GST rate cut to boost MSMEs, push exports

IANS | September 5, 2025 9:45 PM

New Delhi, Sep 5 (IANS) By lowering GST rates across industries such as leather, footwear, paper, textiles, handicrafts, toys, agro-processing, and logistics, the government has reduced compliance costs, enhanced affordability for consumers, and improved margins for MSMEs, according to an official statement issued on Friday.

US Commerce Secretary Lutnick escalates rhetoric on India

IANS | September 5, 2025 9:17 PM

Washington, Sep 5 (IANS) US Commerce Secretary Howard Lutnick escalated his rhetoric on the prevailing trade tensions with India, saying that New Delhi “does not yet want to open its market and “it should stop being a part of BRICS.”