Top Gainers & Losers on August 18: Maruti Suzuki, Hyundai Motor, Blue Star, Bata India among top gainers today
  • 18 Aug 2025 06:16 PM
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Top Gainers & Losers on August 18: Maruti Suzuki, Hyundai Motor, Blue Star, Bata India among top gainers today

Source: https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-august-18-maruti-suzuki-hyundai-motor-blue-star-bata-india-among-top-gainers-today-11755511752044.html

Indian stock markets closed higher on Monday as PM Modi's tax cut proposal spurred gains in autos and consumer durables. The Nifty 50 ended at 24,874, up 1%, while the Sensex rose 0.84%.

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India’s GST Reforms Focus on Rates and Simplicity: PM
  • 16 Aug 2025 05:37 PM
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India’s GST Reforms Focus on Rates and Simplicity: PM

Source: https://taxguru.in/goods-and-service-tax/indias-gst-reforms-focus-rates-simplicity-pm.html

In a speech for India’s 79th Independence Day, Prime Minister Narendra Modi announced upcoming reforms to the Goods and Services Tax (GST) system. The proposed changes, aimed at building an “Atmanirbhar Bharat,” are structured around three core pillars: structural reforms, rate rationalization, and ease of living.

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Trump-Putin meeting to GST reforms: How Indian stock market may react on Monday? EXPLAINED
  • 16 Aug 2025 05:20 PM
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Did Swiggy increase their platform fee from ₹12 to ₹14? Report reveals...
  • 16 Aug 2025 05:30 PM

Did Swiggy increase their platform fee from ₹12 to ₹14? Report reveals...

Source: https://www.livemint.com/news/did-swiggy-increase-their-platform-fee-from-rs-12-to-rs-14-delhi-mumbai-zomato-swiggy-instamart-blinkit-report-reveals-11755329306953.html

The platform fee of Rs14 per food delivery order is reportedly inclusive of GST. In comparison, Zomato applies a platform fee of ₹10, excluding GST. Swiggy was the first to introduce this fee in April 2023, starting at ₹2, and has gradually increased it to ₹12 (pre-GST).

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GST reforms, Putin-Trump meeting to US Fed rate cut: Top five factors that may dictate Indian stock market next week
  • 16 Aug 2025 05:33 PM

GST reforms, Putin-Trump meeting to US Fed rate cut: Top five factors that may dictate Indian stock market next week

Source: https://www.livemint.com/market/stock-market-news/gst-reforms-putin-trump-meeting-to-us-fed-rate-cut-top-five-factors-that-may-dictate-indian-stock-market-next-week-11755336112058.html

The Indian stock market showed recovery after six weeks, led by pharma and auto stocks. Key drivers include PM Modi's GST reforms, US Fed minutes, and macroeconomic conditions like low inflation and favourable monsoon, despite FIIs' selling

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Centre proposes new GST rates of 5%, 18%; cigarettes to attract 40% tax under revamped regime — Check details here
  • 16 Aug 2025 05:07 PM

Centre proposes new GST rates of 5%, 18%; cigarettes to attract 40% tax under revamped regime — Check details here

Source: https://www.livemint.com/economy/centre-proposes-new-gst-rates-of-5-18-cigarettes-to-attract-40-tax-under-revamped-regime-check-details-here-11755260285293.html

The Indian government proposed that the new GST rates should be at 5% and 18%. The centre has outlined tax rates for cigarettes, sin goods, luxury goods, and daily use items, among others, to be considered and approved by the GST Council in its upcoming meeting.

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Modi’s clarion call for swadeshi, GST relief, and stronger security shield in longest I-Day speech
  • 16 Aug 2025 05:17 PM

Modi’s clarion call for swadeshi, GST relief, and stronger security shield in longest I-Day speech

Source: https://www.livemint.com/news/india/modis-clarion-call-for-swadeshi-gst-relief-and-stronger-security-shield-in-longest-i-day-speech-11755252714027.html

PM Modi's Independence Day speech focused on promoting swadeshi products, enhancing domestic manufacturing, and reforming GST to stimulate the economy. He outlined a new national security strategy and expressed concerns over illegal immigration impacting India's demographics and security.

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GST reforms: Govt to scrap 12%, 28% rates—a gamechanger for consumers?
  • 16 Aug 2025 05:15 PM

GST reforms: Govt to scrap 12%, 28% rates—a gamechanger for consumers?

Source: https://www.livemint.com/economy/gst-overhaul-12-28-percent-slabs-dropped-consumption-stimulus-11755261202244.html

In a significant GST reform, the Central government proposes eliminating the 12% and 28% tax slabs, redistributing items primarily to 5% and 18%. While intended to boost the economy, this could lead to a revenue shortfall in the short term.

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What is Sudarshan Chakra? PM Modi announces India’s next-gen multi-layered shield against missile threats
  • 16 Aug 2025 05:12 PM