GST rate rejig likely: Relief for tractors, ACs, and term insurance on the cards
According to a report by Nomura, tractors—currently taxed at 12%—are likely to be shifted to the 5% slab if the Council decides to abolish the 12% bracket.
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India’s CXO hiring rises 9.5% in FY25, shift to performance-led leadership: Survey
Business head hiring grew by more than 30% over the previous fiscal year, as companies took decisive steps to replace underperforming leaders, a Venator Search Partners report said.
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Study finds 93 pc of low-income salaried individuals rely on credit cards
A recent study reveals a significant reliance on credit cards among low-income individuals in India, with 93% of salaried employees earning under Rs 50,000 and 85% of self-employed individuals using them. Buy Now Pay Later services are also gaining traction.…
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Buyers keep hands off gold, as sales plunge 60% in June, steepest drop since Covid
Gold sales in India witnessed a sharp decline in June. The drop is attributed to high and fluctuating gold prices. India Bullion & Jewellers Association reports a 60% decrease. Jewellers are now promoting 14-karat gold. This is due to its…
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Retail participation in capital mkt increases; demat accounts surge to 19.4-cr in 2025
A senior Sebi official highlighted the surge in retail investor participation in the Indian market, with demat accounts soaring to 19.4 crore in 2025. Domestic institutional ownership has risen, while foreign ownership has declined. Sebi emphasizes the importance of capital…
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Labour force participation falls to 54.2% in June, Rural women most affected
India’s labour market softened in June 2025 as the LFPR dropped to 54.2% and WPR to 51.2%, driven by seasonal disruptions and heatwave constraints. The decline was most pronounced among rural women, many of whom exited agricultural roles for domestic…
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