Category: Economic News
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Top 5 Best-Selling Bikes in India After GST 2.0 and Festive Offers – 2025 Edition
The Indian two-wheeler market has witnessed significant shifts in June 2025, with the implementation of GST 2.0 and the onset of festive season offers. These changes have made motorcycles more affordable, leading to increased sales across various segments. In this article, we delve into the top 5 best-selling bikes in India during June 2025, highlighting…
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UK Announces ₹4,154 Crore Defence Deal with India: A Major Boost to Military Modernization and Indo-UK Strategic Ties
In a significant development for India’s defense sector, the United Kingdom has announced a new defence deal with India valued at approximately ₹4,154 crore (around £350 million). This historic agreement, formalized during British Prime Minister Keir Starmer’s official visit to Mumbai, aims to strengthen the strategic and military partnership between the two nations while advancing…
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Trump Tariffs 2025 and Their Impact on U.S. Tourism: Economic Consequences, Regional Effects, and Expert Analysis
The reintroduction of Trump-era tariffs has had ramifications that extend far beyond trade balances and domestic manufacturing. While the primary objective was to protect American industries and reduce the trade deficit, one sector that has faced significant unintended consequences is U.S. tourism. Economists, including Devina Mehra, have highlighted that these tariffs, combined with political rhetoric…
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Festive Demand and GST Cuts Drive Navratri Car Sales Up by 35% | India’s Auto Sector Sees Strong Revival
India’s automotive market witnessed a remarkable surge in sales during the Navratri 2025 period, driven by the dual impact of festive enthusiasm and recent GST reductions. According to industry data, passenger vehicle sales during Navratri jumped nearly 35% year-on-year, while overall automobile retail sales across categories rose by 6% compared to the same period last…
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8th Pay Commission 18-Month Arrears & Best-Case Rollout Scenario: Could Salaries Rise from July 2027? Full Guide, Timelines, Fitment Factors and What Employees Must Know
The arrival of the 8th Central Pay Commission (8th CPC) is the single most consequential pay-policy event for millions of central government employees and pensioners in recent years. Debate in media and among unions has concentrated on two hot topics: (1) whether the government will release 18 months of frozen DA/DR arrears that employees demand,…
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ITR Refund Delay 2025: Why Refunds Are Stuck, How to Check Status and Helpline Number Explained
Filing Income Tax Returns (ITR) on time is one of the most important financial responsibilities for taxpayers in India. However, one of the most common concerns among individuals after filing is the delay in receiving the income tax refund. In 2025, thousands of taxpayers are facing delays due to a reported backlog in processing refunds.…
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Why P&G Is Exiting Pakistan in 2025: Causes, Impacts, and What It Means for Global Business
In a dramatic move, Procter & Gamble (P&G) has decided to wind down its manufacturing and commercial operations in Pakistan, effectively exiting direct presence in one of its longtime markets. This exit marks a significant moment in Pakistan’s economic landscape, reflecting deeper structural issues as well as strategic shifts by multinational corporations. This article explores:…
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GST 2.0 in India: How Tax Rate Reductions Boosted State Revenues and Consumer Spending
The introduction of GST 2.0 in India marked a significant shift in the country’s indirect tax landscape. With reduced GST rates aimed at boosting consumer spending, this policy change has had varying impacts across different states. While the central government experienced some financial loss due to lower tax collections, several states saw a notable increase…
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U.S. Government Shutdown 2025: Why It Happened, Who’s to Blame, and What It Means for Americans
When the U.S. federal government shutters its doors, the impact is not just political theatre in Washington — it has very real consequences for millions of citizens, workers, and the economy. The ongoing government shutdown of 2025 has thrown the world’s largest democracy into another round of uncertainty, sparking fierce debates, finger-pointing, and widespread frustration.…