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From complexity to clarity: GST Council ushers in a new era of tax reforms

The shift from four slabs to a leaner two-tier structure 5% for merit goods and 18% for standard goods, with 40% for sin and luxury items is the most far-reaching change since GST's inception

Patients to benefit from GST rate cut, but firms likely to face pressure

GST rationalisation lowers costs for medical consumables and high-end therapies, benefiting patients. However, pharma companies, particularly in biologics, may face margin pressure due to ITC loss

Datanomics: Fast-moving goods and services key to meeting Modi's objectives

Looking from a different perspective of durability of the products, it is non-durable or fast moving products which would have higher impact on the demand

Startups and VCs call for ecosystem for growth of semiconductor industry

Startups and venture capital firms emphasise the need for a strong ecosystem to accelerate the growth of India's semiconductor industry, fostering both domestic and global competitiveness

GST exemption on life, health policies: Lock in lower term premiums now

Enhance sum insured on base health policy, buy add-on cover

MFs' equity buying surges to 10-month high in August, shows strong inflows

Equity mutual fund (MF) investments surged in August to a 10-month high, indicating strong inflows into equity MF schemes post-July's record highs, despite a market correction

Sweating it out in luxury and style: Tracking India's rise of elite gyms

Places offer high-tech services and exclusive amenities to transform fitness into a premium social experience

When romance meets the rulebook: How cos deal with workplace relationships

Several Indian companies have similar safeguards in place, though few were forthcoming about their policies when contacted

Why changing inflation target is fraught with risks for RBI's future policy

The RBI has sought views on four key inflation-targeting issues. Maintaining the status quo is recommended, with the focus on creating conditions to consistently achieve the existing 4% target

The Evin Prison Bakers Club: Prison memoir details hard-baked resistance

The book blends memoir, recipes, and resistance, portraying Iranian women prisoners who turn baking into an act of defiance and solidarity

It's raining crises: Cities need urgent plans for climate change impacts

At first glance, the easy culprit to pinpoint is growing indiscriminate urbanisation

A new GST: The indirect tax system simplified for greater efficiency

The removal of the 12 and 28 per cent slabs and the shifting of items from these slabs to 5 and 18 per cent will make a large number of consumer items cheaper

Fed is independent, but could markets be right about Trump's push for cuts?

Trump's push for democratic control of the Fed and its independence are not mutually exclusive

The false promise of SCO: No panacea for India's geopolitical challenges

India's enthusiastic participation in the SCO summit hosted by China was meant to signal to Washington that New Delhi has other options

IT, ITes, electronics industries welcome GST reforms strengthening exports

Nasscom and the electronics manufacturing industry have welcomed the GST reforms, highlighting the positive impact on exports, ease of doing business, and future opportunities for digital inclusion

IndusInd Bank refutes ex-CFO Gobind Jain's allegations against chairman

IndusInd Bank has rejected allegations made by its former CFO, Gobind Jain, against Chairman Sunil Mehta, calling the claims meritless and part of an attempt to deflect accountability

Luxury car buyers may get 5-8% price benefit: Mercedes-Benz India MD & CEO

Mercedes-Benz India MD & CEO Santosh Iyer says GST rationalisation will boost festive sales, with buyers set to gain 5-8% price benefit

Semicon India 2025: GlobalFoundries to support companies under DLI scheme

At Semicon India 2025, GlobalFoundries announced it will support companies under India's DLI scheme by providing access to design kits, wafer fabrication, and engineering resources

GST overhaul may reshape ecommerce strategy ahead of festival season

The simplified two-tier GST structure is expected to boost festive season sales by 15-20% as e-commerce platforms prepare for a surge in demand

GST hike to make premium air travel costlier; IATA expresses disappointment

GST on Premium Economy, Business, and First class air travel rises to 18%, while economy fares remain unchanged. IATA expresses disappointment, warning of negative effects on India's aviation sector