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Category: Economic News
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GST Revamp 2025: 40% Tax on Sin Goods and Luxury Items – All You Need to Know
The Goods and Services Tax (GST) system in India has just undergone a major transformation. With the GST 2.0 revamp, the government has simplified tax slabs and introduced a highest-ever 40% GST slab, applicable to “sin goods” and ultra-luxury items. This move aims to discourage the consumption of harmful products while ensuring continued revenue flow…
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GST Cuts on Cement, Steel, Tiles & Paints: Affordable Housing and Construction Costs Drop in India 2025
The government’s recent GST reform is being hailed as one of the most impactful tax changes for India’s real estate sector. By reducing GST rates on cement and other construction materials, the cost of building homes is set to decline significantly. This move comes at a crucial time when the country is focusing on affordable…
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Indian Companies Turn to Rural Growth as Shield Against Trump’s Tariffs
The U.S. decision to impose 50% tariffs on Indian goods has raised concerns for exporters and industries dependent on global markets. However, Indian companies are demonstrating resilience by pivoting their strategies inward—focusing on small towns and villages to drive growth. This rural-centric approach is not merely a temporary defense but a long-term strategy to tap…
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Trump Warns: U.S. May Have to Unwind Trade Deals and Face Severe Economic Fallout
U.S. President Donald Trump has issued a sharp warning that America could be forced to unwind key trade agreements if the Supreme Court strikes down tariffs imposed during his administration. According to Trump, such a decision would leave the nation “suffering greatly,” as trade deals with major partners—including the European Union, Japan, and South Korea—were…
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US Economy on Brink of Recession: Moody’s Chief Economist Warns Tariffs Hurting Growth
The U.S. economy is showing fresh signs of distress as Moody’s Chief Economist, Mark Zandi, warned that the country could be on the brink of a recession. Rising tariffs, restrictive immigration policies, and weakening consumer demand are putting immense pressure on growth. While the administration projects confidence, economists believe the warning lights are flashing red.…
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Vikram-32: India’s Leap in Space-Grade Microprocessor Technology
A Milestone Unveiled at Semicon India 2025 At the Semicon India 2025 summit, India proudly unveiled Vikram-32 (officially VIKRAM3201), marking a foundational step toward semiconductor self-reliance. It was presented to Prime Minister Narendra Modi by Electronics & IT Minister Ashwini Vaishnaw, symbolizing India’s commitment to domestic chip design and production Origins & Technical Lineage Engineered…
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India’s New Online Gaming Law 2025: Ban on Real-Money Apps, Penalties, and Impact
The Indian government has officially passed the Promotion and Regulation of Online Gaming Act, 2025, a landmark legislation that completely changes the online gaming industry in the country. The law aims to ban all real-money online games, while promoting safe e-sports, educational, and social gaming. This move has triggered shockwaves across the ₹20,000+ crore online…
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Japan’s $68 Billion Mega Investment in India: A Testament to Strong Bilateral Friendship
Japan has reaffirmed its unwavering commitment to India by doubling its investment target from $34 billion to $68 billion, showcasing the depth of trust and friendship between the two nations. This landmark announcement is more than just an economic move—it is a strategic signal of growing cooperation in trade, infrastructure, and technology. Key Highlights of…
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India’s Banking Sector Opens Up to Foreign Investors: What It Means for Finance & Economy
India’s banking industry has long been a fortress, heavily regulated and largely protected from foreign players. But recent policy signals suggest a gradual opening to foreign investors. This shift could transform India’s financial sector — if handled wisely. Why Is India Opening Up Its Banking Sector? Recent Developments & Real Examples Potential Impacts 1. On…
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RBI’s AI Framework for the Financial Sector: What It Means for India
Artificial Intelligence (AI) is no longer just a buzzword—it’s becoming the backbone of financial systems worldwide. Recognizing its importance, the Reserve Bank of India (RBI) recently released a proposal for a comprehensive AI framework (named FREEAI) that aims to reshape how banks, fintechs, and regulators use artificial intelligence in the financial sector. What is the…