August 22, 2025 in Indian Business News

GST rate cuts coming soon! Goods and Services Tax Council to meet for 2-day session starting Sept 3; two-slab structure in works

The current Goods and Services Tax framework consists of four tiers: 5, 12, 18 and 28 per cent. (AI image) GST rate cuts coming soon! The Goods and Services Tax (GST) Council will meet for a two-d ...

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August 21, 2025 in Indian Business News

China stablecoin shift: Beijing mulls yuan-backed tokens to push global adoption; plans major policy reversal

China is considering allowing the usage of yuan-backed stablecoins for the first time in a move aimed at boosting the global adoption of its currency, sources familiar with the matter told Reuters. If ...

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August 20, 2025 in Indian Business News

Rare earth trade shift: China’s exports jump 75% in July to 6-month high; shipments to US and Europe rebound as curbs ease

China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have returned ...

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August 18, 2025 in Indian Business News

IPL FY2025 earnings: Revenues dip across teams; RCB sees steepest slide while LSG slips into losses

Mumbai Indians, Royal Challengers Bengaluru (RCB), and Lucknow SuperGiants (LSG) reported revenue declines in FY25, according to the Economic Times.Reliance Industries-owned Indiawin Sports, which ope ...

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August 17, 2025 in Indian Business News

India’s semiconductor ecosystem taking shape; chemical companies ramp up ultra-pure production: Report

AI image Chemical companies in India are making significant progress in establishing a comprehensive ecosystem for semiconductor manufacturing, which aligns with the nation's ambition to become a ...

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