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CRISIL Ratings: Bank Credit in India Will Grow by 12–13% in FY26

CRISIL Ratings: Bank Credit in India Will Grow by 12–13% in FY26

16 April 2025

India’s bank credit is expected to grow by 12–13% in FY26, slightly higher than the 11–11.5% growth seen in FY25. According to Crisil Ratings, this will be driven by new regulatory changes and expected tax cuts that could boost spending. Lower interest rates will also play a role. 3 Factors Supporting the Growth of Bank Credit …

Akshaya Tritiya 2025: Check Puja Mahurat, Significance & Gold Buying Tradition

Akshaya Tritiya 2025: Check Puja Mahurat, Significance & Gold Buying Tradition

26 April 2025

Akshaya Tritiya, also known as Akha Teej, is a significant Hindu festival symbolising wealth, prosperity, and new beginnings. In 2025, it will be observed on Wednesday, April 30. This sacred day falls on the third lunar day (Tritiya) of the Shukla Paksha in the month of Vaishakha. Akshaya Tritiya is one of those rare occasions where …

India Achieves Record-Breaking Cargo Movement in Inland Water Transport

India Achieves Record-Breaking Cargo Movement in Inland Water Transport

25 April 2025

India’s inland water transport (IWT) sector has achieved a major milestone with the Inland Waterways Authority of India (IWAI) reporting a record 145.5 million tonnes of cargo moved during the fiscal year 2024-25. This accomplishment highlights the success of sustained investments and policy measures aimed at improving the country’s inland waterway infrastructure. Additionally, the number …

Feb 2025 Telecom Subscriber Data: Bharti Airtel and Reliance Jio Lead the Industry

Feb 2025 Telecom Subscriber Data: Bharti Airtel and Reliance Jio Lead the Industry

25 April 2025

According to the Telecom Subscription Data from the Telecom Regulatory Authority of India (TRAI) for February 2025, Indian telecom service providers Bharti Airtel and Reliance Jio saw an increase in wireless subscribers, while Vodafone Idea (Vi) and the state-owned BSNL experienced a decline in subscribers during the same period. The total number of wireless subscribers …

Government Reduces Revenue Share for Underground Coal Mining

Government Reduces Revenue Share for Underground Coal Mining

25 April 2025

The Ministry of Coal has launched a transformative initiative aimed at revitalising India’s coal sector, with a special focus on underground mining.   This forward-looking policy package addresses long-standing challenges in the segment, such as high capital requirements and extended gestation periods, by offering a range of financial incentives and strategic reforms. The initiative aligns …

क्या आपको हाउसिंग सोसाइटी के रखरखाव शुल्क पर 18% जीएसटी का भुगतान करने की आवश्यकता है यदि बिल्डर हाउसिंग सोसाइटी का प्रबंधन कर रहा है?

क्या आपको हाउसिंग सोसाइटी के रखरखाव शुल्क पर 18% जीएसटी का भुगतान करने की आवश्यकता है यदि बिल्डर हाउसिंग सोसाइटी का प्रबंधन कर रहा है?

24 April 2025

यदि आपकी हाउसिंग सोसाइटी का प्रबंधन अभी भी बिल्डर द्वारा किया जाता है और एक औपचारिक निवासी कल्याण संघ (आरडब्ल्यूए) द्वारा नहीं, तो आप सोच रहे होंगे कि क्या आपके मासिक रखरखाव शुल्क पर वस्तु एवं सेवा कर (जीएसटी) लागू होता है। यह एक वैध चिंता है, खासकर इस क्षेत्र में कर जांच बढ़ने के …

Delhi EV Policy 2.0 Sparks Debate Over Hybrid Vehicle Incentives

Delhi EV Policy 2.0 Sparks Debate Over Hybrid Vehicle Incentives

24 April 2025

The Delhi government has extended its current Electric Vehicle (EV) Policy by 3 months due to the complexity of proposals in the new draft. This decision came after a Cabinet meeting led by Chief Minister Rekha Gupta. The draft policy, called Delhi EV Policy 2.0, has been shared with automakers for their feedback.  Why is …

India’s Economic Outlook: FY26 GDP Anticipated Between 6.2-6.7%

India’s Economic Outlook: FY26 GDP Anticipated Between 6.2-6.7%

24 April 2025

Amid the interconnected and volatile global economy, the performance of major nations is being closely watched by investors, policymakers, and major financial institutions. As the world struggles with inflationary pressures, trade disputes, and geopolitical tensions, economic forecasts are being frequently revised to reflect shifting realities. Among these dynamics, India stands out—not just for its resilience, …

Do You Need to Pay 18% GST on Maintenance Charges if the Builder Is Managing the Housing Society?

Do You Need to Pay 18% GST on Maintenance Charges if the Builder Is Managing the Housing Society?

23 April 2025

If your housing society is still managed by the builder and not a formal Resident Welfare Association (RWA), you might be wondering whether Goods and Services Tax (GST) applies to your monthly maintenance charges. It’s a valid concern, especially as tax scrutiny in this area grows.  Here’s a breakdown of when GST applies, who needs …

गृह मंत्रालय ने ₹500 के बढ़ते नकली नोटों पर अलर्ट जारी किया: असली नोट की जाँच कैसे करें?

गृह मंत्रालय ने ₹500 के बढ़ते नकली नोटों पर अलर्ट जारी किया: असली नोट की जाँच कैसे करें?

22 April 2025

गृह मंत्रालय (एमएचए) ने बाजार में नकली ₹500 के करेंसी नोटों के प्रचलन में वृद्धि के बारे में नागरिकों और अधिकारियों को चेतावनी जारी की है। यह आपके वॉलेट में जाँच करने का आह्वान करता है, चाहे आप नकली या नकली ₹500 का नोट ले जा रहे हों।  समाचार रिपोर्टों के अनुसार, प्रमुख वित्तीय और …

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