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GST rationalisation: Organised apparel retailers to see 200 bps growth lift; festive demand, affordability key drivers

The recent rationalisation of Goods and Services Tax (GST) is expected to lift revenue growth in India’s organised apparel retail sector by about 200 basis points this fiscal, keeping it steady at 13-14 per cent for the second consecutive year, according to Crisil Ratings. The assessment is based on an analysis of nearly 40 organised…

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‘Drivers of India’s economic growth’: PSU banks post stronger credit growth; DFS Secretary push for digital services

Public sector banks have demonstrated stronger performance and resilience recently, with credit growth surpassing that of private banks, Financial Services Secretary M Nagaraju said on Tuesday. He attributed the trend to improved due diligence, enhanced credit underwriting standards, and better monitoring of project loans.Speaking at the inauguration of Punjab & Sind Bank’s MSME Sports Cluster…

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Hyderabad: Cabbie assaults man over cancelled ride; victim forced to kneel, touch driver’s feet | Hyderabad News

HYDERABAD: Infuriated over a passenger cancelling a trip after refusing to pay extra fare, a driver working for a ride-hailing app tracked him down to AIG Hospital in Gachibowli and allegedly assaulted him in full public view on Sept 15. The Raidurgam police registered a case on Thursday after the victim lodged a complaint, and…

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No more paper! Oman residents can now legally use digital copies of their national IDs and driver’s licenses | World News

The Royal Oman Police officially recognizes certified digital national IDs and driver’s licenses across Oman/Representative Image The Royal Oman Police (ROP) has made a significant stride in digital transformation by legally recognizing certified electronic versions of national ID cards and driver’s licenses. This new measure allows citizens and residents to access and use these documents…

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Aamir Khan slams stars for burdening producers with costs of their drivers, live kitchens: ‘You earn in crores, khuddari nai hai?’ | Hindi Movie News

There’s a lot of debate in the industry around the rising entourage costs of stars and how that burdens the producers, thus adding to the overall budget of the film. This is especially worrisome when after Covid 19, movies are not doing that well at the box office and are struggling to recover their costs….

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