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The Centre is monitoring whether e-commerce platforms are passing on GST rate cut benefits on FMCG items. Field officers will submit the first report by September 30. The revised GST structure is expected to lower prices for 99 per cent of daily-use goods
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YS Jagan Mohan Reddy welcomed the GST restructuring introduced by the Union government, calling it a revolutionary step towards a simpler, fairer tax system. He expressed hope that the benefits will reach consumers and boost economic consumption and investment
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Kerala Finance Minister K N Balagopal warned that the state could lose Rs 8,000–10,000 crore annually due to GST rate rationalisation. He urged the Centre to ensure benefits reach consumers and pressed for compensation to states facing major revenue losses
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The Congress on Thursday termed the GST overhaul “GST 1.5” and said the wait for a “true GST 2.0” continues. Party leaders Kharge, Chidambaram, and Ramesh demanded five more years of compensation for States, simplification of compliance, and relief for MSMEs
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Cheaper food and fuel prices drive down wholesale and retail inflation; RBI projects CPI at 3.1 per cent for 2025–26
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Gold prices dropped Rs 1,000 to Rs 1,01,520 per 10 grams in Delhi on Tuesday, following global sell-offs and easing trade tensions after US President Trump ruled out import tariffs on gold. Silver also slumped by Rs 2,00
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India’s wholesale price inflation entered the negative zone in June 2025 after 19 months, declining by 0.13 per cent due to falling food and fuel prices
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The cost of vegetarian and non-vegetarian thalis rose by 3 per cent and 4 per cent respectively in June due to a sharp 36 per cent month-on-month spike in tomato prices. Crisil’s report predicts further increases amid seasonal trends and weak summer sowing
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India’s economy has tripled in a decade, with 6.5 per cent GDP growth in 2024–25 and easing inflation. Strong domestic demand, stable investment, and global confidence are fueling momentum. CPI inflation hit a six-year low, and markets remain resilient and optimistic
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Wholesale inflation fell to 0.39% in May due to lower food and fuel prices. However, rising crude oil prices and monsoon delays may push inflation up slightly in June. Retail inflation remains low, supporting RBI’s recent interest rate cut
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The EY India Economy Watch report noted that over the past three years, gross tax revenue buoyancy has gently moderated, from 1.4 in 2024 to 1.15 in 2025 and projected to be 1.07 in 2026
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WESP said that India's economy would be bolstered by "strong export growth in services and certain goods categories, particularly pharmaceuticals and electronics".
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While it is important that technology should advance, it should not overly favour automation
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The debate raises questions about the country's economic direction and the impact of political decisions on citizens.
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Just a flattening of infection curve will not lead to restoration of normal growth trajectory
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The BSE benchmark index on Monday closed at 51,937.44, a gain of 514.56 points or 1 per cent.