The US move to impose 50% tariffs on Indian goods could backfire on its own economy, according to SBI. The bank estimates US GDP may fall 40-50 bps, with inflation staying above 2% till 2026 as higher input costs hit…
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No complicity of officials of National Stock Exchange (NSE) or Securities and Exchange Board of India (SEBI) in willfully allowing the brokers to submit inadequate audit reports was found during the investigation, the agency said.
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The Multiplex Association of India (MAI) is advocating for a GST rate revision, urging the government to lower the tax on cinema tickets priced up to ₹300 to 5%. MAI argues that this change would enhance affordability, encourage expansion in…
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Jerome Powell’s recent remarks at the Jackson Hole Symposium have fueled market expectations of a U.S. Federal Reserve rate cut in September. While Nomura anticipates three cuts, they foresee a more cautious approach than markets predict. India faces potential tariff…
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Vodafone Idea’s infrastructure unit plans to raise funds via debt. The company aims to secure up to 50 billion rupees in September. Bonds with two and three-year tenors are expected. Private credit funds will likely be tapped for the issue.…
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The food ministry has urged the finance ministry to lift GST refund restrictions on vegetable oils, a move impacting SMEs due to inverted duty structure. The GST Council is expected to consider this issue in its next meeting.
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