"The Republicans delivered so beautifully," Trump said during his State of the Union address before a joint session of Congress, referring to GOP lawmakers who backed the legislation.
With the Union Budget for FY27 scheduled for Sunday, expectations are tamed even as markets remain alert to the possibility of selective positive surprises, according to a pre-Budget note by Union Bank of India (UBI).
The Finance Minister, in the upcoming Union Budget 2026, is likely to refrain from further fiscal consolidation in FY27, according to a report by Nuvama.
Most Indian banks recorded an increase in market capitalisation during the October-December quarter, supported by festive season demand and cuts in the goods and services tax (GST), according to S&P Global Market Intelligence data.
Ind-Ra sees potential for FY27 growth to outstrip predictions, particularly with a swift Indo-US trade deal and a favorable Indian Ocean Dipole mitigating El Nino impacts. Conversely, a weaker-than-expected revival in demand could temper growth. Upcoming changes to the base year for GDP a
Indian economic growth is expected to stay robust going into 2026, supported by both monetary and fiscal interventions, according to a report by Standard Chartered.
The Delhi High Court on Wednesday urged the Goods and Services Tax (GST) Council to convene at the earliest to deliberate on whether air purifiers should be classified as medical equipment.
US President Donald Trump on Wednesday (US local time) took a sharp dig at the Biden administration for driving up prices in the country and praised the 'Big beautiful bill', saying that by 2026, the results of the largest tax cuts in American history accomplished via the bill would be vi
Rural India continues to lead the country's consumption recovery, outpacing urban demand despite income tax cuts and GST 2.0 reforms aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL) in its latest ECOSCOPE report titled "Rural Rules, Urban F
The much-anticipated festive season may not deliver the usual consumption boost this year, with Ambit Capital warning that weak labour markets, slowing credit, and mounting tariffs could weigh on consumer sentiment despite recent tax cuts.