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GST reforms could lower retail inflation by up to 35 basis points in 2025-26, with the impact already visible in recent months, according to a report by SBI Research.The report, cited by news agency ANI, estimated that Consumer Price Index (CPI) or retail inflation declined by around 25 basis points during the September–November 2025 period…
India has launched CoalSETU, a new policy for long-term coal linkage auctions aimed at industrial use and exports. This dedicated window allows any domestic industrial buyer to bid, simplifying procedures and boosting the utilization of coal reserves. Fuel supply agreements can extend up to 15 years, with flexible use within group companies, potentially reducing imports…
IBPS, SBI, RRBs: Major changes in bank recruitment; FinMin standardises result declaration process NEW DELHI: The Finance Ministry has unveiled a series of reforms aimed at streamlining recruitment examinations and result declarations for public sector banks, including the State Bank of India (SBI), Nationalised Banks (NBs) and Regional Rural Banks (RRBs). The move seeks to…
Rahul Gandhi accused the BJP of capturing the Election Commission, alleging it colludes with the ruling party to win polls and commits “vote chori.” He criticized the government’s move to exclude the Chief Justice from the EC selection panel, giving the PM complete control. NEW DELHI: Asking why the prime minister and home minister are…
File photo: Chief Justice of India Surya Kant CHANDIGARH: In a significant push for modernising the country’s prison ecosystem, CJI Surya Kant has advocated bold, tech-integrated reforms, ranging from digital-skills training to UK-style inmate-monitoring systems, aimed at transforming prisons from punitive spaces into “engines of reintegration”.Highlighting the need to align prison training with the “economy…
Finance Minister Nirmala Sitharaman NEW DELHI: Govt will soon undertake “comprehensive” reforms of Customs to make it more transparent and ease compliance, Union finance minister Nirmala Sitharaman said Saturday.“There are quite a few things to do. There is the complete overhaul of the Customs area. We need to have a lot more simplified Customs department…
MUMBAI: The insolvency system slowed in the Sept 2025 quarter, with the resolution to liquidation ratio falling to 0.7x from 0.9x in Q1FY26 and FY25.Lender realisations slipped to about 25% of claims and over 77% of corporate insolvency cases are in breach of statutory timelines, even as a parliamentary panel on Tuesday proposed reforms to…
The Pension Fund Regulatory and Development Authority (PFRDA) will create a dedicated NPS fund-of-funds platform to route pension money into selected alternative investment funds (AIFs), chairman S Ramann said on Tuesday, outlining a broader push to position pension assets as a stable source of long-term capital for India’s private markets. Speaking at IVCA DII &…
NEW DELHI: An agreement has been reached between parliamentarians to run the House “smoothly” after the government gave in to the opposition’s demand to hold a discussion on the ongoing pan-India special intensive revision of electoral rolls.After two days of chaos and disruptions, Lok Sabha Speaker Om Birla held a Business Advisory Committee meeting with…
File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…
