy
New Delhi: Everyone loses from a tariff war but there may be a silver lining for India if it manages to carve out...

China to impose extra tariffs of 10%-15% on various US farm products

Market
(Reuters) - China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a...

China’s electric vehicles are around 3-5 years ahead, BYD CEO says

Market
BEIJING (Reuters) - China's electric vehicles are around three to five years ahead of the competition in terms of...

Xi-Jack Ma Chat Seen as Next Catalyst for Blistering China Rally

Market
(Bloomberg) -- A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a...

Dollar, tech and tariff delays fuel rotation plays

Market
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets go into the...

DeepSeek Drives $1.3 Trillion China Stock Rally as Funds Pile In

Market
(Bloomberg) -- DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from...

Trump and his US tariffs: market reaction

Market
US President Donald Trump has quickly installed US tariffs and Canada, Mexico and China, starting rumours of a full on trade war. But...

America first or global backlash? Zerodha’s Nithin Kamath questions Trump’s tariff strategy

Stocks
Zerodha CEO Nithin Kamath on Monday cast doubt on the effectiveness of U.S. President Donald Trump’s “America First” trade policies, suggesting that the...

DeepSeek’s Overnight Rise to Fame Strains System, Draws Attacks

Market
(Bloomberg) -- Talk of an artificial-intelligence upstart in China behind a formidable ChatGPT rival had been building for days....
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