ECONOMY

Solution in offing for businesses affected by blocked ITC due to supplier not uploading invoices

Central Government is proposing significant reforms in GST, focused on 3 pillars—structural reforms, rate rationalisation, and ease of living

THE HINDU BUSINESS LINE
8 hours ago
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BUSINESS

State Finance Minister Panels To Discuss GST Rationalisation At Meeting On August 20-21

PM Narendra Modi said the revised GST framework proposed by the Centre has been circulated among states. He sought their cooperation to implement the proposal before Diwali

NEWS18
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BUSINESS

Paint sector slowdown: Early monsoon and price wars hit June quarter earnings, companies eye festive revival

India's leading paint companies experienced a subdued June quarter due to the early monsoon and increased competition. Asian Paints, Berger Paints, Kansai Nerolac, and Akzo Nobel reported muted numbers, though urban markets showed seque ...more

TIMES OF INDIA
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ECONOMY

New GST regime will be consumer-centric, says Centre

The new two-tier Goods and Services Tax (GST) structure of 18% and 5% rates will have the twin objective of making rates and processes simpler and more rational, as it was originally intended to be, say senior government sources

THE HINDU
2 hours ago
ECONOMY

Cars, ACs, daily-use items to cost less under proposed GST review

GST rationalisation expected before Deepavali, subject to Council approval

THE HINDU BUSINESS LINE
2 hours ago
BUSINESS

Steepest Fall In PM-Kisan Beneficiaries: This State Records 49% Drop Over Five Years

Between December 2019 and March 2020, around 23.01 lakh farmers in Punjab got benefits worth Rs 466.47 crore. But by April to July 2025, the number had fallen to just 11.34 lakh farmers, who received Rs 387.76 crore.  

ZEE NEWS
3 hours ago
BUSINESS

8th Pay Commission Delay: Govt Staff May Have To Wait Until 2028 For Salary Hike

 This commission, set up once every 10 years, reviews and revises salaries, pensions, and allowances of central government employees and pensioners.

ZEE NEWS
3 hours ago
BUSINESS

US tariffs impact on jobs: Nearly 3 lakh workers at risk in textiles and gems, here’s what experts say

New US tariffs on Indian exports spark debate among staffing specialists, with concerns raised about potential job losses in sectors like textiles and gems. While some predict significant impact, others emphasize India's domestic demand ...more

TIMES OF INDIA
4 hours ago
ECONOMY

Why India remains an important piece in the textile puzzle

Industry leaders agree that while tariffs may sting, India’s deeper advantages, its cotton base, integrated supply chain and skilled workforce, make it a piece of the global textile puzzle that no one can afford to ignore

THE HINDU BUSINESS LINE
4 hours ago
BUSINESS

HP to double India manufacturing under PLI 2.0, eyes 35% scale-up in coming years

HP leads India’s PC market, aiming to double manufacturing capacity under PLI 2.0, focusing on MSMEs and tier-II cities.

THE HINDU BUSINESS LINE
4 hours ago
COMMODITIES

House panel flags delay in audit of India’s spot crude oil purchases

The report deals with the actions taken by the government on recommendations on the subject—Review of Policy on Import of Crude Oil

THE HINDU BUSINESS LINE
4 hours ago
BANKING

State-owned banks tweak spreads on home loans to protect margins

The spreads are being re-calibrated upwards by public sector banks (PSBs) as they were aggressive in pricing their home loans vis-a-vis private sector banks (PVBs)

THE HINDU BUSINESS LINE
4 hours ago
BUSINESS

Finance Ministry To Review Q1 Performance Of Public Sector Banks On Aug 20

The meeting will be chaired by Financial Services Secretary M. Nagaraju, according to reports.  

ZEE NEWS
4 hours ago
ECONOMY

DGTR recommends 3-year safeguard duty on steel imports; 12% in Yr 1, 11.5% in Yr 2 and 11% in Yr 3

Amongst the countries impacted include China, Vietnam and Nepal, depending on the nature of the imported offering

THE HINDU BUSINESS LINE
4 hours ago
BUSINESS

Steel safeguard duty: DGTR backs 3-year levy on flat steel imports, industry groups divided

India's commerce ministry arm has suggested a three-year safeguard duty on specific flat steel imports due to a surge in shipments, potentially harming domestic producers. The Directorate General of Trade Remedies (DGTR) proposed a phas ...more

TIMES OF INDIA
4 hours ago
BUSINESS

Lodha Foundation unveils privately funded Mathematical Sciences Institute in Mumbai

The institute aims to be a global leader in mathematical research, both in its fundamental aspects as well as in its applications

THE HINDU
5 hours ago
BUSINESS

Private investment happening, but Trump effect and increased discipline is creating a ‘stop-start’ effect: ex-FICCI president

Subhrakant Panda, Managing Director of Indian Metals & Ferro Alloys Limited, says positive reforms such as the Insolvency and Bankruptcy Code (IBC) have encouraged companies to be more disciplined about their investments

THE HINDU
5 hours ago
AUTO

Lexus Shines At Monterey Car Week, Unveils Futuristic Sport Model In Concept Avatar

It has been reported that the company is planning to turn into a production model, which will take the place of the company’s iconic LFA sports car.

NEWS18
5 hours ago

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