Most of the "common man items" are proposed to be moved to the lower GST slab rate of 5 per cent under the GST rationalisation initiative, government sources said on Friday, noting that the Centre will closely engage with states to build a broad-based consensus in the coming weeks.
In a path-breaking initiative relating to the Goods and Services Tax structure, the Central Government has proposed to scrap the current slab of 12 per cent and 28 per cent of GST rates and keep only 5 per cent and 18 per cent GST rates, government sources said on Friday.
Kant said that India should prioritise its national interests and not compromise on its energy security, especially considering that India's oil imports from Russia are significantly lower than those of China or Turkey. The US has imposed a 50% tariff on Indian goods, citing India's conti
Foreign capital inflows into India are likely to accelerate following S&P's recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB).
Air Arabia (PJSC), the Middle East and North Africa's first and largest low-cost carrier (LCC) operator, today announced strong financial and operational results for the second quarter and first half of 2025, as the airline continued to expand its network, further solidifying its leadership
Denzel Washington has nine Academy Award nominations under his belt and is a two-time Oscar winner for his performances in the movies 'Glory' and 'Training Day'. However, the actor places no value on such career milestones.
The Reserve Bank of India's Monetary Policy Committee (MPC) could consider reducing policy rates further if upcoming GDP data comes in lower than expectations and the US Federal Reserve begins aggressive rate cuts due to a weaker labour market, according to a report by HSBC Mutual Fund.
Indian stock benchmarks settled higher on Wednesday, backed by a continued decline in headline inflation and some buying at lower levels. Firm global cues also supported the indices.
Pune (Maharashtra) [India], August 13: This Independence Day, gain the financial freedom to fulfil important life goals with special offers on the Bajaj Finserv Loan Against Property. Featuring low interest rates, high loan amounts, quick approvals, and minimal documentation, this offering i
The upper house of the Parliament, the Rajya Sabha, on Tuesday passed the National Sports Governance Bill and the National Anti-Doping (Amendment) Bill, 2025, after it was passed in the lower house, the Lok Sabha, on Monday.
The UN warned that Haiti's worsening crisis is underfunded, with only 9.2% of its $900m appeal met. Violence by armed gangs has displaced 1.3 million and killed over 3,100 this year, while international efforts, including a UN-backed Kenyan mission, have failed to restore order.
According to IMD's National Flash Flood Guidance Bulletin, atleast 180 mm of rain is likely in certain areas in the next 24 hours. Additionally, due to 62 mm rain in the last 24 hours in the Area of Concern (AoC), the department has also analysed over 85-99 per cent of soil saturation in the