Diwali shoppers anticipate GST 2.0 benefits. New tax slabs aim to reduce prices. Past reforms showed limited consumer savings. Brands often absorbed reductions. Automobiles and electronics now see clearer price drops. Inflated MRPs can mask actual discounts. Credit options influence spending. Consumers should verify prices and credit terms carefully for real savings.
China strongly protested the US’s expanded export restrictions, which now automatically include subsidiaries 50% or more owned by blacklisted companies. This move significantly increases firms needing licenses for American goods and technology, complicating supply chains. Beijing demanded Washington immediately correct its “wrongful action” against Chinese enterprises.
Silver prices soared to a record Rs 1,50,000 per kilogram in the national capital on Monday, marking a fourth consecutive session of gains. Driven by robust global demand and safe-haven buying, the white metal has surged over 67% this year. Analysts cite industrial demand, tightening supply, and global uncertainties as key factors, with experts predicting…
Union Minister Ashwini Vaishnaw inaugurated seven new trains in Bihar. This included three Amrit Bharat Express services. Bihar now has 26 Amrit Bharat Express trains. The state’s railway budget grew ten times since 2014. Key projects like new bridges were completed. These services are expected to enhance connectivity.
The RBI’s Monetary Policy Committee is deliberating, with markets largely anticipating a status quo on interest rates. However, some experts advocate for a 25 basis points cut, citing benign inflation and GST-driven tax relief to boost consumption and credit growth, despite ongoing global uncertainties. The committee’s decision is expected on Wednesday.
India’s industrial sector recorded a 4.0% growth in August 2025, an improvement over the previous month. Mining, basic metals, and motor vehicles were key drivers, while infrastructure/construction goods saw the highest growth. However, consumer non-durables experienced a notable 6.3% decline, indicating weaker demand.
Tata Communications has secured a multi-crore order from the Goods and Services Tax Appellate Tribunal (GSTAT) to establish a comprehensive digital infrastructure. This project will integrate network, IoT, cloud, and security solutions across GSTAT’s principal and 31 additional benches nationwide. The initiative aims to streamline operations, enhance data security, and improve user experience through automation…
India and Bhutan have announced a landmark initiative to establish their first cross-border rail connectivity, linking Bhutan’s Gelephu and Samtse to the Indian railway network. This 90-kilometer project, costing Rs 4,033 crore, is fully funded by India under the ‘Make in India’ initiative. It aims to significantly boost Bhutan’s economy and trade, with the MoU…
Moody’s retained India’s Baa3 rating with a stable outlook, citing a robust economy and strong external standing despite US tariffs. The stable outlook and rating confirmation indicate India’s continuing credit advantages.
India’s health insurance renewals are projected to reach record highs in FY26, driven by popular modular, affordable, and high-cover policies, a Policybazaar report reveals. Increased awareness of lifestyle diseases and consumer-friendly plans, including cumulative bonuses, are making coverage more accessible nationwide. Policyholders aged 30+ and family floater plans show strong renewal trends, indicating growing national…
