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ICICI BANK GST DEMAND
Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
Books, coffee and banking: Anup Bagchi the ICICI lifer set to lead HDFC BankAnup Bagchi, who has spent 34 years at ICICI Group, will join HDFC Bank as managing director. He has held various leadership roles, oversee...
HDFC Bank names ICICI veteran Anup Bagchi as MD & CEOHDFC Bank new CEO: The Bank has appointed Anup Bagchi as its new Managing Director and CEO, effective October 27. He will succeed Sashidhar...
HDFC's new CEO: Who is Anup Bagchi? The ICICI veteran set to take charge at India's largest private lenderAnup Bagchi has been appointed managing director and CEO of HDFC Bank, effective October 27, 2026. He transitions back to banking after a t...
GST collections remain strong, but faster import growth needs watching: Tax expertsIndia's GST collections remained strong, rising to Rs 2.04 lakh crore in September, however experts express concern over the wide gap in ta...
Rupee sinks to two-month low amid FPI selling and rising US yieldsOn Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold ...
ICICI Bank receives Rs 229 crore GST demand over minimum balance servicesICICI Bank has received a show cause notice from GST authorities regarding a ₹229.14 crore demand. This demand pertains to services provide...
Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
RBI rate hike, FCNR(B) inflows set to boost bank margins and profitabilityIn light of anticipated increases in benchmark interest rates by the Reserve Bank of India, Mumbai's banking sector appears poised for adva...
India factory activity rebounds sharply in September as demand revives, PMI hits 7-month highIndia's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC In...
Check gate before the horse boltsIndia is facing challenges in managing foreign remittances, particularly concerning fraudulent transactions and proper certification. A pro...
RBL Bank gets show cause notice with GST demand of over Rs 173 croreRBL Bank said it received a showcause notice from Maharashtra GST authorities proposing a demand of over Rs 173.08 crore, including interes...
Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperformMacquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity press...
India a 'bright spot' amid uncertainty: Shaktikanta DasIndia recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7....
GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: ReportIndia's industrial production growth may stay in single digits in the upcoming months as several economic challenges persist. Festive deman...
Auto stocks: Festive demand gets a low-base boost; can earnings justify valuations?The Indian automobile market is witnessing robust retail sales as the festive season draws near. A significant year-on-year uptick of 81.8%...
Exports, rising power demand to support manufacturing growth despite rural weakness: ICICI BankIndia's manufacturing sector is projected to grow, supported by increased exports and a strengthening investment cycle. Industrial producti...
Gold price prediction: Experts predict Gold rate for last three months of 2026, first half of 2027Gold price has corrected sharply in September after gaining around 9 per cent in August, with prices down nearly 8 per cent during the mont...
India's car sales crank up as GST gains & income twist top price hikesCar prices have risen about 3% in the past year, but faster growth in household disposable incomes has kept cars affordable after GST 2.0 c...