Govt likely to revive anti-profiteering rules under GST 2.0 overhaul

The government is considering re-invoking anti-profiteering provisions for a limited period to ensure that businesses pass on indirect tax benefits to consumers, following the proposed overhaul of the goods and services tax (GST) regime, according to a senior official. “While the Centre remains committed to market-driven pricing, concerns over unfair profiteering cannot be ruled out…

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Daily Voice: Likely inflationary pressure, economic slowdown could force United States to rethink tariffs policy over time, says DSP MF’s Vinit Sambre

Vinit Sambre, Head – Equities at DSP Mutual Fund believes that 50% tariffs will inevitably have second-order effects—most notably by adding to inflationary pressures in the US and raising the risk of economic slowdown. These consequences, in turn, could compel the US to reassess and recalibrate its trade policy over time, he said in an…

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India’s GST cuts to lift festive e-commerce sales by up to 20%: Executives

India’s recent goods and services tax (GST) cuts are expected to boost e-commerce sales by 15–20 per cent in high-value categories such as electronics, according to industry executives, as the government’s tax rationalisation encourages consumer spending ahead of the festive shopping season. E-commerce and quick-commerce companies are anticipating an additional surge in demand on top…

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Japan’s July exports clock steepest plunge in over four years, dropping by a more than expected 2.6%

The fall was sharper than the 2.1% contraction expected by economists polled by Reuters. Exports to the U.S. also continued to fall, dropping 10.1% in July. While the effects of the 15% tariffs will not show up until the August data, analysts have warned about their impact on the Japanese economy. Japan’s exports plunged 2.6%…

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सरकारी खर्च और निर्यात से भारतीय अर्थव्यवस्था में तेजी, 6.7% वृद्धि का अनुमान

सरकारी पूंजीगत व्यय और निर्यात में वृद्धि के चलते चालू वित्त वर्ष की अप्रैल-जून अवधि में भारतीय अर्थव्यवस्था के 6.7 प्रतिशत की दर से बढ़ने की उम्मीद है। यह एक साल पहले की समान अवधि के 6.5 प्रतिशत से अधिक है। रेटिंग एजेंसी इक्रा का यह अनुमान आरबीआइ की मौद्रिक नीति समिति द्वारा लगाए गए…

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Uttar Pradesh Emerges as Second Fastest Growing State with 8.9% GSDP Growth – Know More

Uttar Pradesh has witnessed a significant economic surge, becoming the second fastest growing state in India. According to the latest report by the Ministry of Statistics and Programme Implementation, the state’s Gross State Domestic Product (GSDP) growth rate jumped from 5.5 percent to 8.9 percent. Chief Minister Mr. Yogi Adityanath’s advisor, Mr. Avnish Kumar Awasthi,…

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Datanomics: India’s manufacturing sector yet to show its strength

With US President Donald Trump reviving his tariff agenda and global supply chains under pressure, calls for bolstering domestic production through “Make in India” have resurfaced. Over the last decade, the Government has rolled out various initiatives, most notably the Production Linked Incentive (PLI) schemes, aimed at boosting manufacturing and creating a strong electronics ecosystem.…

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India’s current account deficit may double to 1.2% of GDP in FY26, focus on oil prices: Report

India’s current account deficit is expected to rise from 0.6% to 1.2% of GDP by FY26, influenced by trade conditions and global commodity prices. The oil trade deficit increased significantly in July 2025, reaching $27.35 billion. India’s current account deficit is projected to nearly double in the financial year 2025-26, increasing from 0.6 per cent…

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