Economy News Website | Economic News Today

Oracle Faces Losses in Share Market After Firing Over 3,000 Employees Globally Amid Restructuring

Oracle Corporation has initiated a significant global workforce reduction, laying off over 3,000 employees across various countries and departments. The layoffs began in August 2025 and have since impacted workers in the United States, India, the Philippines, Canada, and several European nations. This move is part of a...

GST 2.0: New Tax Slabs and Their Impact on Consumers

India has implemented the new GST 2.0, introducing revised tax slabs aimed at streamlining the taxation system. The new structure consolidates the previous multiple tax brackets into four: 0%, 5%, 18%, and 40%. This overhaul is expected to simplify the tax process and make compliance more straightforward for businesses...

Weight Loss Expert Reacts to 40% GST on Energy and Soft Drinks

The Indian government recently announced the imposition of 40% Goods and Services Tax (GST) on energy drinks and soft drinks, which gave rise to debate in both the public and professional classes. While the move aims to reduce the consumption of sugarcane drinks, health and nutritionists are offering a balanced approac...

How GST Cuts Will Reach You by September 22

A good news has come for buyers only a few weeks before the festival season: GST rate cuts will start appearing in retail prices from September 22. Around 400 items and services are under its purview and the manufacturer and retailers are already deciding their prices system so that the benefits can reach the consumers...

GST Slashes Tax on Electronics: ACs, TVs, Dishwashers Now 18% Instead of 28%

In a landmark move aimed at rebooting demand during the festive season, the GST Council approved sweeping reforms to simplify tax slabs and lower costs on household electronics. From September 22, 2025, major appliance categories like air conditioners, televisions, dishwashers, refrigerators, and Washing machines will ...

Impact of GST Changes on Gold Prices, City-wise Rates on September 4, 2025

Gold Price: Gold prices continue to rise. On Wednesday, 24-carat gold was priced at ₹1,06,980 per 10 grams, 22-carat at ₹98,060, and 18-carat at ₹80,240. Gold Price Today: After the crucial GST Council meeting, a major decision has been taken. With the changes in the tax structure, many daily essentials will now...

Small Cars and Motorbikes Get Cheaper, Luxury Vehicles Also See Tax Relief

The government has rolled out a major relief for consumers by cutting down GST rates on vehicles. From September 22, 2025, small cars, motorbikes, and three-wheelers will become more affordable. This reform is expected to directly benefit the common man while giving a fresh push to the automobile sector. For small car...

GST Rate Cuts Announced by FM Sitharaman: 5% and 18% to Be Two Main Slabs; New Rates Effective September 22

Finance Minister Nirmala Sitharaman has introduced a welcome change in India's GST structure. He has announced a simplified two-level structure of 5% and 18%, which will be effective from 22 September 2025. This step is not only the purpose of simplifying tax compliance for businesses, but also towards lightening the d...

GST Council Approves Two-Slab Structure: What Gets Cheaper, What Gets Costlier

In a major move toward tax simplification, the GST Council has approved a sweeping overhaul of India’s indirect tax structure. Gone are the days of four confusing slabs. Now, from September 22, 2025, most goods will fall under either 5 % or 18 %, while a special 40 % slab will be levied on luxury and sin goods li...

GST Slabs: Defining Luxury vs Mass for Cars & Bikes

Imagine walking into a showroom for a new motorcycle or car and not knowing upfront how much GST you'll pay. That’s the confusion India is tackling now. The GST Council is overhauling the tax structure: moving from four slabs (5%, 12%, 18%, 28%) to much simpler two main ones 5% and 18% with a steep 40% for luxur...

Sensex Falls During GST Council Meeting, Nifty Slips Below 24,600 Points

Stock Market Today: On Wednesday, amid the two-day GST Council meeting that began on September 3, the stock market opened on a positive note but soon lost momentum. The Sensex fell by 100 points, and the Nifty slipped below 24,600. After recovering from a three-day losing streak on Monday, the market is once again unde...

Next-Gen GST Reforms: Making India’s Economy Transparent and Business-Friendly

India’s indirect tax landscape is on the brink of a transformation. Finance Minister Nirmala Sitharaman has unveiled sweeping “next-generation” GST reforms, aiming to reshape the economy into a transparent, business-friendly environment. The proposed plan is elegantly simple reduce the clutter of tax...

Gold Prices on September 1, 2025: Check Rates in Delhi, Mumbai, Chennai and More

Impact of Global Tensions! Find Out Whether Gold Became Cheaper or Costlier on September 1, 2025, and Today’s Rates in Your City Gold and Silver Prices: Today in Delhi, gold rates are – 24-carat at ₹1,06,030 per 10 grams, 22-carat at ₹97,200, and 18-carat at ₹79,530 per 10 grams. Gold Price Today: O...

Sensex Rises 368 Points, Nifty Crosses 24,500 Despite Tariff Concerns

Despite tariff tensions, Sensex rises 250 points, Nifty crosses 24,500; several stocks gain Stock Market News: On the first trading day of the week, BSE Sensex climbed 368.48 points to reach 80,178.13. Meanwhile, NSE Nifty was up 112.65 points around 9:30 am, touching 24,539.50. Stock Market Today: U.S. t...

Indian Rupee Slumps Past ₹88 Mark, Economy Worries Rise

In an abrupt and unsettling financial turn on August 29, 2025, the Indian rupee took a sharp dive—tumbling past the ₹88-per-dollar threshold for the first time. It recorded an intra-day low of ₹88.31, before recovering slightly to close at ₹88.20 a staggering loss of 57 paise in just one session. This inte...

Trump Tariff Tensions Fail to Halt Market Rise: Sensex Up 130 Points, Nifty Near 24,550

Stock Market Today: Despite tariff tensions triggered by Trump, the market opened on a positive note today, bringing some relief after two consecutive days of decline. On the final trading day of the week, the BSE Sensex gained 130 points, while the NSE Nifty touched the 24,550 mark. Sectoral Trends: In recent sessio...

Bullish Gold, Positive Silver Outlook: Investment Strategies Today

In the midst of global economic jitters, gold prices are showing a promising upward momentum this August 28. Market analysts point to continued investor demand driven by uncertainties from fluctuating currencies to geopolitical tensions as key fuel for this bullish trend. For those watching the MCX Gold market, ...

Bank Fraud Case – CBI Raids Anil Ambani-Linked Sites

On 23 August 2025, there was a stir in the commercial world when the Central Bureau of Investigation (CBI) raided the properties associated with Reliance Communications (RCom) and its promoter director Anil Ambani and lodged an FIR. Sources confirmed that this action is part of a large -scale alleged bank fraud investi...

Indian Equities Dip on Tariff Fears, Fed Rate Uncertainty

Indian equity markets took a sharp turn downward on August 22, with benchmark indices taking a step back after a promising six-day streak. Nifty50 slipped below 24,900, closing at 24,870.10 a drop of nearly 215 points (0.85%) and the BSE Sensex lost about 700 points, ending at 81,306.85. Meanwhile, Reuters reported tha...

Slap or Assault by a Policeman Without Reason is a Crime – Punishment Under BNS Section 111

No policeman has the right to slap or assault a citizen without cause. Such an act is not only misconduct but also a criminal offense. According to Section 111 of the BNS, this offense can lead to a maximum of one year in jail or a fine of up to ₹10,000. In the eyes of the law, both ordinary citizens and uniformed of...

Empowering youth for tomorrow of rich India

India’s future is being shaped by its youth vibrant, driven, and full of promise. The “Yuva Shakti se Samruddha Bharat” initiative is a bold national push to convert that energy into a powerful force for growth and opportunity. The centre of this attempt is Startup India Program, which has so far rec...

SEC summons to Adanis still pending service in India

The U.S. Securities and Exchange Commission (SEC) has not yet formally served summons on Indian billionaire Gautam Adani and his nephew, Sagar Adani. Despite initiating legal proceedings in November 2024 over alleged false statements in a bond offering by Adani Green Energy, the SEC is still awaiting successful deliver...

Brokers See Upside: Buy Titan, Accumulate Page, Overweight AU Small Finance

On August 11, 2025, market watchers received a fresh dose of clarity through a timely buy or sell signal from reputable brokerage houses. Jefferies advised a buy on Titan, praising its strong Q1 performance especially in jewellery and watches and noting margin expansion had exceeded expectations. That optimistic take o...

Bank Closed Tomorrow? Know Holiday Data

Bank closed tomorrow? That’s the pressing question on many minds as August 9 approaches. A little bank holiday data can help keep your financial planning stress-free. According to official notifications, this August 9 is not designated as a national bank holiday. That means banks across India are open for busine...

Stock Market News: On Thursday, President Trump announced to impose 25% additional tariffs on India's exports, but despite this the Indian stock market closed up.

Stock Market Today: After US President Donald Trump's tariff of up to 50% on India's exports, there has been an atmosphere of concern in the Indian stock market. The market opened with a decline on the last day of the week i.e. Friday. The Sensex broke 300 points and the Nifty fell to 24,550 levels. Bharti Airtel share...

How to Update Nominee in SBI Account Online: Easy and Secure Method

Many people living in India now prefer to do banking work from home. Especially in SBI (State Bank of India), you can easily add or update a nominee with the help of net banking or YONO app. Important as it ensures safe transfer of your account. How to Add or Update a Nominee through Online and Offline Modes 1. Throu...

Aditya Infotech IPO Allotment Status - How and Where to Check Online

If you’ve applied for the Aditya Infotech IPO, the moment of truth has arrived. Investors can now check their IPO allotment status online and see if they’ve secured shares in this much-anticipated tech offering. The allotment process was handled by Intime India, the official registrar, and details are also ...

Nalam Kaakum Stalin

In a much-awaited announcement, the government has officially confirmed the 20th instalment date of the PM farmer. Prime Minister Narendra Modi will send this amount 2 August 2025 directly to farmers' bank accounts, which will prove to be an important financial support for crores of farmers across the country. The...

Jet Fuel Prices Hiked by 3% While Commercial LPG Gets ₹33.50 Cut Amid Global Rate Fluctuations

On August 1, 2025, aviation turbine fuel (ATF) prices were raised by nearly 3%, while commercial LPG cylinder prices saw a reduction of ₹33.50, reflecting recent fluctuations in global energy benchmarks. According to state-run oil companies, the ATF price in Delhi, home to one of India’s busiest airports, was i...

Sundram Fasteners Q1 Net Profit Hits Record ₹138.35 Cr Amid Strong Domestic Demand

Sundram Fasteners Ltd posted its highest-ever standalone net profit of ₹138.35 crore for the first quarter of FY26, marking a 5% increase from ₹131.64 crore in the same period last year, despite facing challenges in the export market. The company reported an 8.78% rise in domestic sales, which grew to ₹930.91 cro...

Rupee Gains 12 Paise Amid RBI Intervention and Falling Crude; Markets React to U.S. Tariffs

On August 1, 2025, the Indian rupee appreciated by 12 paise to close at 87.53 (provisional) against the U.S. dollar, aided by falling crude oil prices and suspected RBI intervention. This gain came despite rising global trade tensions, following U.S. President Donald Trump’s announcement of a 25% tariff on Indian...

Infosys to Hire 20,000 Graduates in 2025, Bucks Industry Trend of Tech Layoffs

At a time when the tech industry is witnessing widespread layoffs and restructuring, Infosys has taken a contrarian stance by announcing plans to hire 20,000 fresh graduates in 2025. CEO Salil Parekh shared that the hiring initiative is tied to the company’s strategic focus on artificial intelligence (AI). Unlike...

Markets Crash as Investors Lose ₹5.5 Lakh Crore Following U.S. Tariff Shock

Investors saw a staggering loss of over ₹5 lakh crore within the first 15 minutes of market opening on Thursday, as Indian equities plunged sharply in response to newly announced U.S. tariffs. According to The Economic Times, the total market capitalisation of companies listed on the Bombay Stock Exchange (BSE) dropp...

Trump’s Tariffs on India — Impact on Trade, BRICS, and Global Strategy

U.S. President Donald Trump has imposed a 25% tariff on Indian imports, along with an added “penalty” targeting India’s defence and energy ties with Russia, as well as its involvement in the BRICS grouping. In a LIVE session at 2:15 p.m., leading experts will break down the implications of these new U...

Has gold become cheaper or costlier today? Know the rates of your city on 30 July 2025

Gold Price Today: U.S. President Donald Trump has issued another warning to Russia over the Ukraine war. Meanwhile, due to the weakening of the Indian rupee against the dollar and a decline in crude oil prices, the demand for gold has risen, making it shine once again. Investors are now focused on August 1, the deadli...

Search

Economics

Latest News

Topics

Trending now