Business News: Economy & Markets

India to clock 6.5 pc growth this fiscal, GST reforms a booster: NITI Aayog’s Dr Arvind Virmani

IANS | September 4, 2025 2:26 PM

New Delhi, Sep 4 (IANS) Despite geo-political uncertainties and tariffs, India is expected to clock GDP growth of 6.5 per cent this fiscal and reforms like GST 2.0 will surely have a positive impact on the long-term growth rate, Dr Arvind Virmani, Member, NITI Aayog, said on Thursday, adding that last five years have proved that the Indian economy is highly resilient to global shocks.

GST overhaul to directly benefit Indian automotive sector: Industry players

IANS | September 4, 2025 2:25 PM

New Delhi, Sep 4 (IANS) The landmark Goods and Services Tax (GST) reforms announced by the government will give a strong push to India’s economy, enhance consumer confidence, and directly benefit the automotive sector, industry leaders said on Thursday.

GST reforms will bring transparency to India’s tax system, correct inverted duty structure: FICCI

IANS | September 4, 2025 2:20 PM

New Delhi, Sep 4 (IANS) The GST 2.0 reforms were lauded by the Federation of Indian Chambers of Commerce & Industry on Thursday, for bringing predictability and transparency to India's tax system, and correcting the inverted duty structure in several sectors.

Adani Electricity supports Mumbai's festive season with over 2,571 floodlights

IANS | September 4, 2025 2:06 PM

Mumbai, Sep 4 (IANS) In a bid to ensure a safe and joyful experience for devotees, Adani Electricity, the power supplier for Mumbai's Western and Eastern Suburbs, has installed over 2,571 floodlights at 167 Lord Ganesh idol immersion locations across 15 Brihanmumbai Municipal Corporation (BMC) wards.

GST reforms set stage for sustained consumption, stronger equity market trajectory

IANS | September 4, 2025 2:05 PM

New Delhi, Sep 4 (IANS) The GST Council's decision to abolish the 12 per cent and 28 per cent indirect tax slabs and to have only 5 per cent and 18 per cent slabs is a silent yet deep-impact reform that will boost consumer sentiment and set the stage for the equity market's trajectory, a report said on Thursday.

India's internet subscribers cross 100 crore by June rising 3.48 pc quarterly

IANS | September 4, 2025 1:55 PM

New Delhi, Sep 4 (IANS) India's internet subscribers surpassed 1 billion, reaching 1,002.85 million by June 30, 2025, surging 3.48 per cent from March, driven by broadband growth, government data said.

GST cuts will put more money in common citizens' hands, boost economy: NSE CEO

IANS | September 4, 2025 1:34 PM

New Delhi, Sep 4 (IANS) NSE Managing Director and CEO Ashishkumar Chauhan on Thursday welcomed the government’s decision to simplify the Goods and Services Tax (GST) structure, saying that lower tax rates will leave more money in the hands of people, who will spend more, thereby creating a virtuous cycle for the economy.

India’s postal system is now world’s largest doorstep banking network: PM Modi

IANS | September 4, 2025 1:32 PM

New Delhi, Sep 4 (IANS) Prime Minister Narendra Modi on Thursday highlighted that India’s postal system has now become the world’s largest doorstep banking network, and the humble postman is playing the role of the harbinger of financial inclusion.

Major relief to people by leaving more money in their hands: Industry chambers hail GST reforms

IANS | September 4, 2025 1:29 PM

New Delhi, Sep 4 (IANS) The country’s leading industry chambers on Thursday welcomed the GST Council’s decision to reduce tax slabs from four to two, saying the move will bring major relief to the common citizens by leaving more money in their hands.

Joy in PM Modi's parliamentary constituency Varanasi following reduction in GST rates

IANS | September 4, 2025 1:22 PM

Varanasi, Sep 4 (IANS) A wave of happiness has swept through Prime Minister Narendra Modi's parliamentary constituency, Varanasi following a significant reduction in GST rates. Both traders and common citizens on Thursday expressed relief and gratitude, calling it a welcome move that eases financial pressure and boosts business.

Business

India to clock 6.5 pc growth this fiscal, GST reforms a booster: NITI Aayog’s Dr Arvind Virmani

GST overhaul to directly benefit Indian automotive sector: Industry players

GST reforms will bring transparency to India’s tax system, correct inverted duty structure: FICCI

Adani Electricity supports Mumbai's festive season with over 2,571 floodlights

GST reforms set stage for sustained consumption, stronger equity market trajectory

India's internet subscribers cross 100 crore by June rising 3.48 pc quarterly

GST cuts will put more money in common citizens' hands, boost economy: NSE CEO

India’s postal system is now world’s largest doorstep banking network: PM Modi

Major relief to people by leaving more money in their hands: Industry chambers hail GST reforms

Joy in PM Modi's parliamentary constituency Varanasi following reduction in GST rates

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