Business Standard

Real estate consultants are expanding into design, project management, flexible workspaces and technology to diversify revenue and offer clients integrated services

GST refunds under the fast-track route will require officer scrutiny if an earlier refund order is under dispute, potentially delaying working capital relief for businesses

The RBI raised minimum daily CRR maintenance to 99 per cent from October 16 and announced a 25,000 crore bond sale on October 13 to align overnight rates with the repo rate.

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series

The revised rates will apply to deposits of up to 10 crore, with 36-60-month deposits earning 7.85 per cent; additional rates for seniors, women and renewals will continue

The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets

September e-way bill generation rose 1.75 per cent from August to a record 141.53 million, as the GST Council proposed curbs on routine checks of goods moving by road.

HDFC Bank, ICICI Bank and SBI saw their market capitalisation decline in the July-September quarter, while Kotak Mahindra Bank overtook Axis Bank to become the fourth-largest lender by market value

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

An IIM study shows monthly incomes of 'lakhpati didi' households rose by 61 per cent in the past year, says Amit Shukla, joint secretary in the rural development ministry.

Private operators will procure and run the buses under 12-year contracts, with government subsidies of 35 lakh to 40 lakh per bus and free land for depots provided

Chief Economic Adviser V Anantha Nageswaran said a uniform 90-day overdue timeline does not suit all MSMEs, as businesses across sectors have different cash flow cycles

The proposed option covers eligible electric vehicle passenger transport and rental services, but comes with restrictions

The rupee appreciated 23 paise to 96.65 against US dollar in early trade on Friday, supported by a slight softening in the US dollar and suspected intervention by the Reserve Bank of India. Forex traders said the rupee opened on a positive note this morning with the dollar index down to 102 levels and Brent also down to USD 103.39 per barrel after US President Donald Trump said that the attack on Iran will happen only after the midterm elections. However, broader geopolitical pressures on the do

From easier input tax credit claims to automated registration and a 40-crore cap on penalty-only appeals, the proposed changes seek to reduce compliance friction.

Measures ease compliance through simpler registrations, quicker refunds, wider tax credit access and relief on penalties and enforcement

The cost of a home-cooked vegetarian thali rose 10 per cent year-on-year in September, driven by higher prices of onion, vegetable oil, rice and LPG, according to a report released on Thursday. Non-vegetarian thali increased 6 per cent as broiler prices increased slower, according to Crisil's monthly Roti Rice Rate report. The cost of preparing a vegetarian thali increased to Rs 30.8 in September from Rs 28.1 a year ago, while non-vegetarian thali cost rose to Rs 59.5 from Rs 56, the report said

Prime Minister Narendra Modi on Thursday welcomed the new round of GST reforms approved by the GST Council and said its focus was to take faster decisions, lower compliance costs and automated refunds. The prime minister also said that the GST Council's recommendations on removal of arrest provisions, greater decriminalisation and simpler procedures will have a very positive impact. The GST Council on Thursday approved removing the arrest power of tax officials and raising the threshold for pros

Small online sellers can now use e-commerce platform warehouses to register in other states, while the GST Council has clarified tax treatment for platforms and retained existing rates

Transport industry bodies say the GST Council's decision to limit highway inspections to intelligence-based checks will reduce unnecessary stoppages, delays and penalties

The GST Council's decision to allow input tax credit on employee group health and life insurance is expected to reduce coverage costs for employers, particularly MSMEs

The GST Council has proposed exempting storage and warehousing services for seeds meant for sowing, along with coffee-curing services provided by coffee curers to cultivators

The GST Council's changes to export definitions and refund rules are expected to benefit IT firms, consulting companies and GCCs by reducing tax disputes and working capital costs

Commerce Minister Piyush Goyal says India's export target is achievable despite subdued global trade growth, citing strong domestic businesses, MSMEs and new FTAs

West Bengal Finance Minister Swapan Dasgupta calls the 57th GST Council meeting very, very positive, highlighting ease of doing business and improved compliance.

Several banks, including BoB, PNB and Indian Bank, raise repo-linked lending rates by 25 bps after the RBI's policy rate increase, making loans costlier for borrowers

The FM said the Council has also taken steps to make the movement of goods smoother by limiting inspections, detention and seizure to officers of the supplier or destination state

From piano and saxophone lessons to live gigs and jam sessions, jazz is creating a small but distinctive music economy in India. But learning it involves more than paying for classes

RBI's October Monetary Policy Report flags widening price pressures across goods and services, with food and fuel inflation adding to concerns over second-round effects

The GST Council has approved refunds of accumulated tax credits on input services from November 1 and plant and machinery from April 2027, alongside wider ITC eligibility for business expenses

Bharat Microfinance Report 2026 flags rising climate risks to rural credit as NABARD warns of potential rabi crop stress following a deficient monsoon and urges better underwriting

GST Council ends GST officers' arrest powers; 10,000 limit for notices

India's inflation rose to 4.8% in August from 3.4% in March, with food and fuel leading the rise, while core prices and services are now showing signs of wider pressure

State Bank of India Chairman C S Setty on Thursday said he does not see deposit rate hike for up to three months because of the excess liquidity in the system. Speaking a day after the RBI's policy announcement, Setty said the shift to tightening of rates by the central bank will help banks expand their net interest margins (NIMs) for up to three quarters. I believe that next two-three months, there may not be any rate action on the deposits because we have sufficient liquidity in the system, Se

The RBI's previous rate cycle shows that changes in the repo rate did not translate equally into loan and deposit rates, with the impact varying across borrowers and Depositors

Surging prices for Russia's flagship Urals crude loaded in the Baltic, a mainstay for Indian refiners, are driving the pullback

Deal volumes rose 7% from the previous quarter, while deal values fell 53% from $27.9 billion in Q2

India's graduate labour participation rate fell to a five-year low in September as the educated population grew faster than employment, while fewer graduates actively sought jobs

India and 13 other countries have called for coordinated global action to curb excess industrial production that distorts markets, hurts domestic industries and contributes to an imbalance between supply and demand. The countries issued a joint statement on Wednesday after meeting on the sidelines of the Organisation for Economic Co-operation and Development (OECD) Trade Committee deliberations in Washington. We call on all countries to take steps to eliminate structural excess capacity and prod

The RBI's latest surveys show a widening gap between household price concerns and economic confidence, even as spending intentions remain resilient across urban and rural India

The FCNR(B) deposit flows of $135 billion was made possible by the strong macroeconomic fundamentals of India, says Malhotra

Rural incomes are becoming less dependent on monsoons as allied activities, irrigation and diversification cushion the impact of rainfall shortfalls.

Central tax collections rose 6.5% in April-August, trailing the 9% FY27 Budget target, as major tax receipts declined sharply in August.

The MPC raises the repo rate by 25 basis points to 5.5 per cent and shifts to calibrated tightening, with economists expecting further increases as inflation risks persist

Banks with more external benchmark-linked loans could benefit as lending rates reset faster than deposits, while festive and corporate demand may sustain credit growth

The GST Council is expected to consider simpler compliance, faster refunds and changes to prosecution and arrest rules, with no major rate changes likely at the meeting

Governor Sanjay Malhotra says the RBI will submit comments on Irdai's draft commission framework, which proposes product-level caps and lower management expense limits

To soon issue a frequently asked questions (FAQ) document to clarify the reporting requirements

Demat account holders will get a consolidated view of investments and bank deposits from January 1, while RBI also plans interoperability among account aggregators

BMI says market access, agriculture and Russian oil remain obstacles to an India-US deal, with a narrow pact likely to offer modest gains and ease policy uncertainty