The ministry of finance has released details on the proposed GST reforms, saying that a two-slab GST structure is being mulled. (AI image) Big GST relief soon! Prime Minister Narendra Modi in his Independence Day speech announced that the Goods and Services Tax (GST) burden on the common man is set to come down from…
Asian stock markets showed a mixed performance on Friday, with strong Japanese growth figures offset by weaker Chinese data, while oil prices slipped ahead of a high-stakes US-Russia summit on Ukraine.As per news agency AFP, Japan’s economy expanded by 0.3% in the April-June quarter, surpassing forecasts, while the previous quarter’s output was revised upwards, helping…
Marking the 79th Independence Day, Prime Minister Narendra Modi called on India’s scientific and engineering talent to take the lead in designing and building jet engines for the country’s own fighter aircraft, a move he said was vital for true defence self-reliance.Speaking from the Red Fort, PM Modi linked the appeal to his government’s Atmanirbhar…
Prime Minister Narendra Modi on Friday used his 79th Independence Day address from the Red Fort to underline India’s renewed focus on semiconductor manufacturing, while pointing to decades of missed opportunities in the sector.“When we talk about different dimensions of technology, I want to draw your attention. Let me take semiconductors as an example… files…
Japan recorded modest economic growth in the April–June quarter, overcoming the pressure of steep US tariffs, official figures showed on Friday. Preliminary data from the Cabinet Office indicated that gross domestic product (GDP) grew 0.3% from the previous quarter, outpacing market expectations of 0.1%. The January–March reading was also revised up to 0.1% growth from…
PM Modi promised a Diwali gift for people in the form of GST reforms and lower tax burden. (AI image) In a big cheer for the middle class and common man, Prime Minister Narendra Modi on Friday announced upcoming Goods and Services Tax (GST) reforms. Speaking from Red Fort on the occasion of the 79th…
MUMBAI: The Pallonji Mistry family, the largest individual shareholders of Tata Sons, have backed Noel Tata’s appointment to the board of the holding company of the $180 billion Tata Group. Noel, 69, is the son-in-law of the late Pallonji Mistry and was nominated to the board of Tata Sons by its largest shareholder, Tata Trusts….
NEW DELHI: Commerce secretary Sunil Barthwal said on Thursday that government was engaged in talks for a bilateral trade deal with the US, with deliberations taking place at multiple levels, but added that the status of an American delegation visiting India for the next round of bilateral trade talks will be known closer to the…
NEW DELHI: India’s goods exports rose 7.2% to $37.2 billion in July, snapping a two-month declining trend, while imports increased 14.7% to $64.6 billion. As a result, the trade deficit widened to $27.4 billion, the highest since last Nov.Although petrol, diesel and jet fuel exports fell 25% to $4.3 billion, it was more than offset…
NEW DELHI: Amid discussions for reduction of GST for many products, a group of ministers from states, headed by Bihar deputy CM Samrat Chaudhary, will meet next week. Several members of GoM, especially those from the Opposition, had suggested maintaining status quo on slabs and rates, citing possible adverse impact on revenue, but govt has…
