The latest Goods and Services Tax (GST) rate rationalisation is expected to deliver a significant boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama.As per news agency ANI, the brokerage noted that almost the entire FMCG pack will benefit from the announced tax cuts, which are likely to translate into […]
September 2025 bank holidays: Is it a bank holiday today, on September 5? Check details
Banks in several states are closed today, September 5, on account of Id-E-Milad and Thiruvonam, according to the Reserve Bank of India’s (RBI) holiday calendar for the month.Customers have been advised to check with their respective branches before visiting, reported ET.As per the RBI notification, banks will not be operational today in Gujarat, Mizoram, Maharashtra, […]
Gold price prediction: What’s the outlook for September 5, 2025? Gold may find support at Rs 1,06,500
Gold price prediction: Gold’s intraday setup remains constructive with EMA crossover support, healthy RSI levels, and a positive MACD structure. (AI image) Gold price prediction today: Gold rates are touching a life-time high and a ‘buy on dips’ strategy may work, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is […]
EU ban impact: India’s diesel exports to Europe skyrocket; 137% surge in August shipments
August diesel exports to Europe increased 73% from last month. (AI image) The European Union’s new restrictions on Russia’s crude oil have led to a massive surge in diesel shipments from India. India’s diesel shipments to Europe jumped 137% year-on-year, reaching 242,000 barrels per day (bpd) in August, as customers prepared for the European Union’s […]
‘Received assurance from all sectors’: Piyush Goyal assures full GST benefit transfer to consumers; defends three-slab structure
File photo: Union minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal has assured that the reduction in Goods and Services Tax (GST) rates will directly benefit the common man, with industries across sectors committing to pass on the gains.Speaking to news agency ANI, Goyal said, “We have received assurance from […]
Top stocks to buy today: Stock recommendations for September 5, 2025 – check list
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for September 5, 2025 are Adani Ports, and Jayaswal Neco Industries. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark Indices witnessed a recovery in the first half of the current week and formed a high […]
GST reforms 2025: Green energy transition gets turbo-charged
NEW DELHI: The rationalisation of GST sets India’s clean energy transition on turbo-charge by partially shifting the tax burden from green energy products to fossil fuels, raising the cost of oil and gas production along the ‘polluters pay’ principle. From Sept 22, renewable energy products will attract 5% GST against 12% at present, which, says […]
FM’s pro-people pitch helped bring all stateson board for GST cuts
NEW DELHI: The Centre’s single-mindedness helped it get states sign off on the massive cuts in GST rates Wednesday, making it likely that the lower prices of a whole range of goods and services become a reality much before by Diwali.While states such as Karnataka and Kerala were vocal inside when the GST Council met […]
‘Not that high’: Donald Trump vows ‘fairly substantial’ chip tariffs soon; tech industry braces for impact
US President Donald Trump speaks during a dinner in the State Dinning Room of the White House. (Pic credit: AP) US President Donald Trump on Thursday announced that United States will impose a “fairly substantial tariff” on computer chips coming into the country, during a White House dinner with tech industry executives. “We will be […]
GST reforms ‘Diwali Dhamaka’, meant to better lives, says PM
NEW DELHI: A day after the sweeping reforms in the Goods and Services Tax (GST), Prime Minister Narendra Modi hailed, what he called, the “Diwali Dhamaka”, and said they are part of a string of reforms introduced by his govt to fulfil people’s aspirations and boost growth.“If I sum up the reforms, I can only […]