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%…
India’s IT services industry is witnessing a slowdown in hiring since the start of the second quarter, a trend that staffing firms expect will continue amid global economic uncertainties, higher US tariffs and weaker discretionary spending.According to ET, data from Teamlease showed a 10% drop in overall hiring across India’s $283-billion outsourcing sector between July…
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…
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…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Dabur, Bajaj Auto, and Amara Raja Energy & Mobility. Here’s his view on Nifty, Bank Nifty and the top stock picks for September…
NEW DELHI: Employment in India’s unincorporated sector dipped marginally in the April-June quarter of the current fiscal compared to the previous quarter, though the number of enterprises rose, according to a quarterly survey released Wednesday. National Statistics Office (NSO) published first quarterly bulletin of unincorporated sector enterprises (QBUSE) with estimates for Jan-Mar and Apr-June 2025….
MUMBAI/NEW DELHI: The move to cut GST on a host of regular household staples ahead of the festive season is expected to lift consumption which had just begun to show some initial signs of recovery after several sluggish quarters. Companies expect demand for products ranging from soaps, shampoos and hair oils to namkeen to get…
In a major step to boost domestic supply chain resilience, the Union Cabinet on Wednesday approved a Rs 1,500 crore incentive scheme to promote recycling of e-waste and battery waste for extraction of critical minerals.The scheme, which is part of the National Critical Mineral Mission (NCMM), will run for six years from FY 2025-26 to…
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…
NEW DELHI: The govt expects businesses to pass on the benefit of lower goods and services tax (GST) to consumers and the states and the Central Board of Indirect Taxes (CBIC) and Customs will engage with industry on the issue. “…last time, industry had passed on the benefits of rate cuts and you would have…
