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New Delhi [India], December 15 (ANI): The retail credit demand in India strengthened during the July-September 2025 quarter, supported by Goods and Services Tax (GST) rationalisation and improved consumer sentiment ahead of the festive season, according to TransUnion CIBIL's latest Credit Market Report. The Credit Market Indicator (CMI), a composite measure of credit market health, rose to 99 in the September 2025 quarter from 98 in the preceding quarter, reflecting improved demand, supply cond ...Read More >
CHENNAI: Citi-based Galaxy Health Insurance, India's youngest standalone health insurer founded in October 2024, on Monday announced the launch of its 12th product Galaxy Twin 360 here. It provides insurance coverage for young adults aged 18 to 45 years and also covers family members - spouse and three children. The product has three plans: core, max & ultra, integrating comprehensive inpatient (IPD) protection, high-value outpatient (OPD) benefits and wellness services. Addressing the media af ...Read More >
TV actors Ankita Lokhande and Vicky Jain recently celebrated their fourth wedding anniversary. The couple's celebration took an unexpected turn after they were subjected to a GST raid. According to The Times of India, the Chhattisgarh State GST department raided multiple places connected to Vicky's family business in Bilaspur in relation to a coal company. According to officials and media reports, the multi-location raids resulted in a total tax submission of Rs. 27.5 crore from three significa ...Read More >
Uttarakhand Chief Minister Shri Pushkar Singh Dhami on Saturday took part in the 47th All India Public Relations Conference-2025 at Hotel Emerald Grand on Sahastradhara Road in Dehradun. He formally inaugurated the conference by lighting the ceremonial lamp, visited the photo exhibition at the venue, and inspected various handicraft stalls, where he encouraged local art and craftsmanship. Dehradun is hosting the 47th All India Public Relations Conference from December 13 to 15, with participati ...Read More >
Gold is consolidating high again, prolonging its remarkable monster bull. Since rocketing into extreme overboughtness in mid-October, gold has largely been drifting sideways on balance. This is really defying precedent for big-and-fast drawdowns after such massive runs, for an unbelievable fourth time in this bull. How its three earlier high consolidations played out offers insights into this current one's likely behavior. In a single month into October 20th, gold soared 18.2% achieving 15 new ...Read More >
New Delhi [India], December 15 (ANI): The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half. Crisil has revised its GDP forecast for this fiscal with the first-half growth printing at a street-beating 8 per cent. "We expect GDP to grow at 7 per cent in fiscal 2026, compared with 6.5 per cent in fiscal 2025," Crisil, a global, insights-driven an ...Read More >
The Bill aims to augment resources for meeting expenditure on national security and public health. Union Finance Minister Nirmala Sitharaman on Thursday moved The Health Security se National Security Cess Bill, 2025 in Lok Sabha for consideration and passing in the Lok Sabha. Speaking in the Lok Sabha, "I rise to move that the bill to augment the resources for meeting expenditure on national security and for public health and to levy assess for the said purposes on the machines installed or ot ...Read More >
New Delhi: In a big move, 'The Health Security se National Security Cess Bill, 2025' was passed in the Lok Sabha today. The Bill, as stated by FM Sitharaman in the Lower House, proposes to levy a cess on production of goods such as pan masala and any other goods that may be notified by the central government. Proceeds from the cess will further be used for expenditure towards public health and national security. In a discussion earlier, she added, "A cess is being imposed because the GST system ...Read More >
Mumbai, Dec 5 (PTI) Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) on Friday cut key benchmark interest rate for the first time in six months and vowed to provide Rs 1 lakh crore liquidity boost to banking sector to support a "goldilocks" economy in the face of high US tariffs. The six-member monetary policy committee, led by RBI Governor Sanjay Malhotra, voted unanimously to lower the repurchase or repo rate by 25 basis points to 5.25 per cent and retaine ...Read More >
New Delhi, Dec 5 (PTI) The Lok Sabha on Friday passed a bill to levy a cess on manufacturing units of pan masala, and utilise the fund for strengthening national security and improving public health. Replying to the debate on the Health Security se National Security Cess Bill, 2025, Finance Minister Nirmala Sitharaman said the cess will be shared with the states, as public health is a state subject. The bill was later passed by voice vote by the Lok Sabha. The bill seeks to augment the resour ...Read More >
The Lok Sabha faced multiple adjournments on the first day of the winter session due to persistent opposition sloganeering. Despite attempts to introduce crucial bills, proceedings lasted barely 50 minutes. Finance Minister Sitharaman tabled the Manipur GST Amendment Bill amidst calls for order and decorum within the house. The Lok Sabha's winter session commenced with turbulence as the opposition's endless sloganeering led to multiple adjournments on the first day. Proceedings lasted a mere 50 ...Read More >
Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025- ...Read More >
Mahindra & Mahindra on Monday said its total sales increased 19 per cent year-on-year to 92,670 units in November. In the passenger vehicle segment, the company sold 56,336 vehicles in the domestic market, a growth of 22 per cent over 46,222 units in the year-ago period, Mahindra & Mahindra (M&M) said in a statement. The domestic sales for commercial vehicles stood at 24,843, a growth of 17 per cent year-on-year, it added. Mahindra & Mahindra's Farm Equipment Business reported sales of 42,273 t ...Read More >
New Delhi [India], December 1 (ANI): As the first day of the Winter Session of Parliament on Monday witnessed repeated disruptions, BJP MP Kangana Ranaut criticised the Opposition, accusing them of deliberate obstruction and growing desperation following consecutive electoral setbacks. Speaking to reporters outside Parliament, Ranaut said, "The more they (the Opposition) lose, the more frustrated they become. The Congress and the rest of the parties have reached a point of desperation," she sai ...Read More >
New Delhi: With the goods and services tax (GST) rate cut in the next-gen tax reforms, the indirect tax collections impacted to some extent as the GST collection in November recorded meagre growth of 0.7 per cent to reach over Rs 1.7 lakh crore, marking the lowest monthly mop-up since February 2024. The GST collection is related to the goods consumed and services availed in October. The GST rate cut came into effect from September 22, the first day of Navratri. As per the finance ministry's dat ...Read More >
New Delhi [India], November 14 (ANI): Tata Motors Passenger Vehicles Limited reported its consolidated Q2 FY26 results. This is the first earnings announcement as an independent entity for TMPV following the Tata Motors demerger. According to an exchange filing by Tata Motors, the company's consolidated revenues stood at Rs 72.3K crore, down 13.5 per cent, while EBIT was at a loss of Rs 4.9K crore. The quarter also reported a PBT (bei) loss of Rs 5.5K crore. The company recorded a net profit o ...Read More >
Mumbai, Nov 14 (SocialNews.XYZ) Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year ...Read More >
Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,34 ...Read More >
New Delhi: The Indian auto industry has clocked its highest-ever wholesales for any October, with all major segments, passenger vehicles, two-wheelers, and three-wheelers registering record despatches. This sharp uptick was driven by festive demand during Navratri and Diwali, along with the impact of reduced Goods and Services Tax (GST) rates that kicked in late September. As per the latest data from the Society of Indian Automobile Manufacturers (SIAM), strong dealer push across urban and rura ...Read More >
He also linked the abrogation of Article 370 to the PDP-BJP alliance in Jammu and Kashmir. Srinagar: Jammu and Kashmir Chief Minister Omar Abdullah hit the campaign trail in Budgam today, the Assembly seat he had vacated last year. The by-election is seen as the first test of Abdullah's popularity amid Opposition allegations of poor governance during his last year in office. As in the previous Assembly elections, the National Conference (NC) leader is once again using his anti-BJP stance to s ...Read More >
Agartala, Nov 11 (SocialNews.XYZ) In a major push to boost power generation amid a natural gas shortage, the Tripura government will introduce Combined Cycle Gas Turbine (CCGT) technology at the Rukhia Power Plant in Sepahijala district, increasing its generation capacity by 120 megawatt (MW). Power Minister Ratan Lal Nath said on Monday that the foundation stone and Bhumi Pujan for the project will be held on November 26. Nath, who also holds the Agriculture portfolio, said that despite the o ...Read More >
New Delhi, Sep 13 (IANS) With August inflation print a tad higher than the 2 per cent mark, a rate cut in October is unlikely, according to a report by SBI Research, adding that even a rate cut in December looks a little difficult if growth numbers for Q1 and estimated Q2 data are taken into consideration. As the Goods and Service Tax (GST) rate on around 295 essential items has been reduced from 12 per cent to 5 per cent or NIL, the consumer price index (CPI) inflation in this category may com ...Read More >
The GST 2.0 impetus coupled with the festive sentiment gave a fillip to automotive retail in October to record highs, though dealers now expect momentum to moderate as the post-festive phase sets in. October 2025 will go down as the month that redefined records for India's automobile retail industry. The Federation of Automobile Dealers Associations (FADA) on Friday reported that total vehicle registrations surged a whopping 40.5 per cent year on year to 40.24 lakh units, marking the highest-ev ...Read More >
New Delhi, Nov 6 (PTI) GlaxoSmithKline Pharmaceuticals on Thursday posted a 2 per cent year-on-year increase in its net profit to Rs 255 crore in the second quarter ended September 30, 2025. The drug firm reported a net profit of Rs 249 crore during the July-September quarter of the last fiscal. Revenue from operations, however, declined to Rs 974 crore in the September quarter as against Rs 1,000 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a regulatory filing. Topli ...Read More >
New Delhi [India], November 4 (ANI): The Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, actively engaged in the Special Campaign 5.0 from 2nd-31st October, 2025, with special focus on cleanliness, record management and disposal of e-Waste generated as per E-Waste Management Rules, 2022 of MoEFCC. According to an official statement from the Ministry of Finance, the concerted efforts of CBIC formations resulted in the achievement of several key mil ...Read More >
Mumbai, Nov 4 (PTI) The rupee recovered from the record low level and settled with a gain of 11 paise at 88.66 (provisional) against the US dollar on Tuesday boosted by falling crude oil prices overseas. Forex traders said a firm dollar, outflow of foreign funds and subdued domestic equity markets prevented a sharp gain in the Indian currency. At the interbank foreign exchange, the rupee opened at 88.55 and hit the intra-day high of 88.28 against the greenback. The unit also touched a low of 8 ...Read More >
Mumbai/Pune : Bajaj Finance Ltd., India's largest private sector non-bank lender and part of Bajaj Finserv, today said it had seen a surge in consumption finance during the festive season, disbursing a record number of consumer loans, higher by 27% in volume and 29% in value as compared to the same period last year. The rise in consumption credit, represented by loans for consumer goods, reflects the positive outcome of the government's next generation GST reforms and changes in personal income ...Read More >
The Chief Minister said he would continue to raise the issue of statehood. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Jammu and Kashmir Lt Governor Sinha accused Omar Abdullah of misleading people on statehood * The Lt Governor stated that the elected government has all powers and should work for public welfare now * Omar Abdullah criticised the Lt Governor over the Pahalgam terror attack and security responsibility Did our AI summary help? Let us know. Switch To Beeps M ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. Also Re ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. The com ...Read More >
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