Mahindra & Mahindra has announced price reductions of up to Rs 1.56 lakh across its passenger vehicle range, effective September 6, passing on the benefits of the revised GST structure cleared on September 3. The price cuts impact models like Bolero/Neo, XUV3XO, Thar, Scorpio, and XUV700, ensuring customers receive the full benefit of the GST […]
RBI announced premature redemption for Sovereign Gold Bond 2020-21 Series VI investors on September 6, 2025, at Rs 10,610 per unit. The redemption price is based on the average gold price from September 3-5, 2025. Investors will receive a 107.35% return, excluding the 2.5% annual interest, on bonds issued at Rs 5,117 per gram.
A high-level committee has proposed a simplified process for low-value investor claims to the IEPFA, potentially reducing timelines and enhancing transparency. The recommendations, once adopted, would apply to claims valued up to Rs 5 lakh in physical securities, Rs 15 lakh in demat securities, and dividends up to Rs 10,000. This initiative aims to deliver
Sweeping GST reforms are set to boost India’s cooperative and farm sectors by reducing costs and increasing demand, according to the Ministry of Cooperation. Dairy products, food processing items, and agricultural inputs will see significant tax cuts. These changes aim to benefit rural enterprises, FPOs, and women-led self-help groups, while promoting sustainable farming practices and
GST reforms to boost dairy and fertiliser sectors; lower household costs, aid farmers Read More »
Indians increasingly worry about retirement savings amid rising life expectancy and medical costs. Generating a Rs 1 lakh monthly income requires a corpus of Rs 1-2 crore, depending on risk appetite and investment choices. Strategies involving diversified equity funds, annuities, and systematic withdrawal plans can help achieve this goal while preserving capital and adjusting for
Gold prices in the national capital surged by Rs 900, reaching Rs 1,06,970 per 10 grams, driven by a weaker rupee, firm global trends, and anticipation of a US Federal Reserve rate cut. Silver prices remained steady, while global spot gold neared record highs amid expectations of lower US interest rates and safe-haven demand due
The Gem and Jewellery Export Promotion Council says that recent GST reforms have eased costs for the diamond and jewellery sector. The government’s move to exempt imports of natural cut and polished diamonds will ease working capital pressures. GST reduction on jewellery boxes will lower costs for retailers and exporters.
India’s food processing sector is poised for significant growth, projected to reach $535 billion by FY26, driven by rising consumption and government support. The organic food market is expected to surge, with a CAGR of 20.13% to $10.8 billion by 2033.
Niti Aayog envisions India achieving self-sufficiency in pulses by 2030 and doubling production by 2047, projecting a surplus through targeted interventions like crop clustering and high-quality seed distribution. The strategy emphasizes climate adaptation, data-led monitoring, and promoting pulse consumption to align with nutritional recommendations.
Tesla’s CEO, Elon Musk, could receive a payout potentially worth $1 trillion if the company achieves ambitious goals over the next decade, as outlined in a recent regulatory filing. These targets include reaching a $2 trillion market cap, delivering 20 million vehicles, and deploying one million robotaxis. This proposal comes amidst declining sales, increased competition,
