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Festive season and GST benefits will boost demand and bank credit growth:
Updated : 7 months, 4 weeks ago IST
Sluggish bank credit growth as compared to last year in India signals weak capital expenditure and low demand, highlighting cautious business sentiment and subdued consumer activity across key economic sectors, noted Naina Lal Kidwai, Chairperson of the Board and Senior Advisor, Rothschild a
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Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 7 months, 4 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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ED raids across five states in Rs 650-crore fake Input Tax Credit case
Updated : 7 months, 4 weeks ago IST
The Enforcement Directorate (ED) on Thursday launched search operations at multiple locations in Arunachal Pradesh, Haryana, Delhi, Tamil Nadu and Telangana in connection with a massive fake Input Tax Credit (ITC) case of around Rs 650 crore, officials said.
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Govt needs to resolve compensation cess issue, says FADA President
Updated : 7 months, 4 weeks ago IST
The Federation of Automobile Dealers Associations (FADA) has urged the government to bring clarity on the issue of compensation cess, saying that the burden should not fall on dealers who are only part of the distribution chain.
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"No matter how much Opposition speaks or abuses, people of Bihar won't be
Updated : 7 months, 4 weeks ago IST
Speaking at a press conference in Patna, Goyal said, "The Opposition is looking for a reason to defeat us. I strongly condemn Rahul Gandhi for abusing PM Modi's mother. I want to tell Rahul Gandhi and Tejashwi Yadav that no matter how much you speak or abuse, the people of Bihar won't be
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No impact on pouched milk prices because of GST rationalisation as GST on
Updated : 7 months, 4 weeks ago IST
There will be no impact on packaged milk prices because of Goods and Services Tax (GST) changes from September 22nd.
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IIM Udaipur opens applications for its MBA programs in Global Supply Chain
Updated : 7 months, 4 weeks ago IST
Udaipur (Rajasthan) [India], September 10: The Indian Institute of Management Udaipur (IIMU) has opened admissions for its one-year, full-time MBA programs in Global Supply Chain Management (GSCM) and Digital Enterprise Management (DEM). Tailored for professionals with at least three years o
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GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to d
Updated : 7 months, 4 weeks ago IST
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda.
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India's GST reforms to be credit positive for consumption-focused issuers:
Updated : 7 months, 4 weeks ago IST
The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.
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US tariffs will have limited impact in FY26, GST reforms to soften the blo
Updated : 7 months, 4 weeks ago IST
The United States' tariff action on Indian exports may not significantly impact the current financial year, but prolonged duties could affect investment sentiment, Chief Economic Advisor (CEA) to the Government of India, V Anantha Nageshwaran said on Wednesday.
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Bank credit flow to touch Rs 19 to 20.5 trillion in FY26; NBFCs projected
Updated : 7 months, 4 weeks ago IST
Indian banks incremental credit to grow by Rs 19 trillion to 20.5 trillion, translating into a year-on-year growth of 10.4-11.3 per cent according to a report by rating agency ICRA.
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GST rate drones slashed to 5%
Updated : 7 months, 4 weeks ago IST
Under the new Goods and Services Tax (GST) reforms, a uniform GST of 5% has been introduced for all drones, regardless of whether the camera is integrated or separate and irrespective of whether they are used for commercial or personal purposes, said the Union Ministry of Civil Aviation in a
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