finance

India’s biggest overhaul of the Goods and Services Tax since its 2017 launch has begun rolling out, simplifying what was once a four-slab structure into a leaner system built primarily around 5 percent and 18 percent rates, with a steep 40 percent slab reserved for a short list of luxury and sin goods. The GST … Read more

The Reserve Bank of India’s Monetary Policy Committee voted unanimously on August 5, 2026 to keep the repo rate unchanged at 5.25 percent, extending its neutral policy stance as it weighs sticky food and fuel inflation against a resilient domestic growth outlook. The standing deposit facility rate stays at 5.00 percent, while the marginal standing … Read more