Four months after Operation Sindoor, Modi govt unveils 15-year defence roadmap

IANS | September 5, 2025 5:14 PM

New Delhi, Sep 5 (IANS) Four months after Operation Sindoor, which showcased the Indian Security forces apt planning and measured targets, the Modi government has now prepared a 15-year roadmap during which India's armed forces will be transformed through the infusion of billions of dollars and cutting-edge technology.

Net revenue shortfall from GST revamp to be cushioned by higher RBI dividend transfer

IANS | September 5, 2025 5:10 PM

New Delhi, Sep 5 (IANS) The net revenue shortfall from GST rationalisation is estimated at 0.1 per cent of GDP for this fiscal year, to be cushioned by the higher RBI dividend transfer, a report said on Friday, adding that the GST rationalisation is a timely and positive step to support economic momentum, particularly amid persistent external headwinds.

GST rate cut will counter US tariff hike, India to keep buying Russian oil: FM Sitharaman

IANS | September 5, 2025 5:04 PM

New Delhi, Sep 5 (IANS) Finance Minister Nirmala Sitharaman said on Friday that the GST rate cut would spur growth in the economy which would offset the drag due to the adverse impact of the US tariff hike on Indian exports. She also said that India would continue to buy Russian oil because of economic considerations as crude was the costliest item in the country’s import bill.