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GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 9 months, 2 weeks ago IST
The tax revenue foregone due to GST rate cuts will eventually push India's fiscal deficit above the government's target of 4.4 per cent of GDP in FY26, unless the gap is absorbed by slowing down capital expenditure intensity, according to a report by JM Financial.
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Mansukh Mandaviya launches mascot Jalveer and logo for 11th Asian Aquatics
Updated : 9 months, 2 weeks ago IST
The event was held at the Hon'ble Minister's residence in New Delhi with Monal Chokshi, Secretary General of SFI, Virendra Nanavati, Senior Vice President of SFI, and VPs Anil Vyas, Rajkumar Gupta, and Anil Khatri in attendance, according to a press release from MYAS.
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GST rationalisation could increase pressure on the oil and gas sector, say
Updated : 9 months, 2 weeks ago IST
The recent rationalisation of Goods and Services Tax (GST) is set to bring both relief and challenges across India's key sectors, according to the ICRA press release. However, in the oil and gas sector, the move could increase pressure.
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World Uyghur Congress ramps up global pressure on China over rights abuses
Updated : 9 months, 2 weeks ago IST
According to WUC, in Washington, US lawmakers introduced a bipartisan package of bills, including the Preventing the Forced Return of Uyghurs Act, designed to protect Uyghurs and other Turkic minorities from forced repatriation to China, where they risk detention, torture, or enforced disapp
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AI reshaping manufacturing with predictive maintenance and intelligent aut
Updated : 9 months, 2 weeks ago IST
Innovations in the manufacturing and industrial sector have focused on predictive maintenance coupled with intelligent automation and supply chain optimization. Artificial Intelligence-based tools are now forecasting indirect material consumption as well as reducing inventory levels and impr
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Himachal: Monsoon toll climbs to 355; 194 rain-related deaths
Updated : 9 months, 2 weeks ago IST
The monsoon fury in Himachal Pradesh has left a trail of destruction, claiming 355 lives so far this season, including 194 in rain-related incidents such as landslides, flash floods, drowning, lightning strikes, and other weather-triggered causes, and 161 in road accidents, according to the
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Pak: Another deadly attack forces closure of crucial route in Khyber-Pakht
Updated : 9 months, 2 weeks ago IST
The announcement was made through a press release issued by Anjuman Hussainia Parachinar, which urged commuters to postpone non-essential travel and remain vigilant. According to The Express Tribune, the attack has reignited fears of sectarian violence in the region, prompting renewed securi
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GST cut on cement will bring brighter prospects for industry: Nuvama
Updated : 9 months, 2 weeks ago IST
The reduction in GST on cement from 28 per cent to 18 per cent is expected to be a game-changer for the sector, according to a sector report by Nuvama Institutional Equities.
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Gujarat CM Bhupendra Patel contributes to teachers' welfare fund, extends
Updated : 9 months, 2 weeks ago IST
On Teachers' Day, September 5, Gujarat Chief Minister Bhupendra Patel contributed to the Teachers' Welfare Fund and appreciated the role of teachers in society, according to an official statement from the Chief Minister's Office (CMO).
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Construction cost for real estate sector to decline by 3.5-4.5% because of
Updated : 9 months, 2 weeks ago IST
Rationalisation of tax rates on construction material is expected to cut the construction cost for the real estate sector by 3.5 to 4.5 per cent, according to a report by Crisil Intelligence. The government has announced to cut GST rates on cement, marble, granite, sand, bricks, etc substant
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Odisha CM's flight diverted to Kolkata due to bad weather: Bhubaneswar Air
Updated : 9 months, 2 weeks ago IST
Odisha Chief Minister Mohan Charan Majhi's flight was diverted to Kolkata after it failed to land at Bhubaneswar airport due to inclement weather on Friday morning, according to Bhubaneswar Airport Director Prasanna Pradhan.
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India focusing on data-driven tech platforms to foster safer and more resi
Updated : 9 months, 2 weeks ago IST
India is focusing on building a safer and more resilient road network by leveraging data-driven technology platforms such as the Integrated Road Accident Database (iRAD), according to a report released by FICCI and Crisil.
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