The Union Finance Ministry notifies new CGST rates and says States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services. File | Photo Credit: The Hindu The Union Finance Ministry has notified new Central GST (CGST) tax rates for goods, which will be effective…
The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate…
File picture of Union Minister Piyush Goyal and EU’s trade commissioner Maroš Šefčovič and European Commissioner for Agriculture and Food Christophe Hansen over a discussion on the Free-Trade Agreement (FTA) between India and the European Union. in New Delhi on September 12, 2025. | Photo Credit: ANI The first round of negotiations for a free…
Union Minister Piyush Goyal. File | Photo Credit: ANI Union Commerce Minister Piyush Goyal on Wednesday (September 17, 2025) expressed confidence that India’s exports would grow by around 6% this year compared to the corresponding period in 2024. Underscoring the country’s strong performance in global trade despite challenges, the Minister said discussions on free trade…
Finance Minister Nirmala Sitharaman. File. | Photo Credit: Bijoy Ghosh Finance Minister Nirmala Sitharaman on Wednesday (September 17) said that the GST reforms will bring ₹2 lakh crore into the hands of the common man. Addressing a gathering in Visakhapatnam, Ms. Sitharaman added that the GST Council decision aims to reduce the tax burden on…
Kerala Finance Minister KN Balagopal | Photo Credit: S. MAHINSHA In a supplementary memorandum submitted to the 16th Finance Commission last week, Kerala has sought supplementary grants and eligibility for a “temporary extra borrowing limit” of 0.5% of the Gross State Domestic product (GSDP) to help it absorb the losses arising from the Goods and…
Representational file image. | Photo Credit: Reuters In August this year, the 25% tariff on Indian exports, imposed by U.S. President Donald Trump, came into effect. Prior to this, Mr. Trump had signed an executive order — Addressing Threats to the U.S. by the Government of the Russian Federation — imposing the additional tariff over an above…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 96.73, higher by 0.11%. File | Photo Credit: Reuters The rupee appreciated 28 paise to 87.81 against the U.S. dollar in early trade on Wednesday (September 17, 2025), tracking the broad decline in the greenback amid hopes of a…
A team of officials from the office of the United States Trade Representative, led by the Chief Negotiator for the India-U.S. Bilateral Trade Agreement negotiations Brendan Lynch visited India on September 16, 2025. File Photo: X/@USIBC Discussions between the negotiating teams of the U.S. and India on Tuesday (September 16, 2025) in New Delhi were “positive…
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri. | Photo Credit: ANI India has developed resilience to navigate global turbulences, Petroleum Minister Hardeep Singh Puri said on Tuesday (September 16, 2025), adding that this has been bolstered by “more and more” crude oil coming into the global market from the Western Hemisphere, and more…
