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Business

The 56th GST Council reduced the slabs from four to two: 5% for essentials and 18% for non-essentials, while imposing a 40% rate on sin and luxury goods.

The government cuts GST on cement from 28% to 18%, potentially reducing construction and housing costs, and boosting affordable housing demand.

Reliance Industries Ltd’s retail arm announced on Thursday that it would pass on the benefits of reduced GST rates directly to consumers.

India Inc welcomes the GST Council’s sweeping tax cuts, calling them a game-changer for domestic consumption and industrial growth.

The government announced on Thursday that the 56th GST Council had approved sweeping tax rationalisations on milk and milk products.

Apple to open new stores in Bengaluru and Pune ahead of iPhone 17 launch, expanding its retail and manufacturing footprint in India.

Indian stock market opens higher with Nifty above 24,700; GST rate cuts and sectoral buying boost Sensex and broader indices amid positive global cues.

Mukesh Ambani welcomed India’s second-generation GST reforms, calling them a major boost for consumption-led growth.

Reliance Jio marks its ninth anniversary with a nationwide celebration, unveiling three major offers for its vast user base.

India witnessed a 15% rise in FDI inflows in the first quarter of FY25, reaching USD 18.62 billion, with the US emerging as the top investor.