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Gross GST collections rise 14.8% to nearly ₹2 trillion in August

Gross GST collections rise 14.8% to nearly ₹2 trillion in August

India’s gross goods and services tax (GST) collections jumped 14.8 per cent year-on-year to nearly ₹2 trillion in August, data released by the Ministry of Finance on Tuesday showed. However, collections were lower sequentially than the ₹2.11 trillion recorded in July.

Growth in import-related GST collections continued to outpace domestic revenue during the month.

Expect everyone to act responsibly: SC refuses to ban CJP's march on Sep 5

Expect everyone to act responsibly: SC refuses to ban CJP's march on Sep 5

The Supreme Court on Monday refused to pass orders on a plea seeking prohibition on a protest march the Cockroach Janata Party has called on September 5, saying it expects everybody will act and behave in a peaceful and lawful manner.

A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana asked the petitioner to submit his petition to the High Powered Enquiry Committee.

Tamil Nadu CM Vijay announces hike in milk procurement price by ₹3 to ₹44

Tamil Nadu CM Vijay announces hike in milk procurement price by ₹3 to ₹44

Tamil Nadu Chief Minister C Joseph Vijay on Monday announced major policy decisions regarding a further hike in Aavin milk procurement price for dairy farmers, and also unveiled a multi-crore infrastructure push spanning power, semiconductors, and logistics.

Announcing further increase in the Aavin-milk procurement prices, aimed at providing a crucial relief for the dairy farmers across the state.

PM Modi meets Iranian President Pezeshkian on sidelines of SCO summit

PM Modi meets Iranian President Pezeshkian on sidelines of SCO summit

Prime Minister Narendra Modi on Monday met Iranian President Masoud Pezeshkian on Monday on the sidelines of the Shanghai Cooperation Organisation (SCO) summit, which is being held in Kyrgyzstan's Bishkek.

The meeting took place as leaders gathered for the SCO summit, which is scheduled to discuss regional and international issues and ways to strengthen cooperation among member states.

SC rejects PIL seeking ethanol content disclosure in petrol at fuel pumps

SC rejects PIL seeking ethanol content disclosure in petrol at fuel pumps

The Supreme Court on Monday refused to entertain a PIL seeking a directive to the Centre and others to ensure mandatory and uniform labelling on every dispensing nozzle at petrol pumps, disclosing the exact percentage of ethanol in petrol.

A bench of Justices MM Sundresh and PB Varale said it is not going to entertain the PIL under Article 32 (right to approach Supreme Court directly) and the petitioner Narendra Kumar Goswami can approach the jurisdictional high court for relief.

GST 2.0 gave economy buffer amid West Asia war: Maruti Suzuki's Bhargava

GST 2.0 gave economy buffer amid West Asia war: Maruti Suzuki's Bhargava

The GST 2.0 gave impetus not only to the automobile industry but to several sectors of the Indian economy, which continues to do well despite the impact of the West Asia war, Maruti Suzuki India Chairman RC Bhargava said, adding the tax reform provided the necessary buffer to navigate this uncertain period.

Nepal floods kill 903, leave 4,250 missing; Bihar remains on high alert

Nepal floods kill 903, leave 4,250 missing; Bihar remains on high alert

The death toll from the flash floods in Nepal rose to 903 on Monday, while the number of people reported missing climbed to 4,250. According to the National Disaster Risk Reduction and Management Authority (NDRRMA), around 9,500 people have been rescued so far.

SC to hear plea on mandatory ethanol disclosure in petrol on Aug 31

SC to hear plea on mandatory ethanol disclosure in petrol on Aug 31

The Supreme Court is scheduled to hear a petition on August 31 seeking a directive to the Centre and others to ensure mandatory and uniform labelling on every dispensing nozzle at petrol pumps, disclosing the exact percentage of ethanol in petrol.

According to the apex court's causelist of August 31, the plea would come up for hearing before a bench comprising Justices M M Sundresh and Prasanna B Varale.

Govt relaxes radiation limits for 5G towers to boost coverage: Report

Govt relaxes radiation limits for 5G towers to boost coverage: Report

The government has eased the electromagnetic field (EMF) limits for mobile networks to bring them in line with global standards, allowing telecom operators to cover larger areas with fewer towers in a bid to maintain quality of service amid rising 5G traffic, the Economic Times reported on Saturday.

Sitharaman invites global investors to manufacture, innovate in India

Sitharaman invites global investors to manufacture, innovate in India

Finance Minister Nirmala Sitharaman invited global investors to set up manufacturing bases, and technology and innovation centres in India, urging them to leverage talent and opportunity to build for the world.

Addressing a high-level Business Roundtable with leading investors and business leaders in Chicago on Friday, Sitharaman highlighted India's broad-based growth, reform momentum and expanding opportunities for long-term investment.

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