[ad_1] The latest Goods and Services Tax (GST) rate rationalisation is expected to deliver a significant boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama.As per news agency ANI, the brokerage noted that almost the entire FMCG pack will benefit from the announced tax cuts, which are likely to translate…
[ad_1] New GST Rates: Full list of items with new tax rates (AI image) New GST rates 2025 full list: Common man and middle class have a big reason to cheer! Most of the items that people consume in their day-to-day lives – from food to shampoos to appliances – everything is set to become…
[ad_1] August diesel exports to Europe increased 73% from last month. (AI image) The European Union’s new restrictions on Russia’s crude oil have led to a massive surge in diesel shipments from India. India’s diesel shipments to Europe jumped 137% year-on-year, reaching 242,000 barrels per day (bpd) in August, as customers prepared for the European…
[ad_1] Gold price prediction: Gold’s intraday setup remains constructive with EMA crossover support, healthy RSI levels, and a positive MACD structure. (AI image) Gold price prediction today: Gold rates are touching a life-time high and a ‘buy on dips’ strategy may work, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here…
[ad_1] File photo (Picture credit: AP) Asian shares advanced on Friday, tracking Wall Street’s record close, as investors looked ahead to key US jobs data that could pave the way for interest rate cuts by the Federal Reserve. Oil prices, meanwhile, extended losses as supply expectations grew.In Tokyo, the Nikkei 225 rose 0.9% to 42,945.16…
[ad_1] The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a report by the State Bank of India (SBI).As per news agency ANI, the report noted that while the government, based on…
[ad_1] While headwinds persist from continued FII outflows and uncertainty around the US trade deal, the recent GST reforms are expected to boost consumer demand. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday as the market continued to react positively to GST rate cute…
[ad_1] NEW DELHI: The rationalisation of GST sets India’s clean energy transition on turbo-charge by partially shifting the tax burden from green energy products to fossil fuels, raising the cost of oil and gas production along the ‘polluters pay’ principle. From Sept 22, renewable energy products will attract 5% GST against 12% at present, which,…
[ad_1] NEW DELHI: The Centre’s single-mindedness helped it get states sign off on the massive cuts in GST rates Wednesday, making it likely that the lower prices of a whole range of goods and services become a reality much before by Diwali.While states such as Karnataka and Kerala were vocal inside when the GST Council…
[ad_1] US President Donald Trump speaks during a dinner in the State Dinning Room of the White House. (Pic credit: AP) US President Donald Trump on Thursday announced that United States will impose a “fairly substantial tariff” on computer chips coming into the country, during a White House dinner with tech industry executives. “We will…