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After reducing several GST rates in September, the central and state governments are now preparing to address another major issue in the tax system inverted duty structures, according to two government insiders. An inverted duty structure arises when inputs attract higher taxes than the finished goods, leading to distorted pricing, tighter working capital, and long-drawn refund claims for business
After a dull 2024, Reliance Industries has stormed back in 2025 with a blistering 26% rally, adding ₹4.4 lakh crore to its market cap and pushing it near ₹21 lakh crore. The stock hit a 52-week high of ₹1,557.95. Key triggers: Jefferies’ $180 billion valuation for Jio ahead of its IPO, O2C business rebound with soaring refining margins, and explosive retail growth. Brokerages maintain strong Buy c
An Indian software engineer working in Japan has sparked discussion online after publicly disclosing his fresher salary. In an Instagram video, content creator Vicky Kumar detailed his monthly payslip, showing a base salary of about Rs 1.32 lakh. However, after various deductions, his net take home income comes down to roughly ₹98,000.
The State Bank of India (SBI) has announced that its mCASH service on OnlineSBI and YONO Lite will be discontinued after November 30, 2025. After this date, customers will no longer be able to transfer funds via mCASH without beneficiary registration, nor receive money through the mCASH link or app.
After hitting record highs in October, gold prices in Chennai have seen a significant drop today (November 7). The price of 22-carat ornamental gold has decreased by ₹400 per sovereign**, now selling at ₹90,160, with a gram priced at **₹11,270**. Similarly, 18-carat gold saw a reduction of ₹360 per sovereign, now at ₹75,200. This comes after yesterday’s unusual surge, where gold prices incre
After a brief stay in Delhi, a Patna entrepreneur experimented with multiple ventures including retail, events, and delivery before founding Shhe Foods. The startup focuses on industrializing Bihar’s traditional crop, makhana (fox nuts). What started as a two-person experiment in a small rented office has expanded into a 10,000 sq. ft. factory, partnering with over 2,500 farmers and more than 40 b
After Amazon, now International Business Machines Corp (IBM) is set to reduce thousands of roles to focus on software growth. Layoff all over the world has already impacted more than…