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Indian urban households are predicted to significantly increase online shopping this festive season, driven by recent GST rate reductions on white goods and electronics. A LocalCircles report anticipates a 115% surge in online shoppers, with overall festive spending projected at Rs 2.19 lakh crore. While physical stores remain relevant, convenience and better prices are drawing consumers to e-commerce platforms.
An EU delegation has already arrived in New Delhi and began discussions today. According to government sources, Commerce and Industry Minister Piyush Goyal will meet the EU’s Trade Commissioner on Friday to review progress on the proposed India-EU Free Trade Agreement (FTA).
Industry body India Energy Storage Alliance (IESA) on Saturday welcomed the new GST 2.0 regime that rationalised tax rates on advanced batteries but requested the government to consider lowering tax on EV parts from 18–28 per cent slabs to a 5 per cent slab.
The clarification comes after TikTok's website briefly became accessible last month on a few broadband and mobile networks, including Airtel Broadband and Vodafone.
Each year, salaries rise by only 5-6%, while school fees jump 10-15%. Over time, this widening gap leaves families struggling as education costs outpace income growth
At 16.06 IST, international gold traded at USD 3,656 per ounce.
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