cbic

FM Nirmala Sitharaman counters social media claims of GST registration corruption and delay

May 31, 2025

Finance Minister Nirmala Sitharaman lauded the CBIC for its swift response to social media allegations of GST registration delays and corruption. A Twitter user shared ...

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Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise

August 1, 2025

Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, ...

India’s forex kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase

August 1, 2025

India’s foreign exchange reserves saw a significant boost, climbing by $2.703 billion to reach $698.192 billion as of July 25, according to recent RBI data. ...

GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year

August 1, 2025

India’s Tax Treasure Chest: Decoding the Latest GST Surge India’s Goods and Services Tax (GST) continues to be a fascinating economic barometer, and the latest ...

Donald Trump’s 25% tariff: India expects minimal impact; indicates agriculture, dairy, GM food no-go areas in trade deal talks

August 1, 2025

The US imposition of 25% tariffs is expected to have minimal impact on India, with over half of Indian exports remaining unaffected due to existing ...

India’s manufacturing growth hits 16-month high: PMI for July jumps to 59.1; sales, output surge despite confidence level dip

August 1, 2025

India’s manufacturing sector surged to a 16-month high in July, reaching 59.1, fueled by robust order growth and output. Sales growth hit a near five-year ...