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Report says rate cut tough in 2025 with August inflation slightly over 2%

New Delhi, Sep 13: With August inflation print a tad higher than the 2 per cent mark, a rate cut in October is unlikely, according to a report by SBI Research, adding that even a rate cut in December looks a little difficult if growth numbers for Q1 and estimated Q2 data are taken into...
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India aims to wrap up mutually beneficial free trade pact with EU in 2025

New Delhi, Sep 13: Commerce and Industry Minister Piyush Goyal on Saturday said that India remains committed to a mutually beneficial free trade agreement (FTA) with the European Union (EU) this year.Goyal, who met Maros Sefcovic, Commissioner for Trade and Economic Security,...
Piyush Goyal hails GST reforms as landmark relief for auto sector
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Piyush Goyal hails GST reforms as landmark relief for auto sector

New Delhi, Sep 13: As India marks 10 years of ‘Make in India’, this is an opportune time to aim higher, strengthen supply chains, build resilience, and contribute significantly to jobs, exports and high-quality manufacturing in the automobile industry, said Union Minister of Commerce and...
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PV sales projected to grow 7% by FY27, up to 13% price cuts likely: Industry

New Delhi, Sep 12: Leading car sellers in India Maruti Suzuki and Hyundai Motor India has said that they expect a resurgence in the automobile sales as Goods and Services Tax (GST) reforms reduce vehicle prices by 3.5–13 per cent, amidst festive demand.The country’s largest carmaker Maruti...
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SIP contributions surge 8 times in nine years to ₹28,265 crore in Aug: Report

New Delhi, Sep 12: Systematic investment plans (SIPs) have emerged as one of the most popular ways for Indians to invest in mutual funds as the monthly SIP contributions have witnessed an almost eightfold jump in just nine years, a new report said on Friday.In August 2016, the total SIP inflow...
ABC reports 2.77% rise in newspaper circulation, print media shows strong growth
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ABC reports 2.77% rise in newspaper circulation, print media shows strong growth

The Audit Bureau of Circulations (ABC) reported a 2.77% increase for Jan–June 2025, with average sales reaching 29.7 million copies.
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GST 2.0 reforms could lower inflation by 75 bps, spur ₹1 lakh cr consumption:...

New Delhi, Sep 11: India’s GST reforms could trim headline inflation by as much as 75 basis points and unlock up to Rs 1 lakh crore in consumption spending, a report has said."The overall impact on CPI is expected to be around 55-75bps. Thus we revise downward our current estimate of headline...
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Tax bodies urge extension of ITR, audit deadlines citing portal glitches,...

New Delhi, Sep 11: Chartered accountant associations and tax lawyers have urged the government to extend income tax return (ITR) and audit deadlines for the assessment year (AY) 25-26, citing ongoing issues with the e-filing portal and delays in form releases.The Karnataka State Chartered...
Cabinet approves ₹3,169 cr project to double Bhagalpur–Dumka–Rampurhat rail line
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Cabinet approves ₹3,169 cr project to double Bhagalpur–Dumka–Rampurhat rail line

New Delhi, Sep 10: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved doubling of the Bhagalpur-Dumka-Rampurhat single railway line section across a stretch of 177 kms in Bihar, Jharkhand and West Bengal at a total cost of Rs 3,169 crore.The...
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Cabinet clears ₹4,447 crore proposal for construction of 4-lane highway in Bihar

New Delhi, Sep 10: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the construction of the proposed 4-lane greenfield access-controlled Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor in Bihar on hybrid annuity mode,...
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Purchase deadline extended in Gujarat, GST reforms set to help one lakh farmers

Ahmedabad, Sep 10: Gujarat Agriculture Minister Raghavji Patel announced that the state government has extended the deadline for farmers to purchase tractors and farm equipment under the Agricultural Mechanisation Scheme, enabling them to benefit from the revised GST rates, set to take effect...
India aims for $250 bn textile industry by 2030, with $100 bn from exports: Giriraj Singh
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India aims for $250 bn textile industry by 2030, with $100 bn from exports:...

New Delhi, Sep 10: India’s textile sector, valued at $179 billion with exports of $37.75 billion, aims to become the $250 billion domestic market with $100 billion exports by 2030, according to Union Minister Giriraj Singh.The minister recalled that India’s textile sector remains one of the...
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