Latest News, Updates & Breaking Headlines
NEW DELHI: Goods and services tax (GST) collection growth moderated in Nov, following a massive overhaul of the structure, including rate reduction on 375 items, although govt asserted that it had helped boost consumption and the mop-up trends were in line with its estimate.During Nov, based on transactions in Oct, collections (excluding cess) went up…
MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…
The European Central Bank (ECB) sees interest rates as appropriately placed for now but has left room for potential cuts in 2026, according to minutes of its October meeting released on Thursday, AFP reported.The minutes showed that October’s unanimous decision to hold the key deposit rate at 2 per cent reflected broad agreement with Chief…
Marathi actress Girija Oak, who recently won hearts with her simplicity, blue saree look and candid conversations on personal experiences, has finally opened up about the whirlwind of sudden fame. In a new interview, the actress spoke about becoming an overnight internet favourite, how her family reacted, and the troubling side effects of viral popularity….
MUMBAI: The economy gained momentum in Oct as manufacturing and services expanded on festive demand and the continuing impact of GST reforms, while inflation eased to a historic low and stayed well below target, RBI said in a report.“The fiscal, monetary, and regulatory measures undertaken so far this year should pave the way for a…
Gold is likely to trade in a tight range in the near term as investors await key US economic indicators—including GDP and inflation data—and signals from the Federal Reserve’s December policy meeting that could define the direction of interest rates, analysts said, according to news agency PTI. They added that weekly US jobless claims, consumer…
Vaibhav Suryavanshi (Photo by Michael Steele/Getty Images) India A’s chase of 195 in the Asia Cup Rising Stars semifinal began at a blistering tempo thanks to an explosive cameo from opener Vaibhav Sooryavanshi, whose 15-ball 38 laid the platform for a high-octane pursuit. Facing a demanding equation from the outset, India A needed early momentum,…
The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now expects the duties to cut deficits by $3 trillion through 2035, down from the $4 trillion estimated in August, as per news agency Reuters.According to the…
US markets traded in green on Thursday as investors welcomed fresh signs that pressure on Wall Street may be easing, with Nvidia’s latest earnings and renewed hopes of another interest rate cut by the Federal Reserve. Dow jumped 662 points or 1.44% to 46,801. Nasdaq also rose to 23,134 up, 569 points or 2.5% at…
India’s central bank should shift away from its neutral monetary policy stance and deliver around 50 basis points of rate cuts over the next 12 months, according to a report by French asset manager Amundi. As per news agency ANI, the firm said the Reserve Bank of India (RBI) may need to act as economic…
