Festive Season Relief in Sight as GST Council Weighs Major Rate Cut
Govt Plans Major GST Overhaul to Boost Consumption Ahead of Festive Season R SURYAMURTHY /New Delhi The government is preparing to push through a sweeping reform of the Goods and…
Rupee depreciates by 26 paise to close at 87.52 against US dollar
In the Forex market, the rupee today depreciated by 26 paise to close at 87 rupees and 52 paise against the US dollar. The dollar index, which indicates US dollar’s…
GST 2.0: Bold Reform or Fiscal Gamble? Centre’s Optimism Faces States’ Unease
R. Suryamurthy India is preparing for its most significant tax reform since the launch of the Goods and Services Tax (GST) in 2017. Branded as “GST 2.0,” the overhaul seeks…
India’s Growth Outlook Remains Robust Despite US Tariffs: S&P Global Ratings
AMN / New Delhi India’s economic growth momentum remains strong and resilient, even in the face of rising US tariffs, according to S&P Global Ratings. In a major vote of…
Rupee appreciates by 39 paise to close at 86.95 against US dollar
In the Forex market, the rupee today appreciated by 39 paise to close at 86 rupees and 95 paise against the US dollar. The dollar index, which indicates US dollar’s…
India’s Growth Remains Resilient, But Inflation Risks Loom: Parliamentary Panel
R. Suryamurthy India’s economy is likely to sustain its position as the fastest-growing major economy, supported by robust capital expenditure and strong domestic demand, but inflationary pressures remain a concern,…
GST Council Faces Tough Choices as Revenue Warnings Cloud Reform Plans
By R. Suryamurthy Prime Minister Narendra Modi’s ambitious announcement from the Red Fort to unveil a major revamp of the Goods and Services Tax (GST) system by Diwali has sparked…
WPI inflation in negative zone for second straight month
AMN India’s wholesale price index (WPI)-based inflation stood in the negative zone at 0.58 per cent in July on an annual basis. This marks the second straight month of wholesale…
India’s Trade Deficit Widens to $11.72 Billion in July
Staff Reporter / New Delhi – India’s trade deficit has widened significantly, reaching $11.72 billion in July 2025, a substantial increase from the $10.10 billion recorded in the same month…
Recent US Tariffs to Have Only Short-Term Impact on Indian Exports: CEA
AMN Chief Economic Advisor (CEA) V. Anantha Nageswaran on Wednesday assured that the recent US tariffs on Indian exports will likely have only a temporary effect, with the impact expected…