Economy News ( English version)

Jaguar Land Rover has issued its first statement after a cybersecurity incident disrupted services. It said that no evidence was found that any customer data has been stolen. Here's all you need to know…

Described as a “clean-out trade”, the pure secondary sale—with no fresh equity issuance by Aptus Value—will mark WestBridge’s complete exit from the company.

As the GST Council plans reforms, concerns arise over corporate profiteering. States demand safeguards to ensure tax relief reaches consumers. 

Veteran banker Kaustubh Kulkarni will join Citi in December and will be based in Singapore. He will take up on the role alongside current head Jan Metzger

Series B and C stages of funding are seeing a gradual uptick amid a growth in distribution channels, reduced burn rates, and more rational valuations. Does this signal early signs of revival in the mid-market segment?

Guwahati Tea Auction Centre (GTAC) experienced substantial tea sales growth from April to August 2025. Total tea sales reached 76.94 million kgs, with CTC and Dust varieties at 72.70 million kgs and Orthodox teas at 4.24 million kgs. While Orthodox teas showed strong price appreciation, CTC and Dust prices corrected slightly, remaining above 2023 levels, ind […]

Foreign Direct Investment in India increased by 15 percent, reaching 18.62 billion US dollars during April to June. The United States became the largest investor, contributing 5.61 billion US dollars. Karnataka received the highest inflow of investments. The government has implemented investor-friendly policies and reforms across various sectors. These refor […]

The GST Council is likely to approve reforms aimed at easing compliance for small businesses, including faster registration and refunds. Amendments to the place of supply definition will benefit Global Capacity Centres and ITES, while rate rationalization discussions continue. The council also addressed post-sales discounts and appellate tribunal issues, foc […]

The GST Council has likely approved reducing the GST rate on footwear and apparel priced up to Rs 2,500 to 5%. Previously, this rate applied only to items priced up to Rs 1,000. The council also decided to eliminate the 12% and 28% slabs, shifting most items to the 5% and 18% categories.