India's collection of gross goods and services (GST) recorded a 0.7% year-on-year (YoY) increase to ₹1.70 trillion in November 2025 due to the lower tax rates in the economy after the central government tax cuts, according to the official release.
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Ola Electric Mobility Ltd had its own set of problems, and the goods and services tax (GST) rate cut from 28% to 18% on ICE two-wheelers has only made matters worse.
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Two new Bills in the Lok Sabha aim to maintain overall tax incidence, fund public health, and curb evasion in pan masala production.
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Mumbai: India’s economic growth numbers have undoubtedly surprised economists and analysts, but not enough to trigger doubts about the quality of the data.
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Delhi’s air quality slipped to the ‘very poor’ category on Saturday with the city’s AQI touching 369, sparking widespread concern and anger online. Social media users called toxic air in the Capital an “existential crisis” and urged authorities to take urgent, measurable action.
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The July-September growth is way above the 7.2% growth forecast by 15 economists in a Mint poll. This is also significantly higher than the latest projection of 7% for the quarter by the Reserve Bank of India.
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RBI has held rates since August, after a cumulative 100 bps of cuts in the first half of the year. A sharp fall in food prices and GST rate cuts have driven consumer inflation to a record low of 0.25% in October, giving the central bank room to support weak consumption.
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Fourteen months after a big selloff attributed to a global shift in capital flows, Indian largecap stock indices regained the limelight on Thursday. The wait had begun to seem endless, but the BSE Sensex finally surpassed last year’s peak to touch a fresh intraday all-time high. This index leapt above the 86,000 mark for the first time, though it closed the trading day lower.
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Reliance Industries share price has been on a decent upward trend. Reliance shares have gained 6% in one month and have risen 14% in three months. The stock has rallied 29% on a year-to-date (YTD) basis, while it has jumped 77% in the past five years.
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The Indian cement sector continues to grapple with muted price trends amid tepid demand. Following a goods and services tax (GST) rate cut in late September, the benefit was passed on to consumers, with the GST on cement reduced from 28% to 18%. As a result, prices eased in October, with weakness persisting through November. Cement demand in certain markets during Q3FY26 has been affected by a mix of factors, including elections in Bihar and the Vidarbha region, labour shortages, and construction slowdowns in Delhi due to pollution.
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