The comprehensive GST modifications have been regarded by market analysts as a “consumption revival bombshell”. (AI image) GST rate cuts announced by the Modi government have served as a booster shot for the Indian economy and markets, with consumption driven growth expected to aid the economy at a time when it is faced by 50% […]
Gold & silver price prediction today: Gold at new highs – what’s the outlook and should you buy or sell?
MCX Gold has been showing a consistent upward trend, reflecting strong bullish momentum in recent sessions. (AI image) Gold and silver price prediction today: Gold prices are exhibiting a bullish trend and silver is also continuing the positive bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views […]
‘Pushed Modi closer to Russia, China’: Ex-Donald Trump aide slams 50% India tariffs; flags setback in ties with US
Ex-Trump aide John Bolton (file photo) Former US National Security Advisor John Bolton lashed out at US President Donald Trump on Thursday (local time) for deteriorating US-India relations through a 50% tariff imposition on India, which he claims has driven Prime Minister Narendra Modi towards Russia and China.“The White House has set US-India relations back […]
Market watch: Asian shares rebound on Fed rate cut hopes; oil slides ahead of Opec+ meet
File photo (Picture credit: AP) Asian stocks gained on Thursday as dovish signals from US Federal Reserve officials and weak labour market data reinforced bets on interest rate cuts, even as oil prices extended losses ahead of a key Opec+ meeting.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% after US equities closed with […]
Zomato, Swiggy hike user fees
MUMBAI: Ordering food is going to pinch your pocket this festive season as Eternal owned Zomato and its rival Swiggy have hiked the platform fee they charge per order by 20%-25%. Consumers will now have to pay Rs 12 as platform fee on Zomato for every order they place and Rs 15 on Swiggy. Earlier, […]
Small is big: Cars with up to 1.2L engine, bikes under 350cc to cost less after GST rejig | India News
NEW DELHI: Car and SUV prices, especially those classified under the four-metre small vehicles category (petrol under 1,200cc and diesel under 1,500cc), as well as two-wheelers under 350cc will see a price cut from Sept 22, as the GST Council meeting slashed the GST rate from 28% to 18%. Even bigger cars and SUVs, many […]
NSE board appointment: Former IFSCA chief Injeti Srinivas named Public Interest Director, Sebi nod awaited
The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board, the exchange disclosed on its website.Sources told PTI that Srinivas may also be in line for the post of NSE chairman, subject to approval from the Securities and […]
Sitharaman’s ‘Diwali gift’: From paneer to paratha, Centre explains tweaks in GST rates
In what the government on Wednesday called a Diwali gift, the GST Council has approved sweeping rate cuts across key sectors. Finance minister Nirmala Sitharaman announced that daily-use items like hair oil, shampoo, toothpaste, soap, toothbrushes, and shaving cream will now attract just 5% GST, down from 18%. GST on individual health and life insurance […]
‘India’s got big problems’: Trump hints at ‘phase-2, phase-3’ of ‘sanctions’ over Russian oil purchase – watch
US President Donald Trump on Wednesday hinted at “phase-2 and phase-3” of what he called “sanctions” on India, highlighting his past warning that New Delhi “got big problems” if it did not stop buying Russian oil. He further claimed that imposing additional 25% tariffs on India cost Russia “billions of dollars.” “That cost hundreds of […]
GST reforms: 0% GST on individual health and life insurance; reduced from 18%
NEW DELHI: Individual health and life insurance has been made GST free, finance minister Nirmala Sitharaman announced on Wednesday. It comes as a big relief as the rate has been brought down from 18%.“Insurance services from 18% currently will go into two, three different categories. Exemption of GST on all individual life insurance policies, whether […]