Bharatiya Janata Party (BJP) MP Sambit Patra on Tuesday said Maruti Suzuki and Hyundai have set new records following the first day of GST reforms, with Maruti delivering over 25,000 cars and receiving around 80,000 inquiries, calling the response "like a festival."
Foreign Direct Investment (FDI) in India's hospitals and diagnostics sector reached USD 1.56 billion in FY2025, marking a 2.3x increase since FY2022, according to data from Rubix Data Sciences.
"For 8 years, the country was looted by imposing wrong GST. Businesses were wiped out and the common people's income was limited. They kept on saying 'One Nation One Tax' but imposed five slabs. Businesses were wiped out and the common people's income was limited, and now 8 years later they
The rollout of the new GST 2.0 reforms, which have reduced car prices, added further fuel to the festive buying sentiment. The twin impact of the festival and lower prices led to a remarkable performance for Maruti Suzuki.
The volatility in the Indian stock market continued on Tuesday, with both benchmark indices opening almost flat, as investor sentiment remained dented by the sharp increase in H-1B visa costs, which weighed on the IT index.
Key decisions of the 56th GST Council Meeting on coal include: removal of the Rs. 400 per tonne GST compensation cess previously levied on coal, and an increase in GST rate on coal from 5 per cent to 18 per cent.
Rai Kumar Nahar, who is the Chairman of The Poona Merchant Chamber, has pointed out that the previous GST slabs mandated implementation of different kinds of rates which led to mistakes, which will be reduced by the newly brought reforms.
The reaction follows the US administration's recent increase in H-1B sponsorship fees to USD 100,000, a move that has sparked sharp responses from India and industry stakeholders.
The United States' decision to impose a steep increase in H-1B visa fees has triggered concerns across Indian industries.
But banking and market expert Ajay Bagga has a different view. Speaking with ANI, Bagga said that the USD 1,00,000 fee for the H1B visa will check the brain drain from
"This is a very good step for both companies and consumers. Now, all our products have either come under a zero per cent or a five per cent slab. The implementation has been done, and the consumer will benefit from it from today. It is a very good step to increase consumption," the Managing
"The question that needs to be asked is who increased the GST? Who put a burden on the country by increasing it for eight years? You (PM Modi) should have apologised to the nation yesterday. Congress and the Opposition had been demanding only one slab on the basis of 'one nation, one tax'. H