Dear Readers,Business Economics wishes a joyous, happy and prosperous Durga puja and Deepawali to all the readers. May all be blessed by Maa Durga, Maa Saraswati, Maa Laxmi, Lord Ganesha & Lord Kartikeya. In India, festivals are the occasion of joy, offering & prayer to the Divine. Festivals...
India, known as the land of diversity, is home to a multitude of communities, each with unique cultural traditions. Festival, probably is one thread that binds these diversified culture and traditions into one.Festivals are an integral part of Indian culture and way of life, providing opportunities ...
Durga Puja and Navaratri are not merely festivals of worship and celebration. They are symbolic journeys that reconnect us with our roots—our culture, traditions, art, and values. During this time, Bengal’s pulse beats in rhythm with its centuries-old heritage. From the swaying kash flowers in t...
In India, festivals are not just cultural events—they are economic engines that touch every section of society. From national celebrations like Diwali, Holi, Navratri, Eid, and Pongal to regional events like Durga Puja, Kali Puja, and Onam, these occasions bring people together across age, class, ...
The United States has entered a new phase of economic management—one where the central bank is no longer focused solely on taming inflation but also on cushioning a labor market showing its first signs of fatigue. The quarter-point reduction in the benchmark lending rate, bringing it down to a ran...
On August 15, 2025, in his Independence Day address, Prime Minister Narendra Modi announced sweeping reforms in the Goods and Services Tax (GST) structure to be implemented by Diwali. He stressed the need to simplify GST and ease the burden on the common citizen. Following this, the GST Council, in ...
The Goods and Services Tax (GST) Council has introduced major reforms in the tax structure—changes many experts believe were long overdue. Since its rollout in 2017, India’s GST regime has faced criticism for being complex and inconsistent with global best practices. Ideally, GST should have one...
The Reserve Bank of India (RBI) has announced a review of the current framework for setting its policy interest rate—the REPO rate (repurchase rate for authorized securities from commercial banks and other financial institutions). The REPO serves as the central policy tool for regulating money sup...
There was a time when trading in the Indian capital market was highly fragmented, scattered across 21 regional stock exchanges operating in various tier-II cities along with the metropolitan centres. Volumes were small, participants were few, and institutional investments came largely from a handful...
At a time when punitive tariffs from the United States threaten to squeeze exports and dampen investments, India has chosen to shield its economy by revamping the tax structure to stimulate domestic demand.This is an unusual weapon to counter an external economic assault: providing cheaper goods for...
