Category: Economy
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GST Collections Up 9.1% YoY in September, Strong Economic Signals
India’s Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year. According to the data released on Wednesday, the figures mark the second consecutive month of robust growth in GST revenues, reflecting…
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Gold Hits Record Rs 1.21 Lakh/10g After US Shutdown, Fed Rate Cut Hopes
Gold surged by Rs 1,100 to a record Rs 1.21 lakh per 10 grams in Delhi, tracking global gains amid the US government shutdown and rising bets on Federal Reserve rate cuts. Silver, however, remained flat at Rs 1.50 lakh/kg at record highs.
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RBI Data: Outward Remittances Under LRS Fall 10.9% in July 2025
Outward remittances under RBI’s Liberalised Remittance Scheme fell 10.9% YoY in July 2025 to $2.45 billion. The decline was led by lower travel ($1.4 bn, down 13%) and overseas education spends ($0.22 bn, down 16%), even as equity, deposits, and property investments rose. Overall April–July 2025 remittances dropped 28% compared to the same period last…
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FM Nirmala Sitharaman To Inaugurate 4th Kautilya Economic Conclave On Oct 3 With Theme ‘Seeking Prosperity’
Finance Minister Nirmala Sitharaman will inaugurate the 4th Kautilya Economic Conclave (KEC 2025) with the theme ‘Seeking Prosperity in Turbulent Times’ here on October 3.External Affairs Minister S Jaishankar will close the proceedings with reflections on India’s foreign and economic policy on October 5, the Finance Ministry said in a statement on Saturday.The three-day KEC…
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Union Minister Jitendra Singh Promotes GST 2.0, Says Every Section of Society is Welcoming Reforms
Union Minister Dr Jitendra Singh said on Sunday that all communities are widely welcoming the recent GST reforms in the country. He added that he visited a far-flung area of Doda where all Communities live together and no one from any community opposed the GST reforms.Speaking to the media after attending a…
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GST cut: If benefit is denied, consumers can complain via WhatsApp, toll free number
New Delhi: The government on Tuesday said consumers who have not received the benefits of GST rate cut can register their complaints on toll free number 1915 or through WhatsApp at 8800001915. In a FAQ, the central board of indirect taxes and customs (CBIC) said aggrieved customers can call National Consumer Helpline (NCH) via toll…
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GST 2.0 Boost: Maruti, Hyundai, Tata Post Record Sales On Day 1 Of Navaratri
GST 2.0 reforms and festive discounts drove record car sales on Navaratri Day 1. Maruti delivered 30,000 cars, Hyundai billed 11,000, and Tata sold 10,000 units as demand surged across India.
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GST 2.0 Brings Relief to Auto Sector: Car Prices Slashed, Stocks Gain
India’s auto industry welcomed GST 2.0 with reduced tax rates on small cars, two-wheelers, and three-wheelers. Automakers including Tata Motors, Maruti, and Royal Enfield announced price cuts, boosting demand outlook. Auto stocks like M&M, Hero MotoCorp, and Bajaj Auto gained on expectations of stronger rural sales.
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Kartik Aaryan Celebrates GST 2.0 With Ice Cream in Dubai, Fans Call Him ‘Caption King’
Bollywood actor Kartik Aaryan marked the launch of GST 2.0 with a sweet celebration in Dubai. Sharing an ice cream moment with his sister Kritika Tiwari, the actor delighted fans with his witty caption, earning praise as the “caption king.”
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GST cut kicks in: Which items to cost less? Higher consumption can help revive economy
Kolkata: The morning of Monday, September 22, 2025 will perhaps go down in the history of taxation in the country as only the second most important date after July 1, 2017, when Goods and Services Tax was unveiled in the country paving the way for the much-desired-but-always-elusive one nation one tax. As assured by the…