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Economy

Eagle’s eye view of economy and markets.

SpiceJet flies into red; posts Rs 238 cr loss in Jun quarter mainly on higher costs

PTI -
New Delhi, Sep 5 (PTI) Flying into the red, SpiceJet on Friday reported a net loss of Rs 238 crore for the three months...
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Gold jumps Rs 900 near record high on rupee weakness, Fed rate cut hopes

PTI -
New Delhi, Sep 5 (PTI) Gold prices jumped by Rs 900 to Rs 1,06,970 per 10 grams in the national capital on Friday, inching...
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SPML Infra rejigs top management for growth impetus

PTI -
Kolkata, Sep 5 (PTI) SPML Infra Ltd on Friday announced a leadership transition, appointing Abhinandan Sethi, son of promoter Subhash Chandra Sethi, as...
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GST reforms will cause Rs 3,700 crore revenue loss to govt: SBI report

PTI -
Kolkata, Sep 5 (PTI) The State Bank of India (SBI) in its latest research report said that reforms in GST through reduction in...
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GST rate cuts complement Ayushman Bharat, PMJAY, says health ministry

PTI -
New Delhi, Sep 4 (PTI) The government's decision to exempt individual health and life insurance premiums from Goods and Services Tax (GST) complements...
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GST dept coordinating with industry on software upgrade for smooth rollout of new tax structure: CBIC

PTI -
New Delhi, Sep 4 (PTI) The GST department is coordinating with the industry for software upgrade to ensure smooth rollout of the new tax...
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GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Sampurna Panigrahi -
Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.
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GST Council approves two-tier tax structure; to be implemented from Sep 22

PTI -
New Delhi, Sep 3 (PTI) The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be...
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FDI up 15 pc to USD 18.62 bn in Apr-June 2025-26; inflows from US triple

PTI -
New Delhi, Sep 3 (PTI) FDI in India rose 15 per cent to USD 18.62 billion during April-June this fiscal year, while the inflow...
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Opposition-ruled states meet ahead of GST Council, seek compensation to nod reform agenda

PTI -
New Delhi, Sep 3 (PTI) Finance ministers of opposition-ruled states on Wednesday met ahead of the crucial GST Council meeting, and decided to...
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Opinion

Kolkata’s silencing of Javed Akhtar exposes India’s secular vacuum

Amana Begam -
Even those parties that wear the label of secular and progressive often bow to the pressures of fundamentalist groups within the Muslim community.

Vijay is winning nickname war in Tamil Nadu. He’s attacking Brand Stalin with ‘uncle’ taunt

I will keep attacking India even though my missiles reach nowhere: Pakistani General X

Economy

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Sampurna Panigrahi -
Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Defence

Dassault Aviation takes majority control of joint venture with Anil Ambani’s Reliance

Javaria Rana -
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.

National Interest

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

Shekhar Gupta -
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.

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