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The council had recommended reducing the GST rate on marble and travertine blocks, granite blocks, sand lime bricks and certain household commodities made of brass, aluminium and copper, among other things, from 12% to 5%. Image used for representative purpose only. | Photo Credit: S. Harpal Singh In a statement issued on Thursday (September 11,…
Honda Motorcycle and Scooter India (HMSI) on Thursday (September 11, 2025) said price of its models up to 350 cc would come down by up to ₹18,800 with it passing on the GST rate cut benefit to customers. The company will pass on full benefits of the recent GST rate reduction to its customers across…
Read More “Honda’s GST rate cut benefit lowers two-wheeler prices up to 350cc by ₹18,800” »
Rupee depreciated 5 paise to 88.16 against the U.S. dollar in early trade | Photo Credit: Reuters The rupee depreciated 5 paise to 88.16 against the U.S. dollar in early trade on Thursday (September 11, 2025), as market participants are keenly awaiting cues from the trade talks between India and the U.S.. Forex traders said…
Read More “Rupee falls 5 paise to 88.16 against U.S. dollar in early trade” »
Founder and CEO of PhonePe Sameer Nigam speaks during the launch of the Udyam Assist Portal program, in New Delhi on September 10, 2025 | Photo Credit: ANI PhonePe will work with the Ministry of Micro, Small and Medium Enterprises (MSMEs), and the Small Industries Development Bank of India, to register more small merchants with…
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Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50%. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50%, as the country tries…
Read More “Mexico’s new tariffs on Asian imports aim to counter U.S. trade pressures” »
Vijay Bind, 48, is binge-drinking tea at a chai shop on Durgaganj Road in Bhadohi, Uttar Pradesh. He asks the man behind the counter for three successive cups, which he downs quickly. He looks tense. Two other men, around the same age, join him. “My factory owner has asked me to come after a week,”…
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Domestic rating agency Icra on Wednesday (September 10, 2025) flagged lenders’ exposure to small and medium enterprises (SMEs) as a potential source of risk. The agency also noted that the fixed deposit offerings by banks have bottomed out, and further reductions are less likely if the RBI holds on to the rates. The agency has…
Read More “Icra flags risks on small biz exposures, feels FD rates have bottomed” »
India is leaning towards not creating legislation to regulate cryptocurrencies in the country and instead will maintain partial oversight, fearing that bringing the digital assets into its mainstream financial system could raise systemic risks, a government document shows. The document, seen by Reuters, cites the Reserve Bank of India’s (RBI) view that, in practice, containing…
Read More “India resists full crypto framework, fears systemic risks, document shows” »