India’s federal and state finance ministers are convening from September 3–4 to discuss a sweeping overhaul of the GST system. The focus: potential tax reductions on more than 400 items and proposed hikes on high-end goods—moves that could reshape consumption patterns and indirect tax revenues. Given GST’s far-reaching impact on prices, trade, and inflation, any […]
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Though India’s GDP growth clocked in at a healthy 7.8%, a recent analysis urges caution: the momentum seems fuelled more by government spending than sustainable private demand. Nominal GDP figures are only modestly above real growth, hinting at suppressed inflation and lacklustre consumer activity. The report flags weak urban demand amid expectations of lower GST
The Indian rupee plunged to an all-time low against the US dollar on 1 September, shaken by mounting trade tensions and tariffs imposed by the U.S. This depreciation reflects heightened concerns around export headwinds and global policy uncertainty. A weaker rupee can increase input costs for import-dependent sectors and push inflation higher, while benefitting exporters
In a borrower-friendly move, both Punjab National Bank (PNB) and Bank of India (BoI) have reduced their MCLR (Marginal Cost of Funds–based Lending Rates) for September 2025. PNB lowered its MCLR by up to 15 basis points, and BoI trimmed rates between 5 to 15 basis points across various tenures (excluding overnight). These changes took
Apple has confirmed that the iPhone 17 series will launch in India on 9 September 2025, with prices starting at approximately ₹79,990. The new lineup includes the slim iPhone 17 Air, outfitted with a 5.5 mm aluminum frame, under-150g weight, 6.6-inch OLED ProMotion display, A19 Pro chip, 12 GB RAM, Wi-Fi 7, and eSIM-only support—all
n a unique blend of tradition and technology, Bhopal unveiled a Vedic Clock at the Chief Minister’s residence today. Rooted in ancient Indian timekeeping, the clock operates on a 30-hour day, where each hour—termed a “muhurta”—lasts 48 minutes, and the cycle begins with sunrise. Developed over eight years at a cost of about ₹1 crore,
A consortium of eight leading venture capital and private equity firms—both from the U.S. and India, including Accel, Blume Ventures, Premji Invest, and more—have formed the India Deep Tech Investment Alliance. Together, they pledge over $1 billion to back India’s deep tech startups over the next decade. This move aims to bridge the funding gap
