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- FY26 GST revenue to exceed budget targets! States will remain net gainers; here's what SBI report says November 2, 2025GST revenue for FY26 is projected to surpass budget targets, according to SBI Research, despite a significant rate restructuring. The new four-tier slab system, with a 40% rate for luxury goods, is expected to benefit most states, with Maharashtra and Karnataka anticipating substantial gains. Historical data suggests revenue will stabilize and then accelerat […]
- US–China trade reset: From port fees, tariffs to rare earths — What Donald Trump and Xi Jinping agreed on November 2, 2025US and China have agreed to a temporary truce in their trade war, pausing new tariffs and export curbs. Key deals include China resuming significant soybean purchases, US cutting fentanyl-related tariffs, and China lifting rare-earth export restrictions. This de-escalation offers a year-long window for further negotiations.
- October GST collection up 4.6% to Rs 2 Lakh-crore despite tax cuts November 2, 2025October GST collections reached ₹1.96 lakh crore, a 4.6% rise, marking the slowest growth this fiscal. This moderation is attributed to pre-GST sales pauses and recent rate cuts. Despite this, experts anticipate a strong rebound in November's figures, fueled by revived consumer demand and upcoming festive spending.
- Green tech breakthrough: NTPC pioneers India’s first CO₂ injection borewell; project to advance indigenous carbon capture and storage capability November 1, 2025India's first-ever geological carbon dioxide storage well is now being drilled by NTPC at its Jharkhand coal mine. This pioneering effort by NTPC's R&D arm is a significant step towards the nation's net-zero goals, aiming to safely store CO2 deep underground. The project will gather crucial data to assess rock formations for long-term carb […]
- Gold market outlook: Prices fall for 2nd week as dollar gains and Fed caution hit demand; silver edges up after sharp swings November 1, 2025Gold prices tumbled for a second week, impacted by a stronger dollar, easing global tensions, and the US Federal Reserve's cautious stance on interest rate cuts. This dented demand for safe-haven assets, leading to significant profit-booking and a sharp correction in both domestic and international markets. Silver, however, showed resilience.
- Festive buy, GST rate cut drive record car sales November 1, 2025
- Indian households piling on debt faster than creating assets, RBI data show November 1, 2025Amount of financial assets added each year grew 48% between 2019 and 2025, but annual liabilities surged 102% over that period; mutual funds have become popular instrument to invest money
- India preferred business destination than China, says Australian METS delegation November 1, 2025
- GST collections rise 4.6% to ₹1.96 lakh cr in October November 1, 2025GST rates on 375 items, including kitchen staples to electronics and automobiles, were slashed with effect from September 22 — the first day of Navratri and considered auspicious for buying new goods
- Small, low-risk businesses to get GST registration within 3 days starting November 1 November 1, 2025Small and low-risk business applicants identified by the GST system through data analysis, or those who self-assess that their output tax liability will not exceed ₹2.5 lakh per month, will be able to opt for the scheme