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    Mukesh Ambani welcomes India’s second-generation GST reforms
Business

Mukesh Ambani welcomes India’s second-generation GST reforms

"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's economic growth. With GDP growth rate having reached 7.8% in the first quarter of this financial year, the new reforms have the potential to accelerate the economy even further, raising the growth rate closer to double digits," Mukesh Ambani said.


      Gadkari urges public cooperation as human behaviour remains bigge

Gadkari urges public cooperation as human behaviour remains bigge

"Until human behaviour changes, we will not achieve success in this mission (to reduce road fatalities)," he said, urging every Indian citizen to become sensitive, disciplined and committed to following traffic laws under the "Vision Zero" initiative aimed at eliminating preventable road deaths, as he announced Rs 1.5 lakh insurance coverage for accident victims requiring hospitalisation up to seven days.

      GST reforms to spur manufacturing boom, boost jobs across India

GST reforms to spur manufacturing boom, boost jobs across India

Companies in India will ramp up manufacturing of consumer goods following the Government's GST (Goods and Services Tax) 2.0 reforms, a move executives say will drive both manufacturing and sales-led employment across the country.

      Bharatiya Mazdoor Sangh, Laghu Udyog Bharati support GST reforms

Bharatiya Mazdoor Sangh, Laghu Udyog Bharati support GST reforms

BMS also expressed hope that manufacturers, insurance companies, and others will promptly pass on these benefits to the common man by lowering the prices of essential daily-use products, said Ravindra Himte, General Secretary, BMS, in a statement.

      GST reforms set to boost tourism, says Rikant Pitti

GST reforms set to boost tourism, says Rikant Pitti

This is a very exciting time for the travel and tourism industry, said Rikant Pitti, co-founder of EaseMyTrip, while welcoming the latest reforms in the Goods and Services Tax (GST) structure.

      GST reforms in Pharma sector are huge demand boosters: Goyal

GST reforms in Pharma sector are huge demand boosters: Goyal

Commerce Minister Piyush Goyal today said that the latest reforms in the Goods and Services Taxes (GST) in the Pharma sector are huge demand boosters and will benefit both the industry and the end consumers.

      Ashwini Vaishnaw inaugurates state-of-the-art lithium-ion battery

Ashwini Vaishnaw inaugurates state-of-the-art lithium-ion battery

Union Minister of Electronics and Information Technology, Ashwini Vaishnaw, on Thursday, inaugurated TDK Corporation's advanced technologies lithium-ion (Li-ion) battery manufacturing plant at Sohna, Haryana, as per a press release.

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    Singapore ready to share semiconductor knowledge with India: SSIA
Business

Singapore ready to share semiconductor knowledge with India: SSIA

"Singapore, being a mature site (for semiconductor), we have a very diverse experience in this area. We could share experience, could do knowledge transfer and share skills that are needed for the industry," Ang Wee Seng, Executive Director at Singapore Semiconductor Industry Association (SSIA), told ANI here in the national capital. He is in India for the Semicon India 2025.


    FICCI bullish on Govt's Rs 1500 cr Incentive Scheme
Business

FICCI bullish on Govt's Rs 1500 cr Incentive Scheme

The Union Cabinet, chaired by Prime Minister Narendra Modi, on September 3, approved a Rs 1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.


    Indian stocks cheered GST reforms but rally short-lived
Business

Indian stocks cheered GST reforms but rally short-lived

Indian stock benchmarks had a bumper opening bell Thursday, expectedly so, pushed by massive next-generation GST reforms brought in overnight, sparking investors' interest in the markets. As the day progressed, the indices, however, slid down and closed the day somehow marginally higher than the previous session close.


    GST reforms will be transformational for the business
Business

GST reforms will be transformational for the business

Union Minister of Commerce and Industry, Piyush Goyal, on Thursday, said that the reduction in GST rates will provide a tremendous and unprecedented boost to consumption demand. While addressing the Bharat Nutraverse Expo 2025, he noted that the industry can now aspire for a much greater volume of sales, creating a win-win situation for all.


    EaseMyTrip Co-founder discusses India-Singapore tourism potential
Business

EaseMyTrip Co-founder discusses India-Singapore tourism potential

Co-founder of Indian online travel platform EaseMyTrip.com, Rikant Pitti, discussed tourism potential in Singapore with the visiting Prime Minister Lawrence Wong, who is on a three-day official visit to India.


    Lower GST rate to benefit auto sector, boost domestic sales
Business

Lower GST rate to benefit auto sector, boost domestic sales

Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers. As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales.


    From multiple taxes to one tax - GST regime made this possible
Business

From multiple taxes to one tax - GST regime made this possible

Sanjeev Sanyal, an economist and a member of the Prime Minister's Economic Advisory Council, on Thursday termed the new GST reforms as logical, explaining that the new tax slabs on various goods are easily relatable.


    GST exemption may hit insurers in short term, but long-term gains
Business

GST exemption may hit insurers in short term, but long-term gains

Insurance companies are expected to face a setback in the short run following the GST Council's recent exemption on GST, as it could lead to the loss of input tax credit eligibility, said industry experts and executives, adding that the companies, however, will benefit in the long term.


    Japanese firms to play a pivotal role across India’s semiconducto
Business

Japanese firms to play a pivotal role across India’s semiconducto

Japanese companies are set to play a critical role in shaping India's semiconductor mission as the country gears up to become a USD 100 billion semiconductor market by 2030, noted Deloitte India.


    Industry welcomes GST rate cuts, says it will boost economy
Business

Industry welcomes GST rate cuts, says it will boost economy

Industry associations and trade bodies across sectors have welcomed the Goods and Services Tax (GST) rate cuts announced by the government. Speaking to ANI, representatives from various sectors stated that the reforms would make the Indian industry more competitive and directly benefit consumers.


    Financial sector experts hail GST reforms as growth-positive
Business

Financial sector experts hail GST reforms as growth-positive

The next-generation Goods and Services Tax (GST) reforms, announced after the GST Council meeting on Wednesday, have received strong praise from industry leaders and experts, who, in a united voice, asserted that such bold measures will strengthen economic growth, push investments, and ease of living.


    GST rate rationalisation to boost electronics market: Dixon Tech
Business

GST rate rationalisation to boost electronics market: Dixon Tech

Sunil Vachani, Chairman of Dixon Technologies, has hailed the recent GST reforms as "path-breaking", predicting a major boost for the consumer electronics sector.


    GST cut on dairy products will encourage wider adoption of milk
Business

GST cut on dairy products will encourage wider adoption of milk

The government's recent move to reduce Goods and Services Tax (GST) rates on dairy products has been welcomed by the country's leading dairy cooperatives, which said the step would encourage wider adoption of milk products and support millions of farmers.


    Auto sector welcomes GST rate cut, urges Centre to focus on EVs
Business

Auto sector welcomes GST rate cut, urges Centre to focus on EVs

The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.

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Singapore ready to share semiconductor knowledge with India: SSIA

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FICCI bullish on Govt's Rs 1500 cr Incentive Scheme

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Indian stocks cheered GST reforms but rally short-lived

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GST reforms will be transformational for the business

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EaseMyTrip Co-founder discusses India-Singapore tourism potential

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