In a major boost for consumers and the automotive industry, Bajaj Auto has announced price reductions of up to ₹24,000 across its motorcycle and three-wheeler (3W) portfolio following the GST Council’s decision to lower tax rates on select vehicle categories. The revised prices, effective from September 10, 2025, are expected to make Bajaj’s popular models…
In a major policy recalibration ahead of the September 22 rollout of GST 2.0 reforms, the Indian government is actively reviewing proposals to address the long-standing issues of unused Input Tax Credit (ITC) and the inverted duty structure that have plagued several sectors. The inter-ministerial meeting chaired by Cabinet Secretary T.V. Somanathan on September 8…
Chief Economic Adviser (CEA) V Anantha Nageswaran has cautioned that India’s nominal GDP growth for FY26 may fall short of the budgeted target of 10.1% due to persistently low inflation. While the government remains optimistic about achieving the real GDP growth target of 6.3–6.8%, the subdued price environment—driven by a strong kharif harvest, landmark GST…
India’s economy is navigating a complex crossroads as two major forces collide: the sweeping GST 2.0 reforms and the steep 50% tariffs imposed by the United States on key Indian exports. While the GST overhaul is expected to boost domestic consumption and formalize the economy, the US tariffs threaten to dent export earnings and widen…
Union Commerce and Industry Minister Piyush Goyal has revealed that India is in advanced discussions with Australian authorities to construct up to 1 million houses across Australia, in a potential infrastructure partnership worth $500 billion. Speaking at the India-Australia Strategic Trade Dialogue in Sydney on September 1, 2025, Goyal emphasized that the initiative could unlock…
China is set to reimpose export restrictions on specialty fertilisers starting October 2025, triggering fresh concerns across global agricultural markets, particularly in India. The move, confirmed by the Soluble Fertilizer Industry Association (SFIA), will impact the availability and pricing of key inputs used in cash crops and horticulture, just as the peak demand season begins….
India is projected to become the second-largest economy in the world by 2038, with a staggering GDP of $34.2 trillion, according to a recent economic outlook report. This projection, if realized, would place India ahead of major global economies such as Japan and Germany, leaving it second only to the United States or China depending…
E-commerce giant Flipkart has announced the creation of over 2.2 lakh seasonal jobs across India in preparation for its flagship festive sale event, The Big Billion Days 2025. The move comes as part of the company’s aggressive scale-up strategy to meet surging consumer demand during the festive season, while also reinforcing its commitment to inclusive…
Commerce and Industry Minister Piyush Goyal has revealed that India is engaged in relentless, round-the-clock negotiations for Free Trade Agreements (FTAs) with several major economies, including the United States, European Union, Chile, and Peru. Speaking at the Entrepreneur and Traders Leadership Summit on August 23, 2025, Goyal emphasized that India’s trade diplomacy is operating across…
Amid escalating trade tensions between New Delhi and Washington, India’s Ambassador to the United States, Vinay Mohan Kwatra, has launched a diplomatic outreach campaign focused on energy cooperation and fair trade practices. Over the past two weeks, Kwatra has met with more than 16 US lawmakers across party lines, emphasizing India’s growing hydrocarbon imports from…
