State Minister Ratan Lal Nath, and several other dignitaries, officials, and citizens were present during the celebrations. As part of the programme, floral tributes were offered at the Shaheed Bedi located at Gandhi Ghat to honour the martyrs who laid down their lives for the nation.
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.
RJD leader Manoj Jha on Friday criticised Prime Minister Narendra Modi's Independence Day address, saying it "disappoints every time" and questioned whether it was an election speech rather than a national address. He added that a discussion on the RSS's role in India's freedom struggle woul
Prime Minister Narendra Modi, on the occasion of the 79th Independence Day, announced that the government's focus is now on the next phase of GST reforms, built on three pillars: structural reforms, rate rationalisation and ease of living.
Economists and market experts have welcomed S&P Global Ratings' decision to upgrade India's sovereign credit rating from BBB- to BBB, terming it a recognition of the country's strong fundamentals, sound fiscal management, and growing global economic clout.
In her address to the nation on the eve of 79th Independence Day, President Murmu said that the country's 6.5 per cent GDP growth rate, controlled inflation rate, and rising exports, are all key indicators point that the Indian economy is in the pink of health.
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).
India has received its first sovereign credit rating upgrade in 18 years, with S&P Global Ratings raising the country's long-term rating to 'BBB' from 'BBB-' and the short-term rating to 'A-2' from 'A-3', while keeping the outlook stable. The announcement, shared in a tweet by the Indian
In a significant boost to investor confidence, S&P Global Ratings has upgraded India's long-term unsolicited sovereign credit rating to 'BBB' from 'BBB-', while also raising the short-term rating to 'A-2' from 'A-3'.