On 3rd September 2025, the GST Council reportedly approved a reduction in GST for footwear and apparel priced up to ₹2,500, bringing the rate down to 5%, up from the previous threshold of just ₹1,000. Alongside this, the Council is simplifying the GST structure by eliminating the 12% and 28% slabs, consolidating most items into 5% and 18% categories.
On September 3, 2025, U.S.-based high-frequency trading firm Jane Street filed a legal case with India’s Securities Appellate Tribunal (SAT), challenging an interim order issued by India's market watchdog, SEBI. The tribunal adjudicates appeals against SEBI's regulatory decisions.
In a recent interview, Edward Price—an adjunct professor at New York University and independent foreign policy analyst—delivered a scathing critique of U.S.
In August 2025, India’s private sector roared ahead, thanks to robust demand and resilient domestic consumption. The HSBC-compiled Composite PMI soared to 65.2, marking the highest output reading since the survey’s inception in December 2005In August 2025, India’s private sector roared ahead, thanks to robust demand and resilient domestic consumption. The HSBC-compiled Composite PMI soared to 65.2, marking the highest output reading since the survey’s inception in December 2005.
Key Insight: Inflation in the euro area ticked up to 2.1% in August, from 2.0% in July, slightly exceeding expectations. This uptick was driven by a rise in unprocessed food prices and a diminished drag from energy costs.
India is fast-tracking its journey to become a global semiconductor powerhouse. At Semicon India 2025 in Delhi, Prime Minister Narendra Modi delivered a clear message: “Make in India” is not just a slogan, but the foundation of India’s ambition to dominate the global semiconductor supply chain.
Ahead of the September 3–4 GST Council meeting, the Modi government is rolling out its most significant tax revision in nearly a decade.
India's Goods and Services Tax (GST) collections in August totaled ₹1.86 lakh crore, up 6.5% year-on-year, underscoring sustained economic activity and persistent compliance even amid broader global uncertainties , .
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