At a joint conclave of the Trade and Industries Association in Chennai, Finance minister released 2 reports—GST 2.0: Fuelling India’s Growth & GST Reforms for Tamil Nadu’s Growth.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
Thanks to Trump’s sudden decision to target India rather than any other country with massive tariffs, many things that ought to have been done earlier are now falling into place.
Goyal said that the industries would not let the government down, as lower duties & rates would mean a pickup in demand, greater business, & the benefits of economies of scale.
The PM said the reforms, effective 22 September, are a ‘double dose’ for support & growth, & are ‘related to Matrishakti’ (motherly power), benefiting the common person.
The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.
Indonesia delegation led by Defence Minister Sjafrie Sjamsoeddin visited BrahMos facility & met with top officials & undertook a detailed briefing on the missile system.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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