Business News: Economy & Markets

CBIC denies viral claims on GST transition benefits from Sep 22, calls message misleading

IANS | September 7, 2025 5:45 PM

New Delhi, Sep 7 (IANS) The Central Board of Indirect Taxes and Customs (CBIC) on Sunday refuted a viral social media message claiming that new GST transition benefits, including unutilised cess credit, ITC on exempted supplies, and fresh price adjustment provisions, will take effect from September 22, calling the claims “false and misleading.”

Hyundai India slashes car prices by up to Rs 2.4 lakh after GST cut, effective Sep 22

IANS | September 7, 2025 4:54 PM

New Delhi, Sep 7 (IANS) Hyundai Motor India on Sunday announced that it will pass on the full benefit of the recent GST reforms to its customers, offering significant price cuts across its passenger vehicle range.

Gold jumps by Rs 4,000 this week, silver crosses Rs 1.23 lakh per kg

IANS | September 7, 2025 3:47 PM

New Delhi, Sep 7 (IANS) Gold and silver prices surged sharply over this week, pushing gold to Rs 1.06 lakh per 10 grams and silver beyond Rs 1.23 lakh per kilogramme.

India backs WTO-centred fair trade system at SCO trade ministers’ meeting

IANS | September 7, 2025 1:36 PM

New Delhi, Sep 7 (IANS) India emphasised the need for an open, fair, inclusive and non-discriminatory multilateral trading system centred around WTO norms, at the Shanghai Cooperation Organisation Trade Ministers’ Meeting in Vladivostok, Russia, amid the ongoing uncertainty in global trade triggered by the US tariff turmoil, the Commerce and Industry Ministry announced on Sunday.

Tata Motors to pass on full GST cut, commercial vehicles to get cheaper from Sep 22

IANS | September 7, 2025 1:17 PM

New Delhi, Sep 7 (IANS) Tata Motors on Sunday announced that it will pass on the entire benefit of the recent GST rate cut to its commercial vehicle customers.

GST rate cuts big relief for FMCG, apparel, footwear, restaurants: Report

IANS | September 7, 2025 12:58 PM

New Delhi, Sep 7 (IANS) The sweeping GST rate cuts announced by the government will give a strong push to India’s consumption story, according to a report.

Meta hiring US-based contractors to build Hindi AI chatbots: Report

IANS | September 7, 2025 12:23 PM

New Delhi, Sep 7 (IANS) Meta is reportedly hiring contractors in the United States at rates of up to $55 (around Rs 4,850) per hour to develop Hindi-language AI chatbots designed for Indian users.

Stock market outlook: Key factors to watch next week

IANS | September 7, 2025 11:36 AM

Mumbai, Sep 7 (IANS) The coming week is expected to be crucial for Indian stock markets, with tariffs, inflation data, foreign institutional investor (FII) activity, and key global economic indicators likely to guide market direction.

GST reforms send strong signal to global investors about ease of doing biz: USIBC

IANS | September 7, 2025 11:03 AM

New Delhi, Sep 7 (IANS) The rationalisation of tax slabs marks an important step towards building a simpler, transparent, and more efficient tax system, the US-India Business Council (USIBC) has said.

India’s future growth depends on building a ‘startup-linked economy’: Minister

IANS | September 7, 2025 9:36 AM

New Delhi, Sep 7 (IANS) India’s future growth will increasingly depend on building a ‘startup-linked economy’ anchored in strong industry partnerships, according to Union Minister Dr Jitendra Singh.

Business

CBIC denies viral claims on GST transition benefits from Sep 22, calls message misleading

Hyundai India slashes car prices by up to Rs 2.4 lakh after GST cut, effective Sep 22

Gold jumps by Rs 4,000 this week, silver crosses Rs 1.23 lakh per kg

India backs WTO-centred fair trade system at SCO trade ministers’ meeting

Tata Motors to pass on full GST cut, commercial vehicles to get cheaper from Sep 22

GST rate cuts big relief for FMCG, apparel, footwear, restaurants: Report

Meta hiring US-based contractors to build Hindi AI chatbots: Report

Stock market outlook: Key factors to watch next week

GST reforms send strong signal to global investors about ease of doing biz: USIBC

India’s future growth depends on building a ‘startup-linked economy’: Minister

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