By Anshul Aggarwal and Kunal KohliOptically, the 56th GST Council Meeting is nothing less than a full-fledged Budget announcement from a GST perspective. Convened at a time when global indicators point to a broader economic slowdown — alongside rising trade pressures— the Finance Minister’s address to India’s 140 billion economy reaffirms the strength and credibility…
Industry experts caution that the passage of this Bill could lead to further spending reductions by US clients. The Donald Trump administration’s potential move to impose a tax on jobs outsourced outside the US have sent jitters in the Indian IT sector. The potential introduction of legislation by a Republican senator to impose taxes on…
Indian employers are set to ease hiring in the October–December quarter even as recruitment sentiment shows marked improvement from a year ago, according to the latest ManpowerGroup Employment Outlook Survey. The net employment outlook, quoted by Economic Times, for Q4 stands at 40 per cent, down seven points from the current quarter but 18 points…
NEW DELHI: LG Electronics India is looking to list on Indian bourses by middle of next month, with the company (the domestic arm of Korean global major LG Inc) understood to have re-valued its operations at around 20% lower to the peak of Rs 1 lakh crore that it had assessed earlier, banking sources have…
Gold reached a new record peak, driven by growing anticipation of Federal Reserve interest rate reductions by the end of the year. (AI image) Gold price today: Gold rates hit a lifetime high on Monday, crossing the Rs 1.10 lakh per 10 grams mark. Gold prices surged by Rs 458, reaching a peak of Rs…
DELHI/MUMBAI: The GST cut that makes cars cheaper and is expected to be a fillip for the auto industry in the second half of the year has caused a lull in sales in August as customers wait for the discounts to show up. Auto retail sales rose by just 3% in Aug to 19.6 lakh…
NEW DELHI: India and Qatar are expected to finalise the terms of engagement for a bilateral trade agreement by Oct, even as negotiators from the European Union began consultations with officials here in a bid to finalise the proposed fee trade agreement by the year-end.Once the terms of reference of the proposed trade pact are…
HYDERABAD: Battery materials and supply chain player Altmin Private Ltd’s proposed $250 million (approx Rs 2200 crore) greenfield lithium refining project in Brazil has become the first project from India to be listed with the Minerals Security Partnership (MSP).MSP is a US-led alliance of 14 countries and the European Commission that focuses on securing and…
Jindal Steel Chairman Naveen Jindal (File photo) NEW DELHI: Steel demand in India will normalise from Oct and is set to grow at double digit rates in the second half of this year after a slowdown during monsoon, Indian Steel Association (ISA) president and Jindal Steel chairman Naveen Jindal said on Monday. He also said…
Robert Murdoch (AP file photo) and son Lachlan Murdoch (Photo from Fox corporation website) Rupert Murdoch’s family has finalised succession arrangements that hand control of his media empire to eldest son Lachlan Murdoch, ensuring Fox News retains its conservative direction. 94-year old Murdoch, an Australian-born American tycoon, built one of the world’s largest media groups,…
