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Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 7 months, 3 weeks ago IST
India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
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Fitch revises India's GDP outlook for FY26 to 6.9% from 6.5%, but indicate
Updated : 7 months, 3 weeks ago IST
Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).
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India repatriates 48 Pakistani fishermen and 19 civilians
Updated : 7 months, 3 weeks ago IST
India also urged the Pakistani government to expedite the release and repatriation of all Indian prisoners, including fishermen in Islamabad's custody.
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Dairy Day Ice Creams Celebrates the Goodness of the New GST Structure
Updated : 7 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], September 9: Dairy Day, one of India's most loved ice cream brands, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The brand believes that this reform is one of the most significant milestones after th
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Bangladesh allows export of 1,200 tonnes of Hilsa to India ahead of Durga
Updated : 7 months, 3 weeks ago IST
"The government has taken a policy decision to conditionally export 1,200 (one thousand two hundred) metric tons of Hilsa to India on the occasion of Durga Puja in the current year 2025," Bangladesh Commerce Ministry said in a notification late on Monday.
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Punjab: 481 teams in field to protect livestock in flood-affected areas
Updated : 7 months, 3 weeks ago IST
Each team has four members comprising a veterinary officer, a veterinary inspector or a pharmacist and a class four employee, informed S. Gurmeet Singh Khudian, Minister of Animal Husbandry, Dairy Development and Fisheries, Punjab.
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India Inc revenue to grow 7% this fiscal on GST restructuring, but profit
Updated : 7 months, 3 weeks ago IST
The rating agency stated that the reductions in the Goods and Services (GST) will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates.
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Two-wheeler sales volume to grow 5-6% this fiscal after GST cut boost: Cri
Updated : 7 months, 3 weeks ago IST
The reduction in GST rates is forecast to drive a 200 basis points (bps) upshift in two-wheeler demand and a 100 bps increase for PVs, the report added.
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Taiwan's coast guard seizes Chinese fishing boat near restricted waters
Updated : 7 months, 3 weeks ago IST
Taiwan's Coast Guard Administration (CGA) seized a nameless Chinese fishing boat after it crossed into restricted waters off outlying Penghu County on Saturday, as reported by Focus Taiwan, citing the agency.
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GST rate cuts could push India's FY26 fiscal deficit above target: JM Fina
Updated : 7 months, 3 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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Union Minister Sarbananda Sonowal inaugurates green hydrogen pilot plant
Updated : 7 months, 3 weeks ago IST
Union Minister Sarbananda Sonowal inaugurated a green hydrogen pilot plant and laid the foundations for port projects at VOC Port in Thoothukudi. He highlighted Sagarmala fishing harbours, maritime innovation in Tamil Nadu, cruise circuits to Sri Lanka, and new trade corridors.
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"Will stimulate consumer demand, enhance state revenue efficiency": PHDCCI
Updated : 7 months, 3 weeks ago IST
"The implementation of GST rate rationalisation from September 22 marks a significant milestone in India's tax reforms. By simplifying the structure, these measures will not only stimulate consumer demand but also enhance state revenue efficiency--creating a virtuous cycle of growth, stabili
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