In a recent statement, Finance Minister Nirmala Sitharaman listed various items that have become cheaper after the implementation of the Goods and Services Tax (GST) in India. She expressed her disappointment over the negative perception surrounding GST and criticized those who label it derogatorily. This report provides a detailed analysis of the cheaper items highlighted …
The Gross Goods and Services Tax (GST) collection in India has witnessed a notable growth of 12% year-on-year, amounting to ₹1.61 lakh crore in the month of June. This report analyzes the factors contributing to this increase, the implications for the economy, and the significance of the GST collection in driving fiscal stability. Growth in …
In a significant milestone, a 320-year-old newspaper has made the decision to end its daily print run, marking the end of an era in print journalism. A photograph capturing the final edition of the newspaper has gone viral, attracting attention worldwide. This report delves into the history of the newspaper, the reasons behind its transition, …
The boards of HDFC (Housing Development Finance Corporation) and HDFC Bank, two prominent financial institutions in India, have announced their approval of July 1 as the effective date for their merger. This report examines the significance of the merger, its potential impact on the financial sector, and the implications for both organizations. Merger Approval and …
Omnivore, a venture capital firm specializing in agri-tech investments, has successfully achieved the first close of its third fund, raising an impressive $150 million. The fund aims to support early-stage startups in the agricultural and food technology sectors, driving innovation and sustainability in the global food supply chain. The significant capital injection signifies Omnivore’s commitment …