||

Connecting Communities, One Page at a Time.

business

EU trade and agriculture commissioners to be in Delhi this week for India–EU FTA talks

European Commissioners Maroš Šefcović (Trade) and Christophe Hansen (Agriculture) will lead a 30-member delegation to negotiate key issues such as rules of origin, market access, and non-tariff barriers with India, aiming to finalize a free trade agreement by year-end.

GST

GST 2.0 ushers in sweeping tax cuts and simpler two-slab regime from September 22

Council scraps 12% and 28% slabs, exempts life and health insurance, and slashes rates on household goods to ease burden on families and businesses.

Philippines’ move clears path for India’s Basmati rice exports

The Philippines has removed restrictions on Basmati rice imports from India, aiming to strengthen bilateral trade, enhance food security, and boost agricultural exports, including rice, fruits, vegetables, and other key Indian products.

Dream11 CEO says 95% of revenues wiped out by new online gaming law

With the enactment of the Promotion and Regulation of Online Gaming Bill, 2025, Dream11's core revenue stream has been significantly affected.

India–Russia trade surges fivefold to $68 billion, but deficit balloons to $59 billion, says Jaishankar

Amid US tariffs on Indian goods tied to its Russian oil imports, External Affairs Minister Jaishankar urges broader market access for Indian exports as bilateral trade soars.

 18% Goods and Services Tax

GST cut on health, term insurance on the cards

Government mulls scrapping 18% levy or reducing it to 5%; move could slash premiums, boost coverage and widen insurance reach.

former Reserve Bank of India (RBI) governor

Trump tariffs could shave 50 bps off India’s growth, worsen jobless recovery, says former RBI governor

Duvvuri Subbarao warns of export shock, rising borrowing costs, and reputational risks from US rhetoric.