India is approaching a decisive moment regarding the reduction of Goods and Services Tax (GST) rates and restructuring its tax slabs, as indicated by Finance Minister Nirmala Sitharaman at the 25th ET Awards for Corporate Excellence, as per news reports. Addressing GST Concerns: A Move Towards Lower Tax Rates Dispelling concerns that GST has increased …
New Delhi, March 10 (IANS) The artificial intelligence (AI) sector is poised to surpass 2.3 million job openings by 2027, according to a report on Monday. The report by Bain & Company showed that reskilling and upskilling existing talent is key to meeting the growing demand in the country. It showed that the AI talent …
Mumbai, March 10 (IANS) India is witnessing strong growth in its Real Estate Investment Trust (REIT) market, driven by increasing demand for high-quality commercial properties, growing investor interest, and evolving regulations, a new report said on Monday. According to CareEdge Ratings, India presents significant opportunities for the development of REIT-able assets, with new REIT launches …
Govt extends duty-free import of yellow peas to keep inflation in check New Delhi, March 9 (IANS) The Government has extended the duty-free import of yellow peas by three months till the end of May and clamped a duty of 10 per cent duty on imports of lentils (masur) with immediate effect, according to an …
New Delhi, March 10 (IANS) The domestic commercial vehicle (CV) industry’s wholesale volumes is set to witness a year-on-year growth of 3-5 per cent in FY26, demonstrating some recovery, a report showed on Monday. This follows a flat volume movement estimated in FY2025, marred by the demand slowdown in the first half of the fiscal …
The Indian rupee has shown strength this week, gaining momentum as weak US economic data weighed on the dollar. However, a drop in forward premiums following the Reserve Bank of India’s (RBI) recent liquidity measures suggests that market dynamics remain fluid. USD/INR spot traded down 0.12% at 86.93 at 3:10 PM against the previous close …
India’s digital economy grows 10 times, races towards $1 trillion mark Bengaluru, March 7 (IANS) India’s digital economy has grown 10 times, racing towards the $1 trillion mark amid an evolving IPO market which accounted for over 30 per cent of global listings last year, a report showed on Friday. India contributed 31 per cent …
Women participation in India’s semiconductor sector to reach 35 pc by 2030 New Delhi, March 7 (IANS) Women representation in the semiconductor sector in India is projected to rise from 25 per cent in 2025 to 35 per cent by 2030, a report showed on Friday. Women currently comprise a fourth of India’s 220,000-strong chip …
India’s real estate landscape underwent a notable transformation in 2024, with a striking shift toward newly launched residential projects. According to Anarock, 42% of the 4.6 lakh homes sold across the top 7 cities were from new launches, marking a sharp increase from just 26% in 2019. This trend reveals a clear preference among buyers …
Mumbai, March 7 (IANS) Chief Minister Devendra Fadnavis, on Friday, said Maharashtra has received the decades’ highest annual foreign direct investment (FDI) in just nine months of the fiscal year 2024-25. A total of Rs 1,39,434 crore has been received in the first nine months of the financial year 2024-2025, said the Chief Minister, quoting …
