Giri world

GST revenue for FY26 is projected to surpass budget targets, according to SBI Research, despite a significant rate restructuring. The new four-tier slab system, with a 40% rate for luxury goods, is expected to benefit most states, with Maharashtra and Karnataka anticipating substantial gains. Historical data suggests revenue will stabilize and then accelerate post-rationalization. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/eYbPU3x >

US and China have agreed to a temporary truce in their trade war, pausing new tariffs and export curbs. Key deals include China resuming significant soybean purchases, US cutting fentanyl-related tariffs, and China lifting rare-earth export restrictions. This de-escalation offers a year-long window for further negotiations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TOtmgub >

October GST collections reached ₹1.96 lakh crore, a 4.6% rise, marking the slowest growth this fiscal. This moderation is attributed to pre-GST sales pauses and recent rate cuts. Despite this, experts anticipate a strong rebound in November's figures, fueled by revived consumer demand and upcoming festive spending. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/wQAr71i >

India's first-ever geological carbon dioxide storage well is now being drilled by NTPC at its Jharkhand coal mine. This pioneering effort by NTPC's R&D arm is a significant step towards the nation's net-zero goals, aiming to safely store CO2 deep underground. The project will gather crucial data to assess rock formations for long-term carbon sequestration, advancing India's CCUS roadmap. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5oix1IO >

Sebi will not ban weekly derivatives contracts, instead opting for calibrated changes to the F&O segment. The regulator is analyzing trading data to inform these adjustments, aiming to strengthen the equity derivatives framework and manage risks, particularly around expiry days. These measures are designed to ensure market stability. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/frVYCQI >