Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.
A 48-year-old cab driver has been arrested in Delhi for allegedly masturbating in front of a young woman during a ride. The woman reported the incident to the police, leading to the driver's arrest and vehicle seizure.
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
Manipur police have arrested 16 members of various banned outfits in the last 48 hours, including seven militants of the Kangleipak Communist Party (People's War Group) who were apprehended during a midnight operation in Thoubal district. The arrests come amidst ongoing security operations in the state following ethnic violence that erupted in May 2023.
Apple commenced the sale of its newly launched iPhone 17 series across India on Thursday, prompting large crowds and long queues outside Apple flagship stores in Mumbai and Delhi, as tech enthusiasts gathered to be among the first to purchase the latest devices.
World Boxing Championships 2025: Pawan Bartwal registers hard-fought win over Trindade
From mobilising protests to choosing the interim prime minister -- Discord, Bitchat became virtual control rooms, even as familiar platforms like TikTok, Reddit, Instagram, etc. played their part.
McMillan appointed White Ferns' batting, fielding coach ahead of World Cup
Two-time Olympic medallist P V Sindhu shocked World No. 2 Wang Zhi Yi of China to storm into the quarterfinals of the World Championships, in Paris on Thursday.
For nearly two decades, Nitish Kumar has cultivated women as a distinct constituency. 'To create a broader vote base, he thought it would be better to bring women to electoral politics.'
'I had a feeling from within that this tournament (Asia Cup) would be something special, but I did not think that I would become the player-of-the-tournament.'
The women's recurve team of Deepika Kumari, Gatha Khadake and Ankita Bhakat entered the bronze medal play-offs at the World Archery Championships in Gwangju, South Korea.
Floodwaters reached near the Delhi secretariat, which houses the offices of the chief minister, cabinet ministers and key bureaucrats.
Among Sensex firms, Bharat Electronics rose the most by 4.26 per cent. HCL Tech gained 2.57 per cent, Bajaj Finance by 2.19 per cent, TCS by 1.99 per cent, Tech Mahindra by 1.88 per cent and Infosys by 1.85 per cent. Gains in Axis Bank and State Bank of India also supported the rally. However, Mahindra & Mahindra emerged as the biggest loser, falling by 2.47 per cent. Maruti dropped 1.53 per cent and Tata Motors by nearly 1 per cent due to profit-taking. UltraTech, Eternal and Power Grid were also among the laggards.
Sarfaraz Khan hit a counter-attacking 111 to bail Mumbai out of trouble against Haryana in their All India Buchi Babu Invitational Tournament contest here on Tuesday.
Keshav Maharaj took 4/22 as South Africa thrashed a woeful England side by seven wickets after dismissing the hosts for just 131 runs in the first One-Day International.
South Africa's young batting sensation became the most expensive batter in the history of SA20
From facing Dennis Lillee to filming with Dharmendra, Mohsin Khan goes back in time in a freewheeling interview.
India's net revenues from the Goods and Services Tax (GST) rose at a three-month high pace of 10.7 per cent in August even as growth in gross collections slowed to 6.5 per cent from 7.5 per cent in the previous month, thanks to a nearly 20 per cent decline in refunds to taxpayers during the month.
Malaysia came from a goal down to crush lower-ranked Bangladesh 4-1 before title holders Korea thrashed Chinese Taipei 7-0 in Pool B matches of the men's Asia Cup hockey tournament
Skipper Ankit Kumar and promising batter Yash Dhull made contrasting hundreds to place North Zone on the cusp of the Duleep Trophy semifinals in Bengaluru, on Saturday.
Among Sensex shares, Sun Pharmaceutical, Tata Steel, Trent, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Reliance Industries, Axis Bank, Tech Mahindra, Adani Ports, Titan, BEL, and Larsen & Toubro were the major laggards. However, Hindustan Unilever, Maruti Suzuki India, ITC, Tata Consultancy Services and UltraTech Cement were the gainers.
Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.
Mentored by Yuvraj Singh, the 25-year-old southpaw carries shades of his idol with the clean swing, the effortless power, the knack for changing games in a blink.
BCCI Secretary Devajit Saikia made it clear that such discussions have not taken place. Speaking to the Hindustan Times newspaper, he said, 'That's news to me. There have been no such discussions.'
IPOs have been the flavour of the season for some time. But the coming together of three mega IPOs, from diverse businesses and historic relevance, could tell a story that's still in the making, points out Nivedita Mookerji.
FIFA boss Infantino also presented President Trump with the very first ticket to the tournament's grand finale.
Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.
IMD data shows in the 24 hours between September 1 and 2, Haryana received 806 per cent more rainfall than normal, Punjab 759 per cent, Himachal Pradesh 510 per cent, Delhi 740 per cent, Chandigarh a staggering 1,638 per cent, and Rajasthan 193 per cent.
Two newborn babies were bitten by rats at a government hospital in Indore, Madhya Pradesh, leading to an investigation and demands for accountability.
The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
The Indians have not featured in ODIs in recent months but Kuldeep Yadav (650) and Ravindra Jadeja (616) still remained static at number three and number nine in the latest ODI rankings for bowlers.
Jannik Sinner had to dig deep to get the better of Auger-Aliassime in the second semi-final.
BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.
Bangladesh is likely to replace Pakistan in the men's Asia Cup hockey tournament to be held in Rajgir, Bihar from August 29 if the latter fails to confirm participation in the next couple of days.
Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The US duties on Indian goods will increase to 50 per cent from August 27.
Skipper Harmanpreet fired a hat-trick but India were far from impressive in their narrow 4-3 win over lower-ranked China in their Asia Cup opener, in Rajgir, Bihar, on Friday.
Among Sensex firms, Tata Motors rose the most by 3.5 per cent while Adani Ports gained 3.16 per cent. Reliance Industries rose by 2.82 per cent. Eternal, Tech Mahindra, Kotak Mahindra Bank, Hindustan Unilever and Maruti were also among the gainers. However, Bajaj Finserv, Power Grid, Mahindra & Mahindra and HCL Tech were among the laggards.
Former New Zealand batter Ross Taylor on Friday said the depth in India's T20I squad for the Asia Cup allowed the national selectors to leave out a player of Shreyas Iyer's calibre, who was ignored for the continental tournament.
Rinku smashed a blazing maiden T20 hundred to single-handedly power his side past Gaur Gorakhpur Lions' 168-run target at the Ekana Stadium in Lucknow.
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