Indian Economy

PM Modi’s address to nation: Income tax relief, GST rate cuts to result in Rs 2.5 lakh crore savings; asks people take pride in ‘Swadeshi’ goods

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Prime Minister Modi spoke of upcoming GST reforms, effective September 22, 2025, calling it ‘GST Bachat Utsav’. The revised tax structure features only 5% and ...

GST 2.0 impact: Companies rush to hire temporary staff; rate cuts expected to boost festive buying

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Indian companies are rapidly hiring temporary staff across sectors like e-commerce, retail, and auto, spurred by recent GST rate cuts and anticipated festive sales. Firms ...

Japan’s agency R&I upgrades India’s sovereign credit rating

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India’s Credit Score Gets a Gold Star: What It Means for You Imagine your financial report card just got bumped up a grade. That’s essentially ...

Japan’s agency R&I upgrades India’s sovereign credit rating

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India’s Economic Ascent: A Credit Rating Upgrade and What It Means India’s economic narrative just got a significant boost. Rating and Investment Information, Inc. (R&I), ...

Japan’s agency R&I upgrades India’s sovereign credit rating

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India’s Credit Score Gets a Thumbs-Up: What This Means for You The mood in financial circles is decidedly upbeat. Recently, Rating and Investment Information, Inc. ...

Forex kitty expands to $702.9 bn, $4.7 bn added in a week; gold reserves rise $2.1 bn

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India’s foreign exchange reserves witnessed a substantial increase of $4.698 billion, reaching $702.966 billion for the week ending September 12, according to the Reserve Bank ...

‘No plan to revive anti-profiteering rules under GST’

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The End of Anti-Profiteering: What It Means for Your Wallet The GST era has been a wild ride, hasn’t it? From initial confusion to (relative) ...

Net direct tax mop-up rises 9% to Rs 10.82 lakh cr, corporate advance tax grows; refunds fall

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India’s net direct tax collections surged by 9.18% to exceed Rs 10.82 lakh crore, propelled by increased corporate advance tax payments. However, refunds witnessed a ...

Fiscal discipline crucial for growth; states to prioritise quality spending: RBI governor

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RBI Governor Sanjay Malhotra emphasized fiscal discipline for economic growth, urging states to prioritize expenditure quality and prudent borrowing. At the 35th Conference of State ...

‘Don’t hesitate to invest more, expand capacities’: Sitharaman tells India Inc, lists 3 points – Here’s all you need to know

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Finance Minister Nirmala Sitharaman urged India Inc to increase investments and expand capacities, highlighting the government’s delivery on key reforms. She requested the private sector ...