MUMBAI: India’s second-generation GST reforms will benefit consumers with lower prices and companies in terms of ease of doing business, said RIL chairman Mukesh Ambani. Calling the reforms progressive and a historic Diwali gift to citizens, Ambani said this will be a “big booster to consumption-driven growth”. “The GST rationalisation is a progressive step towards…
Tennis legend Bjorn Borg (AP Photo/Kirsty Wigglesworth, File) Tennis legend Bjorn Borg has disclosed in his forthcoming memoir “Heartbeats” that he was diagnosed with an “extremely aggressive” prostate cancer. He recently informed The Associated Press that his cancer is in remission following surgery in 2024.“I have nothing right now. But every six months I have…
GURGAON: Sentenced to life terms in three murder cases, Haryana’s most wanted gangster who jumped parole and started a new life as owner of a discotheque in Cambodia was landed in jail again after seven years. The dramatic escape story ended tamely this Tuesday when Mainpal Badli was escorted to the custody of the special…
MUMBAI: India Inc will see a “meaningful” impact on its earnings from the second half of this fiscal as new GST rates kick in from the last week of this month, ushering in a new phase of growth. The rates will result in higher volumes and lower costs for businesses, especially those benefiting from GST…
Pawan Barthwal (centre) with coaches after Thursday’s win Pawan Barthwal has been an Army man since 2017. Whether serving the nation on the battlefield or representing the country inside a boxing ring, the 26-year-old from Syupuri village in Uttarakhand has demonstrated exceptional resilience when confronted with challenges. The 9 Garhwal Rifles officer hasn’t been taught…
MUMBAI: For value retail players such as Tata Group’s Zudio, Reliance Trends and Vishal Mega Mart, the festive season just got bigger.With apparel and footwear priced up to Rs 2,500 now being moved to the 5% slab, lower and mid-income shoppers can splurge more on fashion. “We will see a big improvement in demand coming…
NEW DELHI: US President Donald Trump on Thursday moved Supreme Court challenging a federal court’s ruling that US president is not authorised to impose sweeping tariffs on foreign import. In the appeal submitted to the apex court, Trump justified the sweeping tariffs imposed on India and said that it was a crucial aspect for his…
Representative Image (AI-generated) MUMBAI: The reduction in health insurance premiums is unlikely to match the 18% GST cut as insurers are expected to pass some of the costs arising from input taxes to customers.While health insurance has seen the biggest drop in GST — from 18% to zero — the loss of input tax credit…
Tennis legend Bjorn Borg (AP Photo/Kirsty Wigglesworth, File) Tennis legend Björn Borg has disclosed in his forthcoming memoir “Heartbeats” that he was diagnosed with an “extremely aggressive” prostate cancer. He recently informed The Associated Press that his cancer is in remission following surgery in 2024.“I have nothing right now. But every six months I have…
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a report by the State Bank of India (SBI).As per news agency ANI, the report noted that while the government, based on FY24…
