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Category: economy

PM Modi : AK-203 rifles production starts soon in UP, strengthens Make In India

Prime Minister Narendra Modi stated the Indian Armed Forces aim for self-reliance, announcing that production of AK-203 rifles will soon begin in Uttar Pradesh. He highlighted the development of the Defence Corridor in UP and ongoing BrahMos missile manufacturing.

Gold & Silver Retreat from Peaks Amid Federal Reserve’s Rate Cut Uncertainty

On the Multi Commodity Exchange (MCX), gold futures for October delivery dropped Rs 408 or 0.36 per cent, to Rs 1,13,428 per 10 grams as traders pared their holdings after the metal scaled an all-time high of Rs 1,14,179 per 10 grams on Tuesday.

India`s GST reforms ignite clash between PM Modi and Congress

India`s GST reforms have triggered sharp political exchange. Congress Rajya Sabha MP Pramod Tiwari on Monday took a swipe at Prime Minister Narendra Modi over the latter`s speech on Goods and Services Tax (GST) reforms implementation, suggesting that the PM should have issued an apology to the nation.

Congress questions on whether GST reduction benefits will be passed to consumers

With reduced GST rates on several items coming into effect, the Congress on Monday said the “limited” reform comes eight years too late and a “big question mark” remains on whether the benefits of tax reduction will be passed on to consumers.

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