GST council meeting underway: What will become cheaper & dearer after GST slab changes? Top things to expect
The 56th GST Council meeting, presided over by Nirmala Sitharaman, is set to introduce significant changes to India’s indirect taxation framework. The council is considering ...
US economy: Q2 GDP growth revised upward to 3.3%; driven by low imports and strong consumer spending
The US economy rebounded strongly in the second quarter, growing at 3.3%, revised upwards from initial estimates. This surge followed a 0.5% contraction in the ...
GST rationalisation proposed! Lower slabs to lift domestic consumption, aid essentials & durables— what do economists say
Economists believe that the government’s proposed GST rationalisation will bolster domestic consumption, providing crucial support to the Indian economy amidst global headwinds like US tariffs. ...
I-Day boost: Discounts drive 8-10% sales growth; executives eye stronger festive season
India’s retail sector experienced an 8-10% year-on-year surge in footfalls and sales during the Independence Day discounts, signaling a potential revival. Electronics, groceries, and apparel ...
GST revamp: Centre sees consumption boost, better compliance
PM Modi’s GST revamp aims to simplify the tax regime and boost consumption, potentially offsetting short-term revenue impacts. While some states initially opposed major changes ...
US retail sales up 0.5% in July as shoppers shrug off Trump tariffs; auto, online, furniture lead gains
US retail sales demonstrated resilience in July, growing by 0.5% despite rising prices influenced by President Trump’s tariffs. Auto dealerships and online retailers experienced strong ...
US stock market today: Wall Street holds near record highs, oil steadies as crypto gains power Nasdaq
US stocks remained near record highs as geopolitical tensions eased and oil prices stabilized. The S&P 500 and Nasdaq saw gains, boosted by cryptocurrency stocks, ...
South Delhi India’s capital for FMCG consumption
West Delhi leads India in FMCG spending, averaging Rs 39,325 annually per household, while South Delhi consumes the most volume at 240kg per household. Bengaluru ...
RBI sees positive outlook for India’s economy in 2025-26 driven by consumption and capital spending
The Indian economy is projected to maintain a promising outlook in 2025-26, fueled by revived consumption, government capex, and healthy financial conditions. RBI’s report highlights ...
