Finance

RBI Monetary Policy Committee unlikely to cut rates in October: Report

The transmission of the past 100 bps rate cut is assessed as nearly complete for fresh deposits (-94 bps) but muted for outstanding deposits (-18 bps), ICRA said in its report.

Sep 25, 2025

GST reforms have reduced the tax burden on people: Nirmala Sitharaman

Indian banks performing exceptionally well: FM Sitharaman

Speaking at the 91st Foundation Day celebrations of the Bank of Maharashtra in Pune, FM Sitharaman highlighted the resilience of India's banking sector amid global uncertainties.

Sep 25, 2025

Over 150 products may see rate cut in GST Council meet this week

New GST Rate List 2025: Around 370 items get cheaper, milk, electronics, gym, salons and more

Union Finance Minister Nirmala Sitharaman announced that the overhaul aims to inject approximately Rs 2 lakh crore into the economy by increasing the disposable income of consumers. Over 50 items, including UHT milk, khakhras, pre-packaged paneer, and breads like chapatis and parathas, will now fall under a zero-tax bracket due to the new structure.

Sep 22, 2025

Rate cut in Sep best possible option for RBI amid low inflation, GST reforms: Report

The RBI Monetary Policy Committee (MPC) meeting is scheduled from September 29-October. The RBI maintained the policy rate at 5.50 per cent during its August meeting, following significant easing in the prior session.

Sep 22, 2025

Festival of taxes or festival of votes? Decoding PM Modi's GST address to nation

Prime Minister Modi's GST address is a political and economic gambit of rare audacity. It offers tangible relief to millions, simplifies a complex tax regime, and positions the government as a benefactor at a culturally resonant moment.

Sep 21, 2025

Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Gold Stays Range-Bound This Week, Sentiment Positive Amid Global Uncertainty

"Gold traded range-bound but positive, with gains of 0.38 per cent at $3,657 and 0.26 per cent at Rs 1,09,330, as Fed's policy supported the recent rate cut while keeping the door open for two more cuts based on incoming data," said analysts.

Sep 20, 2025

Stock market snaps three-day rally; IT stocks fall, Adani Group's shares rise

Sensex ended the session at 82,626.23, down 387.73 points or 0.47 per cent. The index started the trade a bit lower at 82,946.04 against last session's closing of 83,013.96. The index extended the downward trend further amid selling in IT and banking heavyweights. It touched an intraday low at 82,485.92.

Sep 19, 2025

All you need to know about notifications issued under GST 2.0 reforms

The Finance Ministry on Thursday issued a list of six Frequently Asked Questions on GST 2.0 relating to the new notifications that have been issued to bring the tax rate cuts on goods and services into effect from September 22.

Sep 18, 2025

GST Council Meet May Signal Major Rejig in Tax Slabs, Cess Policy

GST reforms to lower rates on 11 out of 30 top consumption items: Report

The move is likely to improve purchasing power, especially for low-middle income segments, as the consumption-weighted average GST rate is lower in majority of food and household items and will attract either 0 per cent or a 5 tax rate.

Sep 18, 2025

Data of nearly 3 million Lotte Card customers leaked

The leaked data also included card verification codes, card numbers and card validity period of some 280,000 customers, critical information that may expose their owners to credit card fraud, according to the company, reports Yonhap news agency.

Sep 18, 2025

India to remain world's fastest-growing major economy despite global uncertainty

"India's growth performance with that of advanced economies shows that while past external shocks have caused short-term challenges for India, they have not derailed the country's long-term growth trajectory," S&P Global said in its report.

Sep 17, 2025

ITR filing deadline extended by a day to Sep 16

Taking to X late on Monday night, Income Tax India, which is the official account of the Income Tax Department, wrote: "KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025.

Sep 16, 2025

Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Prices of 22-carat gold have climbed from Rs 97,406 to Rs 1,00,492 per 10 grams, while 18-carat gold has risen from Rs 79,754 to Rs 82,280 per 10 grams. Silver prices also gained significantly, rising by Rs 4,838 during the review period. The white metal now trades at Rs 1,28,008 per kg, up from Rs 1,23,170.

Sep 14, 2025

Key takeaways from SEBI's move to ease IPO, mutual fund, FPI regulations

The key takeaways from the SEBI's move are that large companies above Rs 50,000 crore market cap will now have more flexible listing norms, permitting them to have smaller float sizes- Rs 1,000 crore plus at least 8 per cent of the post-issue market capitalisation.

Sep 13, 2025

Pahalgam terror attack: Nirmala Sitharaman cuts short US-Peru visit

Nil GST on life, health insurance to boost affordability, consumption

The move comes as part of the broader GST rationalisation, which merged the 12 per cent slab with 5 per cent and subsumed the 28 per cent into 18 per cent. Health and life insurance, which earlier attracted 18 per cent GST, have now been moved to the nil tax category.

Sep 8, 2025

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Finance

RBI Monetary Policy Committee unlikely to cut rates in October: Report

Indian banks performing exceptionally well: FM Sitharaman

New GST Rate List 2025: Around 370 items get cheaper, milk, electronics, gym, salons and more

Rate cut in Sep best possible option for RBI amid low inflation, GST reforms: Report

Festival of taxes or festival of votes? Decoding PM Modi's GST address to nation

Gold Stays Range-Bound This Week, Sentiment Positive Amid Global Uncertainty

Stock market snaps three-day rally; IT stocks fall, Adani Group's shares rise

All you need to know about notifications issued under GST 2.0 reforms

GST reforms to lower rates on 11 out of 30 top consumption items: Report

Data of nearly 3 million Lotte Card customers leaked

India to remain world's fastest-growing major economy despite global uncertainty

ITR filing deadline extended by a day to Sep 16

Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Key takeaways from SEBI's move to ease IPO, mutual fund, FPI regulations

Nil GST on life, health insurance to boost affordability, consumption

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]