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Kurnool: The directions from the Centre to implement the new GST rules and keep display boards in every shop with revised and old prices have fallen on deaf ears. Traders in the Kurnool and Nandyal districts are openly flouting the rules and not effecting the promised price reductions for most items. In many shops, there are no boards and traders continue to sell goods at old prices, claiming that they are "clearing the old stock" purchased under the previous tax rates. There is no visible rel ...Read More >
New Delhi, Sep 29 (PTI) The initial share sale of biofuels producer TruAlt Bioenergy Ltd garnered 71.92 times subscription on the last day of offering on Monday. The company's Rs 839.28 crore IPO received bids for 88,85,66,820 shares against 1,23,55,424 shares on offer, according to details available with the NSE. The quota for Qualified Institutional Buyers (QIBs) attracted 159.22 times subscription. The category for non-institutional investors garnered 98.56 times subscription and Retail Ind ...Read More >
Ahmedabad (Gujarat) [India], September 29: As India observes World Heart Day, the conversation around cardiovascular health has once again turned to prevention, timely treatment, and most importantly, access to affordable medicines for everyone. Heart disease remains the leading cause of death in India at 28.1%, with more than half a billion people affected by a heart ailment. While treatment protocols have advanced, the cost of long-term medication continues to be a burden for many families. Mo ...Read More >
New Delhi, Sep 29 (PTI) The initial public offering (IPO) of logistics service provider Glottis Ltd got subscribed 42 per cent on the first day of bidding on Monday. The three-day IPO received bids for 84,69,402 shares against 2,01,23,929 shares on offer, according to NSE data. Qualified Institutional Buyers' (QIBs) portion attracted 1.79 times subscription while the quota for Retail Individual Investors (RIIs) received 22 per cent subscription. The category for non-institutional investors got ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) India's office market has emerged as the undisputed growth engine of the Asia Pacific region, accounting for 44 per cent of net new supply and a commanding 61 per cent of total net absorption in the April-June period this year (Q2 2025) -- far ahead of regional peers, including the Chinese mainland and Southeast Asia, a report said on Monday. The Indian market has consistently led in both net new supply and net absorption over the past decade. "In Q2 2020, In ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
Kolkata: The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, experts said. Indirect Tax Expert at LexVed Vedika Agrawal said the GST circular 251 makes it clear that financial or commercial credit notes - those issued without GST - do not require distributors to reverse their input tax credit (ITC). Input tax credit is the tax a business unit pays on i ...Read More >
Anand Rathi Share and Stock Brokers' ₹745 crore IPO allotment will be finalized on Friday, with shares listing on NSE and BSE on September 30. The allotment for Anand Rathi Share and Stock Brokers' Rs 745 crore IPO will be finalised on Friday. Investors who applied for shares can check their allotment status online once it is uploaded on the registrar's portal, MUFG Intime India. The equity shares are scheduled to be listed on the BSE and NSE on September 30. Applicants can check whether they ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Reports have disclosed that 16 wallets picked up 431,018 Ether between September 25 and 27, spending about $1.73 billion to do so. The buys came through names like Kraken, Galaxy Digital, BitGo, FalconX and OKX. That scale of accumulation pushed attention back to who is buying the dip, and why larger players seem willing to add exposure while prices wobble. According to Glassnod ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised ...Read More >
New Delhi: Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, PayNearby will file its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi, he added. The com ...Read More >
New Delhi [India], May 18 : New Delhi [India], May 18 : The key indices of the domestic equity ... New Delhi [India], May 18 : New Delhi [India], May 18 : The key indices of the domestic equity market ended in the negative territory, extending the loss for the third consecutive day, amid fresh selling. Some profit bookings were seen after the recent bull run. Sensex and Nifty lost around 0.2-0.3 per cent each. "Positive developments in debt-ceiling negotiations in the US had a favourable impa ...Read More >
New Delhi: The initial public offer of telecom infrastructure solutions provider Pace Digitek Ltd got subscribed 16% on the first day of share sale on Friday. The IPO received bids for 44,66,240 shares against 2,76,06,555 shares on offer, as per NSE data. The quota for Retail Individual Investors (RIIs) received 18% subscription, while the portion for Qualified Institutional Buyers (QIBs) got subscribed 17%. Non-Institutional Investors category received 9% subscription. Pace Digitek Ltd on Th ...Read More >
Epack Prefab Technologies' Rs 504-crore initial public offer (IPO) witnessed a lukewarm start on Wednesday, the first day of bidding, as the issue was subscribed 7% in the first couple of hours of the issue opening. Investors bid for 11.5 lakh shares against 1.76 crore shares on offer, data from NSE showed. The IPO is priced between Rs 194 and Rs 204 per share and includes a fresh issue worth Rs 300 crore along with an offer for sale of Rs 204 crore. As of 12 noon, the IPO was subscribed 7%, a ...Read More >
Shimla (Himachal Pradesh) [India], September 26 (ANI): The Pharmaceutical companies and chemists in Shimla have begun implementing the revised GST night tariff on medicines, bringing much-needed relief to patients and the poor. Managers and pharmacy owners in the capital confirmed that the new reforms, effective as of September 22, have already reduced the prices of many essential and life-saving medications. Mahesh Bisht, Manager at a pharmaceutical company, explained the changes, "From Septem ...Read More >
Uttar Pradesh Chief Minister Yogi Adityanath expressed gratitude to Prime Minister Narendra Modi for implementing Goods and Services Tax (GST) reforms, which he said have revitalised markets and boosted the ODOP sector. He made these remarks at the UP International Trade Show 2025 in Greater Noida. Uttar Pradesh Chief Minister Yogi Adityanath on Thursday thanked Prime Minister Narendra Modi for the implementation of the Goods and Services Tax (GST) reforms in the country. Speaking at the Uttar ...Read More >
BMW Ventures IPO opened for subscription with just 5% bids on Day 1, showing a muted start. The Rs 231.66 crore issue has no grey market premium yet, indicating weak sentiment. Retail saw 7% subscription, while NIIs and QIBs stayed away. The Rs 231.66 crore IPO of BMW Ventures Ltd opened for subscription on Wednesday, but initial investor interest appears muted for the issue. As of 12:10 PM on Day 1, the IPO was subscribed only 5% against the total offer of 2.34 crore shares, based on data from ...Read More >
In August 2025, wholesale volumes grew 7.2 per cent YoY to 1.8 million units, with original equipment manufacturers maintaining strong dispatches ahead of the festive season. India's two-wheeler industry is expected to record a 6-9 per cent year-on-year (YoY) growth in wholesale volumes in FY26, supported by steady replacement demand, a recovery in rural incomes and festive-season momentum, according to ratings agency ICRA. A recent reduction in GST rates is also expected to improve affordabilit ...Read More >
The Centre is closely monitoring e-commerce platforms to ensure that the recent GST rate cuts on FMCG items are being passed on to consumers. Field formations are tracking price changes, with a first report due by September 30. The government is closely monitoring whether the recent Goods and Services Tax (GST) reduction on fast-moving consumer goods (FMCG) is being reflected in lower prices on e-commerce platforms, sources told PTI on Tuesday. This comes after reports emerged that some online ...Read More >
New Delhi [India], September 23: Motorola, a global leader in mobile technology and India's leading AI smartphone brand, recently launched its all-new moto pad 60 NEO, further expanding its ecosystem portfolio in India. The moto pad 60 NEO went on sale during the Flipkart Big Billion Days 2025 and is now available on Flipkart, Motorola.in, and leading retail stores at an effective starting price of just INR 12,999*. The moto pad 60 NEO redefines its segment with the only 11" 2.5K 90Hz display, b ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) In a major relief for the pharma sector, the government has dismissed the mandatory rule for drug manufacturers to recall, or re-label medicines already released in the market before September 22, the Department of Pharmaceuticals said. This follows the latest revision in Goods and Services Tax (GST) rates early this month by the GST Council, which reduced the GST on medical devices to 5 per cent from 12 per cent. The National Pharmaceutical Pricing Authority ...Read More >
New Delhi: The Finance Ministry on Tuesday issued a list of frequently asked questions (FAQs) to provide a more detailed explanation on the tax rate cuts that have been announced as part of the GST 2.0 reforms. Q1. Is it required to recall and re-label MRP on medicines already in the supply chain before 22nd September, 2025? How will the re-labelling be implemented? Answer: The National Pharmaceutical Pricing Authority (NPPA) vide OMs dated 12.9.2025 and13.9.2025 have clarified the following: ...Read More >
New Delhi [India], September 16 (ANI): Consumers will get the benefits of reduced GST on medicines that have been manufactured and on chemist shelves before the new rates are implemented from September 22. The sweeping GST reforms unveiled on September 3, among other measures by the central government, have provided a substantial relief on health care, with taxes being either fully exempted or brought down to the lowest slab. Since then, there has been a widespread query about what will happen ...Read More >
NEW DELHI, Sept 15 (Reuters) - Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases, outweighing modest gains in investment demand. Weaker demand in the world's second-largest gold consumer could limit a rally in global prices , which hit a record high last week. But sluggish demand for gold imports could limit India's trade deficit and support the rupee. Local gold prices , which scaled a record peak of ...Read More >
NEW DELHI -- Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases, outweighing modest gains in investment demand. Weaker demand in the world's second-largest gold consumer could limit a rally in global prices, which hit a record high last week. But sluggish demand for gold imports could limit India's trade deficit and support the rupee. Local gold prices, which scaled a record peak of 109,840 rupees per 1 ...Read More >
New Delhi, Sep 15 Food and Beverage (F&B) industry's share in overall retail leasing grew from 16 per cent in 2023 to 22 per cent in 2025 across the top seven cities in India, a report said on Monday. New Delhi, Sep 15 (IANS) Food and Beverage (F&B) industry's share in overall retail leasing grew from 16 per cent in 2023 to 22 per cent in 2025 across the top seven cities in India, a report said on Monday. The sector has emerged as the cornerstone of the country's retail real estate growth, wit ...Read More >
India's Food and Beverage (F&B) sector has become a key driver of retail real estate growth, recording about 4 million sq ft of leasing across seven major cities since the last two years. Bengaluru led the trend, accounting for nearly one-third of this activity. In response to strong demand, developers plan to allocate up to 25% of space in upcoming destination malls to F&B. By 2028, around 6 million sq ft of F&B space is expected to come up across the top seven cities, a report by JLL India has ...Read More >
New Delhi, Sep 15: Silver prices rose by Rs 300 to hit an all-time high of Rs 1,32,300 per kg while gold prices retreated from record levels, dropping by Rs 500, in the national capital on Monday amid firm global trends. Gold Retreats From Record Highs According to the All India Sarafa Association, standard gold of 99.9 per cent purity fell by Rs 500 to Rs 1,13,300 per 10 grams (inclusive of all taxes) on Monday, snapping its four-day winning streak. On Friday, it had rallied by Rs 700 to a re ...Read More >
New Delhi, Sep 15 (PTI) Silver prices rose by Rs 300 to hit an all-time high of Rs 1,32,300 per kg while gold prices retreated from record levels, dropping by Rs 500, in the national capital on Monday amid firm global trends. According to the All India Sarafa Association, standard gold of 99.9 per cent purity fell by Rs 500 to Rs 1,13,300 per 10 grams (inclusive of all taxes) on Monday, snapping its four-day winning streak. On Friday, it had rallied by Rs 700 to a record of Rs 1,13,800 per 10 g ...Read More >
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