business

Govt resists GST cut plea on air purifiers, questions petition’s intent

Union government stresses procedural rigor, says medical device classification lies with Health Ministry — not GST Council.

Corporate funding triples after electoral bonds scrapped, BJP corners ₹3,112 crore

RBI unveils emergency lifeline for exporters hit by 50% US tariffs

ED arrests Jaypee Infratech MD Manoj Gaur in ₹12,000-crore homebuyer funds laundering scandal

ED summons Anil Ambani again as loan fraud probe intensifies

The Reliance Group chairman has been called for a second round of questioning on November 14 as investigators track alleged multi-crore fund diversion, evergreening of loans and mounting unpaid dues.

GST cuts spark festive boom: Bank credit doubles as India’s spending spree powers post-monsoon surge

Lower taxes, soaring consumer confidence, and festival offers drive record growth in retail loans and demand for vehicles, homes, and white goods.

Ford returns to Chennai with ₹3,250 crore powertrain revival but not its cars

Four years after its India exit, the American automaker is back to build next-gen engines for global markets, signalling a strategic reboot without re-entering the domestic car race.

Lokpal BMW purchase sparks outrage over luxury choice

The anti-corruption body’s plan to buy seven BMW sedans has triggered backlash, with calls to cancel the tender and opt for Made-in-India electric vehicles.

GST 2.0 fuels consumption boom, set to lift India’s growth

Finance Minister Nirmala Sitharaman says benefits of GST rate cuts are “fully passed on,” driving record sales in electronics and daily-use goods; officials predict consumption-led GDP boost in FY26.