Business

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

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The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to post-sale discounts offered by manufacturers ...

Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

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China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses ...

China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves

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China is easing gold import/export licensing, aiming to diversify reserves from the US dollar. The People’s Bank of China (PBOC) plans to broaden the use ...

Real estate sector: Institutional investors infuse $80 bn since 2010; foreign capital dominates 57% inflows

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India’s property market has attracted nearly $80 billion in institutional investments over the past 15 years, establishing itself as a preferred asset class. Foreign investors ...

Delhi’s Bhai Dooj gift: Pink Card registration to begin from mid October; free bus travel for women

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The Delhi government is gearing up to launch its Pink Card initiative by mid-October, offering women lifetime free bus travel as a Bhai Dooj gift. ...

India-EU FTA: ‘Looking forward to our continued dialogue’ says Goyal; 13th round of talks held in Delhi

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India and the European Union have reaffirmed their dedication to finalizing the long-awaited Free Trade Agreement, emphasizing its potential to greatly benefit citizens and businesses. ...

India REITs shine: Yields at 6-7.5% beat global peers; $25bn market cap seen in 4 yrs

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Indian REITs are outperforming global markets with yields of 6-7.5%, attracting significant investment since 2019. The market capitalization is nearing $18 billion and is projected ...

US tariff hit: Indian home textile exports set for 5-10% fall – report

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Indian home textile exporters are bracing for a 5-10% revenue decline this year due to a steep 50% US tariff imposed in late August. While ...

BoB report sees CPI easing to 3.1% in FY26; GST cuts to soften prices further

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Bank of Baroda projects retail inflation to average 3.1% in FY2025-26, potentially dipping lower due to GST cuts reflecting in prices. August 2025 saw consumer ...

Global ambition: India aims to place two PSBs among top 20 banks by 2047

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India aims to elevate at least two public sector banks into the world’s top 20 by 2047, leveraging improved financial performance and reduced NPAs. The ...