Young Indian professionals are becoming smarter with their money, focusing more on saving, investing, and clearing debts rather than spending on luxuries, according to a new survey by job platform Naukri. The report surveyed over 20,000 job seekers across India who earn up to ₹12.75 lakh per year and fall under the zero-tax bracket in…
A major legal battle is underway between US-based trading company Jane Street Group and India’s stock market regulator, SEBI (Securities and Exchange Board of India). A special three-member panel from the Securities Appellate Tribunal (SAT) began hearing the case on Tuesday. Jane Street is challenging SEBI’s July interim order, which accused the firm of manipulating India’s equity derivatives market to make unfair profits….
New Delhi, Sept 8 – The Indian government has said that recent cuts in GST rates on many food products are giving a strong push to the food processing sector, making everyday items more affordable and helping the economy grow. Most food products now fall under the 5% GST slab, thanks to a simplified tax structure. This change brings uniformity across…
New Delhi, Sept 8 – Fewer than 40% of companies in India’s industrial goods manufacturing sector are using modern, data-driven pricing strategies, according to a new report by Boston Consulting Group (BCG). This means there’s a huge opportunity for growth in the country’s $750 billion industrial goods market. The report says most Indian firms still rely on outdated pricing…
New Delhi, Sept 8 – Indian companies saw a major boost in business deals this August, with 89 mergers and acquisitions (M&A) worth a total of $11.4 billion — the highest monthly value since June 2022, according to a new report. The big jump was mostly thanks to two massive international deals: Schneider Electric bought a 35% stake in Schneider…
New Delhi, Sep 5 – India has successfully shown that even coal with high ash content can be gasified using homegrown technology. This breakthrough could lead to cleaner energy and less dependence on coal imports, experts said at a recent NITI Aayog event. Coal gasification is a process that turns coal into gas, which can be…
New Delhi, Sep 5 – Big tax changes in India’s dairy sector are expected to help over 8 crore rural farmer families and make dairy products more affordable and competitive, the government said. The 56th GST Council recently approved key reforms that lower taxes on milk and milk-based products. Most dairy items are now either tax-free…
Gandhinagar, Sep 4 — Traders and residents across Gujarat have warmly welcomed the new GST 2.0 reforms, calling them a timely relief ahead of Diwali. With the GST Council approving major changes to India’s tax system, many believe the festive season will now be brighter, cheaper, and more affordable for the common man. In Gandhinagar,…
The Central government’s decision to reduce GST rates has been described by economists as a major Diwali gift for citizens. They believe the move will ease prices, increase demand during the festive season, and help balance the impact of recent US tariffs on Indian exports. Economist Pankaj Jaiswal called the reform “a bumper Diwali gift.”…
Dairy traders in Maharashtra’s Nashik and Gujarat have welcomed the Central Government’s new GST 2.0 reforms, calling them a big relief for businesses and consumers alike. Many see this move as a major step toward Prime Minister Narendra Modi’s vision of a self-reliant India. Ramesh Narayan Pagar, a well-known milk and cheese businessman from Nashik,…
