GST 2.0 Reforms: Two-Slab Tax System Gets GoM Approval
The much-discussed overhaul of India’s Goods and Services Tax (GST) is finally gaining momentum. In a significant development, the Group of Ministers (GoM) tasked with GST rate rationalization has agreed…
RBI Seeks Public Input: Stick to 4% Inflation or Adjust for Growth?
The Reserve Bank of India (RBI) is at a crossroads. On Thursday, it opened the floor for public feedback on whether its current inflation targeting framework should remain unchanged or…
MP Dr CN Manjunath Urges Customs Duty Exemption for Cancer Drugs
Senior Cardiologist and Bengaluru Rural MP Dr CN Manjunath has taken a significant step to ease the financial burden on cancer patients. He recently wrote to Union Finance Minister Nirmala…
Nirmala Sitharaman Turns 66: PM Modi Leads Birthday Wishes
Finance Minister Nirmala Sitharaman celebrated her 66th birthday on August 18, receiving heartfelt wishes from leaders across the nation. Prime Minister Narendra Modi led the tributes with a special message…
Next-Gen GST Reforms to Boost Economy and Simplify Taxes
The Finance Ministry has unveiled a bold new roadmap for next-generation GST reforms, aligning with Prime Minister Narendra Modi’s vision of a streamlined tax system that benefits all. In his…
New-Age IPOs Struggle to Deliver Long-Term Gains: Study
A recent study has revealed that a majority of new-age IPOs, despite their initial hype and strong listing-day performances, fail to deliver long-term gains for investors. The research tracked 25…
RBI Rate Cuts Unlikely as Inflation Hits 98-Month Low
The Reserve Bank of India (RBI) may hold off on further rate cuts this year as inflation continues to moderate, according to a recent report by SBI Research. With August’s…
Probo’s Learning Ecosystem Surpasses 60,000 Users, Eyes 1 Lakh by 2026
Financial literacy is taking center stage in India, and Probo is riding the wave. The opinion trading platform has hit a milestone, crossing 60,000 active users. The company expects this…
Rupee Dips to 87.69 Against US Dollar Amid Depressure Pressures
The rupee edged lower in early trade on Wednesday, slipping 6 paise to 87.69 against the US dollar. Forex traders pointed to lingering depreciation pressures and persistent foreign fund outflows…
RBI Says Banks Can Set Minimum Account Balance Rules
In a recent clarification, RBI Governor Sanjay Malhotra stated that the Reserve Bank of India does not regulate minimum balance requirements for savings accounts. Instead, banks have full freedom to…