[ad_1] Gold prices are expected to witness a phase of consolidation in the coming week as investors focus on fresh global economic data, commentary from central bankers and evolving geopolitical developments, according to analysts.Traders will keep a close watch on US housing numbers, consumer price data from the UK and Eurozone, and provisional PMI releases…
[ad_1] India’s current account deficit (CAD) is projected to nearly double in the next fiscal, touching 1.2 per cent of GDP in FY26 compared with 0.6 per cent in FY25, Union Bank of India said in a report.The bank cautioned that evolving trade dynamics, global commodity prices, and geopolitical developments could add further pressure. “We…
[ad_1] Air Canada will restart flights on Sunday evening after the Canadian government intervened to end a strike by its 10,000 flight attendants that left more than 100,000 travellers stranded during the peak summer season.The airline, Canada’s largest, said it will take several days before operations return to normal and warned that some flights would…
[ad_1] Prime Minister Narendra Modi on Sunday said the Centre has circulated the draft of the next-generation Goods and Services Tax (GST) reforms among states and urged their cooperation to implement the proposal before Diwali.He said the reforms in GST would “benefit poor and middle-class people, as well as small and big businesses.” Addressing an…
[ad_1] PM Modi inaugurates Dwarka Expressway’s Delhi section and UER-II projects Prime Minister Narendra Modi on Sunday inaugurated two major highway projects worth nearly Rs 11,000 crore in Delhi-NCR. The 10.1-km Delhi section of the Dwarka Expressway and the Alipur–Dichaon Kalan stretch of Urban Extension Road-II (UER-II) were given the greenlight on August 17 afternoon…
[ad_1] GST (representative image) The proposed revamped goods and services tax (GST) 2.0, developed through extensive consultations, aims to be more comprehensive than just rate adjustments. Officials, quoted by Economic Times, indicate it will fundamentally restructure the eight-year-old indirect tax system. The changes focus on resolving classification conflicts, duty inversions and operational challenges to provide…
[ad_1] Representative (AI-image) IndianOil’s Panipat refinery has received international certification to convert used cooking oil from homes and restaurants into sustainable aviation fuel (SAF), company chairman Arvinder Singh Sahney said. The refinery has obtained the ICAO’s ISCC CORSIA certification, developed under the Carbon Offsetting and Reduction Scheme for International Aviation, to produce SAF from used…
[ad_1] Markets are set for a strong start on Monday, with both global and domestic factors likely to lift investor sentiment. The twin triggers include Prime Minister Narendra Modi’s Independence Day announcement of GST reforms and the “understanding” reached between US President Donald Trump and Russian President Vladimir Putin.The Alaska meetingTrump and Putin held a…
[ad_1] Chemical companies in India are making significant progress in establishing a comprehensive ecosystem for semiconductor manufacturing, which aligns with the nation’s ambition to become a global leader in advanced technology industries, according to Bastion Research’s findings, cited by ANI.The semiconductor manufacturing process necessitates various ultra-high-purity chemicals, essential for wafer fabrication procedures including etching and…
[ad_1] NEW DELHI: PM Narendra Modi’s announcement of a GST revamp is set to push states, especially those ruled by Opposition parties, to agree to the Centre’s rate rationalisation plan, with the finance ministry’s calculations suggesting that the exercise will result in a short-term impact on revenue, which will be more than made up in…