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Trade Facilitation in Focus: GST Amendments Proposed in Budget 2025-26

Trade Facilitation in Focus: GST Amendments Proposed in Budget 2025-26

7 February 2025

The Union Budget 2025-26, presented by the Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman, outlines several key amendments to the Goods and Services Tax (GST) laws. These changes aim to streamline trade processes, enhance compliance, and introduce new provisions related to taxation and penalties. Here is an overview of the major proposals. …

Union Budget 2025: ₹14,925.81 Crore Boost for Tribal Development to Drive Viksit Bharat

Union Budget 2025: ₹14,925.81 Crore Boost for Tribal Development to Drive Viksit Bharat

7 February 2025

India, home to over 10.45 crore Scheduled Tribe (ST) individuals—comprising 8.6% of the total population—boasts a rich and diverse tribal heritage. Despite their significant presence, many tribal communities remain in remote and inaccessible regions, facing socio-economic challenges. Recognising this, the government has consistently prioritised their development. Under the leadership of Prime Minister Shri Narendra Modi, …

Union Budget 2025: What Tourism Sector Received?

Union Budget 2025: What Tourism Sector Received?

7 February 2025

India’s tourism sector, with its rich heritage, culture, and diversity, is emerging as a global favorite. The sector plays a crucial role in driving economic growth, and the government has recognized its potential for generating employment and development. India achieved a rank of 14th worldwide in global tourism receipts, receiving 1.8% of world tourism receipts …

RBI Monetary Policy Rate Decision: Governer Sanjay Malhotra Slashed Repo Rate by 0.25%

RBI Monetary Policy Rate Decision: Governer Sanjay Malhotra Slashed Repo Rate by 0.25%

7 February 2025

On February 7, 2025, Reserve Bank of India Governor Sanjay Malhotra announced a 25 basis point rate cut in his inaugural policy meeting as head of the central bank. This marks the first rate reduction after 12 consecutive policy reviews by the Monetary Policy Committee. The repo rate has been lowered from 6.5% to 6.25%. …

RBI Monetary Policy Meeting February 2025 Live: Led by Newly-appointed RBI Governor Sanjay Malhotra

RBI Monetary Policy Meeting February 2025 Live: Led by Newly-appointed RBI Governor Sanjay Malhotra

6 February 2025

January 23, 2025 09:25 AM Stock Market Live: Welcome to Today’s Coverage by Angel One Welcome to Angel One’s live coverage of recent developments in the stock market and the economy. Get insights on the latest events right here.   January 23, 2025 09:31 AM Share Market Live: Market Recap On January 22, Sensex gained …

RBI Keeps Repo Rate Unchanged at 6.5%: How It Affects Your Loan EMIs

RBI Keeps Repo Rate Unchanged at 6.5%: How It Affects Your Loan EMIs

6 December 2024

On December 6, 2024, the Reserve Bank of India (RBI) announced its 5th bi-monthly monetary policy review for FY25. The 6-member Monetary Policy Committee (MPC), led by RBI Governor Shaktikanta Das, has decided to keep the benchmark repo rate unchanged at 6.5% for the eleventh consecutive meeting. In addition to this, the MPC has opted …

India Surpasses China as World’s Largest Gold Consumer in 2024

India Surpasses China as World’s Largest Gold Consumer in 2024

6 February 2025

In 2024, India’s jewellery consumption reached 563.4 tons, surpassing China’s 511.4 tons, solidifying India’s position as the world’s largest gold consumer in this sector. India’s total gold demand rose by 5% year-on-year, reaching 802.8 tons in 2024, up from 761 tons in 2023. This increase was driven by higher jewellery consumption and a significant rise …

Strengthening Bilateral Ties: Key Takeaways from the 3rd India-Japan Steel Dialogue

Strengthening Bilateral Ties: Key Takeaways from the 3rd India-Japan Steel Dialogue

6 February 2025

The 3rd India-Japan Steel Dialogue took place on February 4, 2025, at Vigyan Bhavan, New Delhi. The event was jointly organised by India’s Ministry of Steel and Japan’s Ministry of Economy, Trade and Industry (METI). Co-chaired by Mr. Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel, India, and Mr. Hideyuki Urata, Deputy Director General, METI, …

Union Budget 2025-26: A Boost for India’s Fisheries Sector

Union Budget 2025-26: A Boost for India’s Fisheries Sector

6 February 2025

The Union Budget 2025-26 has prioritised the sustainable growth of India’s fisheries sector by increasing financial support and introducing policy measures to enhance marine resource utilisation.  The government aims to boost deep-sea fishing, promote modern aquaculture techniques, and strengthen India’s position as a global leader in seafood exports. With a budgetary allocation of ₹2,703.67 crore—an …

Union Budget 2025 Focuses on Mining as a Key Area for Growth

Union Budget 2025 Focuses on Mining as a Key Area for Growth

6 February 2025

In the Union Budget 2025, presented by the Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman, the mining sector was identified as one of the key areas for transformative reforms. This is part of a broader strategy aimed at enhancing India’s growth potential and global competitiveness over the next five years. Alongside mining, …

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