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Ahead of Market: 10 things that will decide stock market action on TuesdayIndian stock markets surged nearly 2% on November 2, with Sensex gaining 1,233 points and Nifty rising 388 points. Falling crude oil prices...
Innefu Labs’ AI platform uncovers suspected Rs 5,700 crore GST fraud networkAccording to Innefu Labs, Prophecy Eagle I identified several patterns, including the alleged reuse of the same facial identity across mult...
FM Sitharaman acknowledges foreign investor anxiety, says she will consider voices seeking tax changes before BudgetUnion Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. S...
Capex key to India's growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC eventFinance Minister Nirmala Sitharaman highlighted the importance of capital expenditure in driving economic growth in India. She stated that ...
India's economic pillars show 'no fragility', says Finance Minister Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic gro...
PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litreIndian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin ...
DMK chief Stalin slams TVK govt over GST slump, loss of Rs 1,614 cr Korean investment to APM K Stalin has accused the ruling TVK government of causing economic decline in Tamil Nadu. He pointed out the record lows in GST revenue g...
GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
India's October Gross GST collections jump 22.9% to Rs 2.31 lakh croreIndia's gross GST collection reached Rs 2.31 lakh crore in October, representing a 22.9% increase from last year. The gross GST collected f...
India's services economy stays resilient as 17 sectors post growthIndia's services sector recorded widespread growth in August, with 17 of the 19 tracked segments expanding and 13 registering double-digit ...
Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yieldIndia’s economy is estimated to have grown 7.35% in the September quarter, supported by strong industrial output, GST collections, energy u...
Abolish LTCG, rationalise STCG, STT rates on equities: PHDCCI to Finance MinistryPHDCCI has recommended abolishing Long Term Capital Gains tax and modifying short-term capital gains taxes. The chamber suggests increasing...
Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
New GST registration route allows online sellers to expand using ecommerce warehouses as local basesStarting November 1, small online sellers will have a new option for GST registration. They can use ecommerce warehouses as local bases in ...
Reckitt’s base effect GST boost in India to unwind in Q4, says CEOReckitt's India operations showed strong growth momentum in the July-September quarter compared to the previous year. The prior year was af...
Hindustan Unilever to take calibrated price hikes as commodity inflation stays high, says CEO Priya NairHindustan Unilever has raised prices by around 7.5% in response to rising input costs across its portfolio. Despite these increases, consum...
'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remark, cites Rs 3 lakh crore PLI returnsUnion Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark....
Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh peopleIndia's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 cro...
Rs 435 on Rs 4350: Shangri-La Eros Delhi fined Rs 1 lakh for adding 10% service charge to food bills automatically; CCPA says customers cannot be forced to request its removalCCPA has fined Shangri-La Eros Delhi Rs 1 lakh for automatically adding a 10% service charge to restaurant bills. The regulator rejected th...
GST tribunal says airlines can claim tax refund if fare, GST returned to passengersGST Appellate Tribunal ruled that GST paid on cancelled airline tickets is refundable if conditions are met. Singapore Airlines successfull...