Indian Economy

GST rationalisation proposed! Lower slabs to lift domestic consumption, aid essentials & durables— what do economists say

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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. ...

Manufacturing push in India: Samsung expands production portfolio; ‘driven by talent and innovation’ says Ashwini Vaishnaw

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Samsung is increasing its manufacturing presence in India, reinforcing the nation’s significance in the global electronics supply chain. Union Minister Ashwini Vaishnaw announced Samsung’s plans ...

GST reform: Industry hails slab cut plan; experts see relief for MSMEs, consumers

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Indian business circles are happy with Prime Minister Narendra Modi’s plan to change the Goods and Services Tax. The government plans to simplify GST by ...

‘Much required’: PM EAC member welcomes S&P rating upgrade; says India still ‘underrated’

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S&P Global Ratings upgraded India’s sovereign credit rating to ‘BBB’, a move welcomed by the Economic Advisory Council, though they believe India’s economic strength warrants ...

‘Much required’: PM EAC member welcomes S&P rating upgrade; says India still ‘underrated’

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S&P Global Ratings upgraded India’s sovereign credit rating to ‘BBB’, a move welcomed by the Economic Advisory Council, though they believe India’s economic strength warrants ...

‘Much required’: PM EAC member welcomes S&P rating upgrade; says India still ‘underrated’

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S&P Global Ratings upgraded India’s sovereign credit rating to ‘BBB’, a move welcomed by the Economic Advisory Council, though they believe India’s economic strength warrants ...

GST reforms: CII hails PM Modi’s move; calls it a ‘visionary’ step for businesses

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The Confederation of Indian Industry (CII) has lauded Prime Minister Modi’s announcement of next-generation GST reforms, envisioning a simpler, more transparent tax regime. A high-powered ...

GST revamp: Centre sees consumption boost, better compliance

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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 ...

GST rates to come down drastically! 99% of items in 12% bracket may move to 5%; here’s how you will benefit

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The Centre’s proposed GST revamp is set to significantly alter tax slabs, with approximately 90% of items from the 28% bracket potentially moving to 18%. ...

GST reforms push: PM’s Diwali GST rate cut plan seen as timely, experts say it will boost economy

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Prime Minister Modi’s GST 2.0 announcement, featuring rate cuts by Diwali, is hailed by tax experts as a strategic move to bolster the Indian economy. ...