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Repo rate cut 25 bp to 5.25%; ‘rare Goldilocks period’, says RBI Governor

December 6, 2025 04:16 IST

Buoyed by stronger-than-expected economic momentum and a steady cooling in inflation, the Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday unanimously cut the repo rate by 25 basis points (bps) to 5.25 per cent, a move that is likely to bring down lending and deposit rates across the banking system. The reduction — […]

Gross GST collections flat in Nov; taxable value of supplies up by 15% in Sept-Oct

Mop-up at Rs 1.70 lakh crore: Gross GST collections flat in Nov; taxable value of supplies up by 15% in Sept-Oct

December 2, 2025 05:00 IST

Overall, GST collections, after refunds and excluding cess, stood at Rs 1.52 lakh crore in November as against Rs 1.50 lakh crore, up 1.3 per cent from last year. Including cess, net GST mop-up was Rs 1.56 lakh crore in November, down 4.2 per cent from last year.

Centre to bring new levies on tobacco, pan masala as GST cess set to lapse

Centre to bring new levies on tobacco, pan masala as GST compensation cess set to lapse

December 1, 2025 08:58 IST

Bills to amend excise duty, introduce 'Health Security se National Security Cess'.

"It (rupee) will come back next year. Right now, it is not impacting inflation or exports," Chief Economic Advisor to the Government of India V Anantha Nageswaran added. (Express photo)

After stellar Q2 GDP data, CEA says FY26 growth could be ‘north of 7%’

November 29, 2025 05:13 IST

With Q2 growth also exceeding expectations by a wide margin — the RBI had predicted a growth rate of 7 per cent for July-September — the central bank could raise its projection again next week after the Monetary Policy Committee’s (MPC) meeting.

Macroeconomic data suggests there is scope for repo rate cut: RBI Governor

Macroeconomic data suggests there is scope for repo rate cut: RBI Governor

December 4, 2025 20:59 IST

His statement comes days ahead of the MPC’s upcoming meeting scheduled from December 3 to 5.

Amid US tariff hit, Cabinet clears 6-yr Rs 25,000 crore export mission

Amid US tariff hit, Cabinet clears 6-year Rs 25,000 crore export mission

November 13, 2025 09:57 IST

Steep 50 per cent US tariffs came into effect on August 27. After the China-US trade deal, tariffs on India are the highest globally.

Govt panel working on new SEZ norms for exporters to access domestic market

Govt panel working on new SEZ norms for exporters to access domestic marketSubscriber Only

November 6, 2025 04:58 IST

This comes after multiple units in the SEZs, particularly those which entirely cater to the US market, have written to the Commerce Ministry seeking that they be de-notified due to sudden tariff pressure that has left exports uncompetitive in the US market.

MoSPI Secretary Saurabh Garg interview, Saurabh Garg interview, MoSPI Secretary Saurabh Garg, Saurabh Garg, National Household Income Survey, NHIS, Indian express news, current affairs

MoSPI Secretary Saurabh Garg: First-ever household income survey to be toughest; awareness and anonymity keySubscriber Only

October 27, 2025 06:32 IST

Pre-survey test finds most households say details ‘sensitive’, 95% felt ‘uncomfortable’ sharing information on income, tax paid

GST cuts passed on, GST cuts, Nirmala Sitharaman, Piyush Goyal, Ashwini Vaishnaw, GST, Goods and Services tax (GST), GDP, GDP growth, GDP growth rate, Indian express news, current affairs

GST cuts passed on, spurred consumption, may show in GDP: GovtSubscriber Only

October 19, 2025 06:07 IST

54 items being closely monitored, says Sitharaman, ‘not in one has tax benefit not been passed on’ to consumers

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World Bank cuts India’s FY27 GDP forecast to 6.3%, sees reform ‘urgency’Subscriber Only

October 8, 2025 05:56 IST

50% US tariff expected to weigh on growth next year…manufacturing to export could create the millions of jobs India needs: Bank South Asia Chief Economist

GST 2.0: Q2 sales to see a dip, but companies project firm demand going ahead

GST 2.0: Q2 sales to see a dip, but companies project firm demand going aheadSubscriber Only

September 29, 2025 07:58 IST

FMCG major Hindustan Unilever has already flagged the risk of “near flat to low-single digit” consolidated business growth in Q2, which it sees spilling over till October as well.

Taken as a whole, the policies announced by the Prime Minister neither promote self-reliance nor benefit ordinary people

GST reform to lower retail prices, boost consumption: RBI articleSubscriber Only

September 25, 2025 05:37 IST

Starting September 22, the government has introduced a two-slab structure of 5 per cent and 18 per cent, abolishing the earlier four-rate tax regime.

dollar

Rupee falls to record low of 88.75 against US dollarSubscriber Only

September 24, 2025 00:46 IST

Over the last three months, foreign investors net sold Rs 61,522 crore of domestic equities due to tariff-related uncertainties.

GST 2.0: Amid concern of ‘profiteering’, FinMin to compile price data of common use items

GST 2.0: Amid concern of ‘profiteering’, FinMin to compile price data of common use itemsSubscriber Only

September 10, 2025 13:38 IST

The field offices have been asked to treat this price compilation exercise “on priority”, with the monthly report to be sent to the Central Board of Indirect Taxes and Customs (CBIC) by the 20th of every month

gst

GST inversion eases but wide gap in input-output rates remains a worry for industrySubscriber Only

September 8, 2025 07:56 IST

An industry executive who did not wish to be named said that if there is a risk of substantial amounts getting stuck within the refund process, it gives way to tendencies of evasion

US tariffs

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

September 7, 2025 10:09 IST

India can learn from Chinese expertise in manufacturing Naushad Forbes, Co-Chairman of industrial machinery manufacturing company Forbes Marshall, says the challenge triggered by US tariffs should be an opportunity to push for reforms wherein the Centre devolves powers to states, and states in turn empower cities.

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

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

September 5, 2025 11:58 IST

The big question mark — how much of this would get passed on in terms of lower prices for consumers.

Trump’s tariff blow to weigh on India, but will be shortlived: CEA

Trump’s tariff blow to weigh on India, but will be shortlived: CEA V Anantha NageswaranSubscriber Only

September 5, 2025 05:17 IST

According to him, the order of magnitude could be anywhere between 0.3 per cent and 0.5 per cent this year in terms of real GDP impact.

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

September 4, 2025 07:04 IST

While much of the global trade remains stable, he said the tariffs have become a major source of investment uncertainty in the country.

Given this, the country’s exports to the US are likely to contract during the remainder of the fiscal.

Current account deficit stands at $2.4 bn in Q1: RBI dataSubscriber Only

September 2, 2025 04:19 IST

The current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

Chief Economic Advisor V Anantha Nageswaran, Chief Economic Advisor, Anantha Nageswaran, Anantha Nageswaran interview, Disposable income, lower inflation and tax cuts, Indian express news, current affairs

Disposable income of Indian households to be significantly higher this year, says CEA NageswaranSubscriber Only

August 30, 2025 04:00 IST

According to the Chief Economic Advisor, online sales and digital transactions need to be monitored to better understand the state of private consumption in the country.

On July 22, Microsoft suspended its tech support to the company in response to the sanctions, affecting Nayara’s employees’ Outlook and Teams accounts.

Microsoft’s ‘legacy’ automated system triggered suspension of Nayara’s servicesSubscriber Only

August 30, 2025 06:50 IST

The IT Ministry had sought Microsoft’s response on why it had suspended services to Nayara Energy, which resulted in its employees not being able to access their own data and communication channels.

Ready to support growth, sectors impacted more by US tariffs: RBI Governor

Ready to support growth, sectors impacted more by US tariffs: RBI GovernorSubscriber Only

August 26, 2025 05:37 IST

He said the RBI has ensured ample liquidity in the banking system and will take all necessary steps to support economic growth, especially in sectors that may be more severely impacted.

GST Council

With a tight timeline for October rollout, GST Council to hold 2-day meeting on September 3-4Subscriber Only

August 23, 2025 05:02 IST

Council to hold item-wise discussion next-gen reforms; states to raise revenue loss concerns

Some states have suggested amending the GST laws to allow for an additional levy going beyond the current cap of 40 per cent (20 per cent Central GST plus 20 per cent State GST).

GoM backs Centre’s plan for GST rate rationalisation; states raise revenue loss concernsSubscriber Only

August 22, 2025 02:11 IST

Six days ago, Prime Minister Narendra Modi, in his Independence Day address, announced the next big phase of reforms under the GST regime by Diwali, a gift for the common man, small entrepreneurs and MSMEs, in terms of reduced tax burden.

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