Representative image | Photo Credit: Getty Images/iStockphoto Tamil Nadu is the second biggest market for small business credit, accounting for 9.3% of the national total, as per a joint report by Small Industries Development Bank of India (SIDBI) and credit bureau CRIF High Mark. As of June 30, 2025, Tamil Nadu had an outstanding small…
What if I told you that you could make money through hobbies? Interesting right? Yes, it’s possible to grow money, if hobbies also become investments. If you are an avid numismatist who collects rare coins, a bibliophile who collects books or comics, a philatelist collecting stamps, a connoisseur of art, or a music buff, you…
Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, on September 7, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of ₹48,000 crore following reduction in tax rates on a host…
Israeli Finance Minister Bezalel Smotrich will be on a three-day visit to India next week between September 8 and 10. File. | Photo Credit: Reuters India and Israel are likely to sign a bilateral investment treaty during the upcoming visit of Israeli Finance Minister Bezalel Smotrich this week, while laying the groundwork for a free…
Representative image | Photo Credit: Getty Images/iStockphoto Foreign investors pulled out ₹12,257 crore ($1.4 billion) from Indian equities in the first week of September, weighed down by a stronger dollar, U.S. tariff concerns, and persistent geopolitical tensions. This came following a net outflow of ₹34,990 crore in August and ₹17,700 crore in July. With this,…
The story so far: On September 3, the GST Council authorised a new paradigm in the indirect tax regime. There will be fewer rates, and the Goods and Services Tax (GST) on most items have been reduced. While this has been welcomed by most sectors, there are some which are somewhat disgruntled. There are also…
In a gesture underscoring the spirit of cooperative federalism, Union Finance Minister Nirmala Sitharaman has written to Finance Ministers of all States, expressing gratitude for their support and active role in helping implement the landmark overhaul of the goods and services tax (GST) regime. In an interview with PTI, Ms. Sitharaman said States made their…
Twenty-year-old Vanaja, a tailor in Tiruppur district of Tamil Nadu, is worried that U.S. President Donald Trump’s tariffs on Indian imports could impact her wages. Vanaja has been working at RRK Cottons India Private Limited, a garment company in Palladam town in the industrial district, for the last two years. She earns ₹480 a day. …
India’s economic journey has always been shaped by bold reforms, and the latest set of Goods and Services Tax (GST) measures announced at the 56th GST Council meeting on September 3, 2025, may well prove to be one of the most consequential yet. For years, businesses and policymakers alike have called for simplification, predictability, and…
The GST Council has slashed rates across essentials, healthcare, agriculture, study materials, and vehicles, moving towards a simpler 2-rate structure.
