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.
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.
SK hynix Inc. and Naver Cloud Corp. have signed a memorandum of understanding (MoU) to jointly develop next-generation AI memory solutions, described as the second high bandwidth memory (HBM), as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
Hyundai Motor Co. unveiled its first compact electric vehicle (EV) under the Ioniq brand for the European market, as it aims to expand its presence by leveraging tariff advantages over Chinese automakers, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
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
To boost consumer confidence in India's growing electric vehicle (EV) market, industry executives have stressed the need for urgent policy action aimed at setting clear quality standards, strengthening service infrastructure, and ensuring transparent pricing.
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman said at an NDTV summit Tuesday.
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External Affairs Minister Dr S Jaishankar on Tuesday addressed the 3rd Global South Young Diplomats Forum, highlighting the sentiment and solidarity driving the Global South agenda.
Mumbai (Maharashtra) [India], September 9: Hexaware Technologies, a global provider of IT solutions and services, has been awarded a gold sustainability rating from Ecovadis. Hexaware's overall score rose to 82, up from 70 last year, upgrading the company from Silver to Gold and placing it i
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
Jamshyd Godrej, Managing Director of Godrej & Boyce, has said that the Goods and Services Tax (GST) was long overdue and underlined the need for resilience in the face of global disruptions.