Bloomberg Quint News
Economy / Bloomberg Quint
Industrial output and consumption had their worst month yet his year after a sharp slowdown in July.
Harsha Vardhan Agarwal, President FICCI, Vice Chairman & MD, Emami told NDTV Profit that he is confident of government resolving the ongoing trade talks with the US.
Punjab is in favour of GST rate reductions, but state economies need to be kept in mind when decisions are made by the Centre, he says.
The sale represents a significant gain for the actor, who had purchased the same property in 2018 for Rs 11.62 crore.
Policymakers have highlighted the scale of opportunity, noting that India's circular economy has potential to generate over $2 trillion in market value and create close to 10 million jobs by 2050.
The GST reforms are a double dose of support and growth for the country, PM Modi said.
Government unveils GST 2.0 with Rs 480 billion in tax cuts
Blackstone also promoted Asheesh Mohta, currently head of acquisitions for India, to country head of real estate.
Prime Minister Narendra Modi had a bilateral meeting with Russia's Vladimir Putin, causing Donald Trump to put some angry posts on his social media platform.
India reported that the GDP grew 7.8% year-on-year in AprilJune, the highest growth rate in five quarters.
Russia's gross domestic product expanded by just 1.1% over the first seven months of the year
The governments other main gauge of economic activity gross domestic income surged 4.8%.
Earlier this month, US President Donald Trump had called India a 'dead economy' alongside Russia.
Impact on the Indian market will be nuanced for a short-term impact, as the country has a big domestic demand market, said Trinh Nguyen, senior economist covering emerging Asia at Hong Kong-based investment bank Natixis on US tariffs.
Over the past six months, the Finance Ministry has been quietly working behind the scenes, holding several internal meetings and reviewing GST rates item by item.
More than 150 entrepreneurs from different countries will display their products and technologies at the exhibition.
In July, Trump signed the One Big Beautiful Bill Act, raising the debt ceiling by $5 trillion to avoid a potential default.
Finance Minister Nirmala Sitharaman and Commerce Minister Piyush Goyal will be attending this meeting.
A heavy week of US economic data also showed underlying consumer inflation picked up last month, largely due to an acceleration in the cost of services such as airfares.

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