India’s Economic Outlook Amid US Tariffs The US tariffs are impacting India’s economy, leading to a projected dip in GDP and potential challenges for key industries. Economists Soumya Kanti Ghosh of the State Bank of India and Lakshmanan V. of Federal Bank have weighed in on the situation, highlighting both the risks and potential solutions. … Read more
Trump’s Tariffs Rattle India, PM Modi Vows to Protect Farmers US President Donald Trump has escalated trade tensions by doubling tariffs on India, a move that has sent shockwaves through global markets. The new tariffs, which bring the total levy on many Indian goods to 50%, are in response to India’s continued purchase of Russian … Read more
In a significant blow to Indian exporters, U.S. President Donald Trump has imposed a new 25% tariff on Indian goods, bringing the total duty on many products to 50%. This measure, a penalty for India’s continued purchase of Russian oil, is expected to severely impact several key sectors of India’s economy. The first 25% tariff … Read more
Based on a poll of top economists, the Reserve Bank of India’s policy meeting on August 6 is highly unpredictable, with a significant split on the timing of a rate cut. Here is a summary of the key points from the provided text and recent developments: On the Rate Cut: On Policy Stance and Projections: … Read more
The Misuse of GST Section 74: A Threat to Honest Taxpayers India Inc. is raising serious concerns over the “arbitrary and excessive” use of Section 74 of the Central Goods and Services Tax (CGST) Act. While this provision was designed to target deliberate tax evasion, tax officers are now routinely applying it to a broader … Read more
This news roundup from August 4, 2025, covers a wide range of topics, from the RBI’s economic decisions to celebrity-led business ventures. Economy and Markets The RBI Monetary Policy Committee has begun its August meeting, with market watchers anticipating a potential rate cut. While inflation has moderated, global uncertainty is causing a split in opinion … Read more
A ₹1.87 Lakh Mistake: Are You Losing Money on Your Property Sale? Selling a property? You could be making a costly mistake that’s quietly draining lakhs from your pocket. Sujit Bangar, the founder of taxbuddy.com, shared a real-life example of a taxpayer who nearly overpaid their capital gains tax by ₹1.87 lakh, simply by failing … Read more
India Ramps Up Energy Imports from US Amid Geopolitical Shifts India is significantly increasing its energy imports from the United States, a strategic move to diversify its supply and strengthen bilateral ties. This comes at a time of rising geopolitical tensions and trade disputes, particularly with the US imposing new tariffs. Soaring Crude Oil Imports … Read more
In a move to facilitate international trade, India has formally announced a sugar export quota of 5,841 tonnes for the European Union (EU) for the 2025-26 marketing year. This export will be carried out under the EU’s tariff-rate quota (TRQ) scheme, which allows a specific volume of goods to enter the EU with a lower-than-usual … Read more
HCLTech CEO C. Vijayakumar’s Salary Jumps, Surpassing Rivals HCLTech CEO C. Vijayakumar earned $10.85 million (approx. ₹94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector. According to the company’s annual report, his earnings surpassed those of the heads of larger rivals like TCS and Infosys. … Read more