Business

September 5, 2025 2:26 PM September 5, 2025 2:26 PM

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Sensex, Nifty Down in Afternoon Session; Auto Sector Outperforms

Benchmark domestic equity indices, Sensex and Nifty, were trading around 0.4 per cent down in afternoon trade today. The Sensex dipped 358 points to 80 thousand 360, and Nifty dropped 98 points to 24 thousand 636, when reports last came in. On the sectoral front, Realty, IT pack, and FMCG were dragg...

September 5, 2025 1:57 PM September 5, 2025 1:57 PM

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GST Council Approves Rate Rationalisation; Focus on Common Man and Education Sector

On this Independence Day from the ramparts of Red Fort, Prime Minister Narendra Modi announced the Next Generation of GST reforms by Diwali. The Prime Minister’s vision of creating a more efficient and citizen-friendly economy was realised as the GST Council on the 3rd of this month approved rates r...

September 5, 2025 8:48 AM September 5, 2025 8:48 AM

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Over 400 Rural Women from SHGs Across India to Showcase Products at Saras Fair

The 27th edition of Saras Aajeevika Mela will begin today in New Delhi. The fair will provide a vital marketing platform for rural women to showcase and sell their products. More than 400 rural women belonging to Self Help Groups from all States and Union Territories of the country will participate ...

September 5, 2025 6:49 AM September 5, 2025 6:49 AM

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PM Modi’s Vision Realised: GST Council Approves Major Tax Cuts on Consumer Electronics

On this Independence Day at the ramparts of Red Fort, Prime Minister Narendra Modi announced the Next Generation of GST reforms by Diwali. The Prime Minister’s vision of creating a more efficient and citizen-friendly economy was realised as the GST Council on 3rd September approved rates rationalisa...

September 4, 2025 9:28 PM September 4, 2025 9:28 PM

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Govt Introduces Digital Hallmarking System for Silver Jewellery with HUID

The central government has introduced voluntary hallmarking for silver jewellery, enhanced by a digital Hallmarking Unique Identification (HUID) system for quality assurance, with effect from the first of this month. In a statement, the Ministry of Consumer Affairs, Food and Public Distribution said...

September 4, 2025 8:11 PM September 4, 2025 8:11 PM

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Industry Bodies Welcome Next-Gen GST Reforms: CITI Secy Gen Chandrima Chatterjee

Industry bodies have welcomed the next generation GST reforms, saying that the simplification of the tax set-up will help in ease of doing business. Speaking exclusively to Akashvani, Chandrima Chatterjee, Secretary General, Confederation of Indian Textile Industry (CITI), said that the Indian Texti...

September 4, 2025 5:30 PM September 4, 2025 5:30 PM

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IMC Hails GST Rationalisation, Calls it Landmark Reform

The IMC Chamber of Commerce and Industry has welcomed the Government’s recent decisions on rationalization of Goods and Services Tax (GST) rates. Mr. Arvind Bhansali, Chairman of IMC’s Indirect Taxation Committee, said the move to simplify GST slabs from four (5%, 12%, 18%, 28%) to two simplified ra...

September 4, 2025 11:44 AM September 4, 2025 11:44 AM

CAIT Calls GST Reforms and Tax Rate Restructuring Historic and Revolutionary

The Confederation of All India Traders (CAIT) has termed the recent GST reforms and restructuring of tax rates as historic and revolutionary. It said that these reforms will not only benefit small traders, consumers, and India’s economy but will also simplify the tax structure and significantly boos...

September 4, 2025 8:04 AM September 4, 2025 8:04 AM

Industry bodies appreciates GST reforms; Say it will help in ease of doing business

Industry bodies have welcomed the next generation GST reforms, saying that the simplification of the tax set-up will help in ease of doing business. The Confederation of Indian Industry - CII said that the two rates of 5 per cent and 18 per cent will simplify refunds and MSME procedures. It also hai...