Economy 2

Should dip in FMCG sales due to GST cuts be a concern for investors?

Consumers and trade channels both deferred purchases for different reasons, say FMCG companies, hurting their September quarter sales growth. Will it cast a shadow on FY26 performance?

Centre weighs a downgrade clause in PSU Ratna status if state-run firms fail to perform for three years

Officials said the government is also weighing the potential flip side of such downgrades, including how a lower classification could affect a PSU’s market valuation, investor confidence and the ability to raise funds.

Direct cash transfers effective in poverty alleviation, says J-PAL's Iqbal Singh Dhaliwal

Hardware is hard but software is harder — India has built the hardware. Now the country must focus on the software – the people, their skills, their health and education, the economist tells Moneycontrol

Before the ASEAN Summit: India's rush to fix a broken trade agreement and $45 billion deficit

The review of the AITIGA must be hastened to help India consolidate its position in world trade in the face of US tariffs and geopolitical flux

India’s 8% growth hinges on private investment revival, says Michael Patra

Government’s capital expenditure has played its part and consumption now holds the key to sustaining growth, the former RBI deputy Governor tells Moneycontrol

RSS calls for adoption of Bharatiya model of development that does away with consumerism

RSSFACTS: At RSS Centenary Address, Mohan Bhagwat unveils RSS’ global outlook on development models and urges people to adapt traditional ways to contemporary needs

Govt extends deadline to opt for Unified Pension Scheme till November 30

Extension comes after stakeholders sought more time in light of recent changes including switch option, retirement benefits, and tax exemptions

ED attaches Rs 15.41-crore worth of properties in GST fraud case

According to ED, the accused issued bogus GST invoices, fraudulently generating and passing on fake Input Tax Credit valued at over Rs 734 crore.The fraud spans three states and involves 135 shell companies

Government may invoke Legal Metrology Act to check profiteering on GST rate cuts

CBIC is collecting pre and post-rationalisation GST data to identify instances where the benefits of the tax cut are not being passed on.

Nearly 90% of finance ministry files go digital as officials shift to new Central Vista building

Legacy files have been scanned and shredded; officials are citing storage constraints and shift to a new paperless regime

Next GST Council may fix notebook paper tax mismatch to lower cost of study material

Senior government source said anomaly of tax-free notebooks and 18 percent levy on paper inputs will be corrected in next GST Council meeting.

How can states further energise the RE drive?

The Centre must suggest steps to make PPAs more acceptable to states that are reluctant to raise clean power off-take

Flat STT mop-up raises doubts over ambitious Rs 78,000-crore target, say experts

The STT collections this year, so far, are approximately Rs 26,300 crore, similar to previous year’s collections around the same time.

Moneycontrol Pro Panorama | Trump’s war on multilateralism is a mistake

In Moneycontrol Pro Panorama September 24 edition: By mocking climate change and rubbishing institutions like the UN, Trump is dismantling the very system that keeps global order intact

Reopening of PLI for ACs and LEDs to drive self-reliance

The current window for select white goods offers mid-sized firms to tap into a growing market as supply chains get localized and entry barriers have become lower. While the intention is commendable, implementation is not without challenges 

India must harness AI potential to boost trade

The huge potential of AI in catalysing trade and economic growth, globally and locally, was highlighted in two separate reports recently

GST 2.0 is a multi-dimensional reform, first of its scale since independence: Amit Shah

Home Minister says unprecedented rate cuts will boost investment, consumption, and public trust in the tax system

CEA Nageswaran sees India-US tariff dispute being resolved in '8-10 weeks'

It may also be the case that the reciprocal tariff may come down to the level, which we were earlier anticipating, somewhere between 10-15 percent, he said.

Classification anomalies, carve-outs in rates make GST 2.0 not entirely perfect, say experts

While GST 2.0 aims to streamline tax rates, bricks continue to attract dual levy under a special composition scheme, a structure that has remained unchanged since its introduction in 2022.

US impetus for India to bargain hard with EU on carbon levy

As the next round of India-EU FTA talks get underway, New Delhi’s focus should be on getting some relief on the CBAM

Mahindra: GST tailwinds to power earnings across businesses segments

PV industry had gone through a rough patch between FY2022 and FY2023 when PV sales softened on the back of a surge in costs and vehicle prices

What to expect from Indian equities, post GST 2.0?

It is unlikely to be a one-way street, given the conflicting forces at work

GST rate rationalisation may lead to annualised household savings of around Rs 1.8 lakh crore, says Nilesh Shah

Overall, the GST rate rationalisation along with process improvement demonstrates the Government’s urgency and intent to strengthen the GST framework and boost demand in the economy.

Chart of the Day | Industrial credit offtake remains challenging for banks

Good cash flows in most front-rung companies and a vibrant equity market resulted in decline in industrial credit offtake