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GST Reforms To Benefit Middle And Lower Income Groups: Industry Leaders | Business

New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >

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BusinessSep 05, 2025 07:28 PM

"Nigeria's Oil Diplomacy Triumphs as India Picks Abuja Over Washington"

LAGOS/ABUJA/NEW DELHI -- Nigeria has scored a major diplomatic and economic win as Indian Oil Corporation (IOC), Asia's largest state-owned refiner, bypassed U.S. crude in its latest tender and turned instead to 2 million barrels of Nigerian crude grades Agbami and Usan, alongside 1 million barrels of Abu Dhabi's Das crude. The development, though framed as a commercial decision, signals a new chapter in Nigeria's oil diplomacy, positioning Africa's largest producer as a pivotal supplier in the ...Read More >

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