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Express Web DeskSep 7, 2025

Urban Company IPO subscription opens on September 10. Check price band, allotment date and more

Urban Company IPO News: The Gurugram-based company plans to raise Rs 472 crore through selling new shares, and existing investors plan to sell stakes worth Rs 1,428 crore.

Aggam WaliaSep 7, 2025

GST ambiguity persists for ride-hailing apps as food delivery now faces 18% levy

At its 56th meeting last week, the GST Council recommended an 18 per cent levy on local delivery services through ECOs — like Zomato and Swiggy — in addition to the 5 per cent already

Aanchal Magazine, Anil SasiSep 7, 2025

GST 2.0: CabSec calls meeting to resolve sectoral hurdles ahead of Sept 22 roll-out

Representatives from the bicycles, tractors, and fertilisers industry have also reached out to the government to address problems of inverted duty structure — where the duty on inputs is higher than that on finished goods.

Ravi Dutta MishraSep 6, 2025

Exporters to meet RBI Governor on Sep 11 seeking easier loan repayment terms, support to enter new markets

To help exporters push for newer markets, exporters have asked RBI to introduce a sovereign-guarantee window up to ₹25 crore per exporter for new-market entry without collateral for a limited period.

PTISep 6, 2025

Abu Dhabi-bound IndiGo flight suffers tech snag; returns to Kochi

The flight 6E-1403 (COK-AUH) departed from Kochi at 11.10 pm on Friday and returned to the city at around 1.44 am on Saturday due to a technical snag, the sources told PTI.

Soumyarendra Barik, Aanchal MagazineSep 6, 2025

GST on delivery services through e-commerce operators set to rise to 18%

Food delivery apps, quick commerce services to be impacted

Sukalp Sharma, Shubhajit RoySep 6, 2025

Pushback: We will buy Russian oil, says FM Nirmala Sitharaman; Jaishankar to attend BRICS

The government, she said, is also working on measures to “handhold” those hit by the high US tariffs.

Anil SasiSep 6, 2025

As India readies legal tweaks to open up nuclear sector, foreign vendors flag quality upgrade gaps in domestic supplier base

Apart from meeting domestic needs, the need to ensure that Indian industry is facilitated to enter the export market was mooted. This step, officials said, would allow for a better balancing of shop floor capacity and enhance

Sukalp SharmaSep 5, 2025

India will continue to buy Russian crude oil, expect GST reforms to soften US tariff impact, says Finance Minister Sitharaman

India is the world’s third-largest consumer of crude and depends on imports to meet around 88 per cent of its requirement. Russian crude, which usually comes at a discount, has helped India save billions of

Express Web DeskSep 5, 2025

Elon Musk may become world’s first trillionaire after Tesla proposes blockbuster pay package

Musk would need to boost Tesla’s market valuation eightfold over the next decade — from its current $1.1 trillion to $8.5 trillion — to unlock the full value of the package.

PTISep 5, 2025

AI Express’ Delhi-Indore flight suffers engine fault, pilot makes PAN-PAN call; plane lands safely

In aviation, it indicates an urgent situation that requires assistance but is not immediately life-threatening.

Sukalp SharmaSep 5, 2025

India’s diesel exports to Europe skyrocket in run-up to EU ban on fuels made from Russian oil Subscriber Only

India’s petroleum product exports to Europe, particularly diesel, should remain robust in the months leading up to the January 2026 EU ban as the continent would be stockpiling fuels

PTISep 4, 2025

Confident of smooth migration to new GST slabs, engaging with industry on software upgrade: CBIC

The GST Council, comprising finance ministers from the Centre and states, on Wednesday decided to prune the slabs to just two, with tax rates at 5 and 18 per cent, and a special 40 per

Harikishan SharmaSep 4, 2025

Next-Gen Reforms: Rajiv Gauba committee to review industry concerns over BIS certification rules

High-level committee set up after PM Modi’s Independence Day speech to examine hurdles in Quality Control Orders and suggest compliance reforms this Saturday

Aggam WaliaSep 4, 2025

Beyond consumer goods, GST Council extends relief to key industrial inputs — from coal and cement to chemicals and fibres

GST Rate Cut List: While the GST compensation cess on tobacco products will remain for now, the Rs 400-per-tonne cess on coal has been scrapped ahead of its scheduled expiry in March 2026.

Soumyarendra BarikSep 4, 2025

Small cars, mini SUVs to gain momentum after GST 2.0 reforms

New GST Rates for Bikes & Cars: The ‘GST 2,0’ reforms include a broad two-slab structure of 5 per cent and 18 per cent with a demerit rate of 40 per cent rate only for

Hitesh VyasSep 4, 2025

Sensex, Nifty surge over 1% each as GST rationalisation boosts sentiment

Nifty-Sensex Today, GST council tax slabs: The BSE’s Sensex surged 1.01 per cent, or 888.96 points, to open at 81,456.67, compared to the previous close of 80,567.71. The broader Nifty rose 1.07 per cent, or

Siddharth UpasaniSep 4, 2025

FM Nirmala Sitharaman: Until compensation loans are paid, cess on tobacco products to stay

At its meeting, the GST Council gave its nod to a two-tier rate structure of 5 per cent and 18 per cent, with Sitharaman saying the reform was carried out “with a focus on the

Siddharth UpasaniSep 4, 2025

After GDP surprise, new govt data raises concerns about informal manufacturing Subscriber Only

Employment in the unincorporated manufacturing sector fell by 9.3 per cent in April-June compared to January-March, dragging down informal sector employment by 2.1 per cent to 12.86 crore.

Express Web DeskSep 3, 2025

GST New Rates in India Highlights: Goa’s casino jobs at risk after being labelled ‘sin goods’ under new GST reforms

New GST Rates Slab 2025-26 Highlights: FM Nirmala Sitharaman announces Two-slab GST (5% & 18%), sin goods taxed at 40%, exemptions, and more—live from the 56th meeting.

Aanchal MagazineSep 3, 2025

GST 2.0 unveiled: Two-slab structure cleared, new rates will come into effect September 22

No GST on individual health insurance policy, FM says, after marathon 56th meeting of the GST Council lasted for 10.5 hours, in which the Centre and states thrashed out key tax proposals.

Express Web DeskSep 3, 2025

Air India Express flight from Tiruchirapalli fails to take off, passengers flown out in separate aircraft

Passengers have been provided with meals and offered the choice of a full refund on cancellation or complimentary rescheduling, Air India Express said.

Aanchal MagazineSep 3, 2025

GST rate rationalisation proposals before the Council: which items could see lower or higher taxes

GST Council meeting updates, items lower higher GST: The Centre’s proposal for GST reforms seeks to undertake structural reforms for correcting inverted duty correction, resolution of classification issues, rate rationalisation by reducing taxes for common-use

Sep 3, 2025

Sber’s Alexander Vedyakhin on 15 Years in India: Building Bridges from Business to Culture

Over the course of fifteen years in India, Sber has grown from a small office to a full-fledged bank with customer centers in Delhi and Mumbai and its own IT hub in Bangalore.

Aanchal MagazineSep 3, 2025

Ahead of GST Council meet: Opposition states flag revenue loss concerns from rate cuts; NDA ally Andhra offers support

States were also worried if benefits of rate rationalisation will actually reach the common people or lead to “windfall profits” for just a few companies.

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Choksi and his nephew Nirav Modi are wanted in the alleged Punjab National Bank fraud case that they allegedly orchestrated through fraudulent Letters of Undertaking in connivance with some bank officials at the Brady House branch in Mumbai.

‘Personal space, adequate light’: India assures Belgium on Mehul Choksi if extradited

India32 min ago

Four months after Mehul Choksi, the fugitive diamond trader wanted in India for the alleged Rs 13,000 crore Punjab National Bank (PNB) loan fraud case, was arrested in Belgium, India sent a letter of assurance to the country’s government, saying it will keep him in Mumbai’s Arthur Road jail complex, “if extradited”.

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GST cut on individual life, health policies: Policyholders advised not to delay renewals Subscriber Only

‘Challenge of US tariffs offers opportunity for reforms, deregulation’ Subscriber Only

In GST 2.0 calculus, behavioural nudges — packaged foods to ACs Subscriber Only

Urjit Patel: ‘Tariff impacting 55% Indian exports to US, need to mitigate pain’ Subscriber Only

EPFO Face Authentication norms: Staffing companies flag issues with implementation of new rules for UAN generation Subscriber Only

ICICI Bank sharply hikes minimum monthly balance in accounts to Rs 50,000: Check penalty rates for non-compliance Subscriber Only

HDFC Bank Chairman asks private sector to do heavy lifting, cautions on global uncertainties Subscriber Only

PSBs have 33,000 vacancies, use 1 lakh contractual and outsourced workers Subscriber Only

New Economy and AI

SBI Q1 profit jumps 12.48% to Rs 19,160 crore Subscriber Only

Data Corner

GST cut for mid-market hotel segment may spur travel, hospitality demand, but industry feels more should have been done Subscriber Only

In Focus

Business News

India’s diesel exports to Europe skyrocket in run-up to EU ban on fuels made from Russian oil Subscriber Only

After GDP surprise, new govt data raises concerns about informal manufacturing Subscriber Only