The Finance Ministry has announced that preparations for the Union Budget 2026–27 will begin on October 9, marking the start of a multi-stage exercise to shape India’s fiscal priorities for the next financial...
The Finance Ministry has announced that preparations for the Union Budget 2026–27 will begin on October 9, marking the start of a multi-stage exercise to shape India’s fiscal priorities for the next financial...
A new report has indicated that Indian states will be net beneficiaries of GST rate rationalisation, easing fears that consumer-friendly tax cuts could erode state revenues. The findings show that simplified tax slabs...
State Bank of India (SBI) has reassured state governments that they need not worry about revenue losses from Prime Minister Narendra Modi’s proposed “Diwali GST gift”, which involves rate rationalization and consumer-friendly tax...
Tamil Nadu has signed 26 investment MoUs worth ₹7,020 crore during Chief Minister M.K. Stalin’s visit to Germany, a move that is expected to generate more than 15,000 jobs across multiple industries. This...
The Finance Ministry has highlighted the transformative potential of the Account Aggregator (AA) ecosystem in expanding access to formal credit across India. By enabling secure and consent-based sharing of financial data, the AA...
India’s path to a $5 trillion economy does not solely depend on unicorns or mega-corporations. Instead, it lies in empowering tens of thousands of MSMEs (Micro, Small, and Medium Enterprises) to scale sustainably....
Former RBI Deputy Governor has emphasized that India Inc needs to significantly scale up investments if the country is to achieve the desired 8% growth trajectory. While India’s growth outlook remains robust, driven...
India and the United Arab Emirates (UAE) have initiated discussions on expanding pharmaceutical trade and introducing a local currency settlement system to reduce reliance on the U.S. dollar. The move is expected to...
The Confederation of Indian Industry (CII) has said that the government’s GST rate cut reforms will help cushion the impact of steep U.S. tariffs on Indian exports. By lowering indirect tax burdens on...
The Reserve Bank of India (RBI) has reported that ₹2,000 denomination notes worth ₹5,956 crore are still in circulation, despite the withdrawal directive issued in May 2023. While the majority of these high-value...
A report by Goldman Sachs highlights a fundamental shift in Indian households’ investment preferences: more citizens are moving from traditional physical assets like gold and real estate toward financial assets such as mutual...
Industrial credit growth in India slowed to 7.6% in June 2025, according to the latest data from the Reserve Bank of India (RBI). This marks a moderation from the double-digit growth seen earlier,...
India’s economy is projected to grow at 6.5% in FY26, according to a report by Bank of Baroda (BoB), but escalating tariff tensions with the U.S. pose significant downside risks. While domestic demand,...
Karnataka Chief Minister Siddaramaiah hailed the consensus reached among eight opposition-ruled states on GST reforms, calling it a step toward creating a more balanced and cooperative tax regime. The collective stance emphasizes the...
Chief Economic Adviser (CEA V. Anantha Nageswaran) has said that recent GST reforms, combined with the upcoming festive season, could provide a significant lift to consumer demand and overall economic activity. Speaking on...
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