Predicted to hit Rs 2 lakh, will gold prices fall to Rs 1.25 lakh per 10 grams?
https://timesofindia.indiatimes.com/business/india-business/predicted-to-hit-rs-2-lakh-will-gold-prices-fall-to-rs-1-25-lakh-per-10-grams/articleshow/134673956.cms
https://timesofindia.indiatimes.com/business/india-business/predicted-to-hit-rs-2-lakh-will-gold-prices-fall-to-rs-1-25-lakh-per-10-grams/articleshow/134673956.cms
International gold prices have fallen 26% from the record high of $5595 seen on January 29 this year. Indian gold prices peaked at the same time and are down around 23%. More recently, gold prices which rose to Rs 1,64,773/10 gm levels on MCX futures contract in the last week of August had fallen by more than 10% to a low Rs 1,45,991/10 gm levels last week.
Gold, silver outlook: Dollar, US-Iran tensions, RBI policy among key factors to drive prices this week
https://timesofindia.indiatimes.com/business/india-business/gold-silver-outlook-dollar-us-iran-tensions-rbi-policy-among-key-factors-to-drive-prices-this-week/articleshow/134677199.cms
https://timesofindia.indiatimes.com/business/india-business/gold-silver-outlook-dollar-us-iran-tensions-rbi-policy-among-key-factors-to-drive-prices-this-week/articleshow/134677199.cms
This week, prices for gold and silver are likely to experience fluctuations driven by various factors including the strength of the US dollar, rising bond yields, and continuing tensions between the US and Iran. Market participants are closely monitoring the Reserve Bank of India's impending interest rate decision, as well as key economic data that could shape market predictions.
GST Council meeting on October 7: Arrest powers, ITC, prosecution threshold proposals on agenda - report
https://timesofindia.indiatimes.com/business/india-business/gst-council-meeting-on-october-7-arrest-powers-itc-prosecution-threshold-proposals-on-agenda-report/articleshow/134678667.cms
https://timesofindia.indiatimes.com/business/india-business/gst-council-meeting-on-october-7-arrest-powers-itc-prosecution-threshold-proposals-on-agenda-report/articleshow/134678667.cms
The GST Council will meet on October 7 to discuss major reforms in GST processes and enforcement. Proposed changes include removing tax officers' arrest powers and requiring judicial consent for any arrests. Additionally, the prosecution threshold may be raised from Rs 1 crore to Rs 5 crore, with some offences being decriminalized. Changes are also aimed at simplifying compliance for small e-commerce sellers and protecting genuine buyers' input tax credits.
Faster registration, easier refunds: Reform rollout with GST 2.0
https://timesofindia.indiatimes.com/business/india-business/faster-registration-easier-refunds-reform-rollout-with-gst-2-0/articleshow/134680227.cms
https://timesofindia.indiatimes.com/business/india-business/faster-registration-easier-refunds-reform-rollout-with-gst-2-0/articleshow/134680227.cms
GST Council plans to unveil substantial reforms aimed at improving business processes and facilitating growth. The proposed changes involve streamlined registration, easier refunds, and a more efficient input tax credit system. Decriminalisation measures are also proposed to alleviate issues for businesses with minor offenses. A focus is on reducing discretionary practices and using technology to minimize litigation. These reforms seek to enhance operational efficiency for both small and large enterprises.
Next-generation GST aimed at boosting India's next phase of growth
https://timesofindia.indiatimes.com/business/india-business/next-generation-gst-aimed-at-boosting-indias-next-phase-of-growth/articleshow/134682266.cms
https://timesofindia.indiatimes.com/business/india-business/next-generation-gst-aimed-at-boosting-indias-next-phase-of-growth/articleshow/134682266.cms
India in striking distance of 8% growth, says Shaktikanta Das
https://timesofindia.indiatimes.com/business/india-business/india-in-striking-distance-of-8-growth-says-shaktikanta-das/articleshow/134683083.cms
https://timesofindia.indiatimes.com/business/india-business/india-in-striking-distance-of-8-growth-says-shaktikanta-das/articleshow/134683083.cms
India is expected to achieve close to 8% economic growth, aided by recent reforms and increased investment. The resilience of the economy is attributed to strategies implemented over the past decade and strong domestic demand. Former RBI governor Shaktikanta Das emphasized the significance of the financial sector and external management in supporting growth. Further opportunities are anticipated in the coming years, particularly in AI and infrastructure financing.
Oil prices ease slightly as G7 and Middle East crude supplies set to hit market
https://timesofindia.indiatimes.com/business/international-business/oil-prices-ease-slightly-as-g7-and-middle-east-crude-supplies-set-to-hit-market/articleshow/134683679.cms
https://timesofindia.indiatimes.com/business/international-business/oil-prices-ease-slightly-as-g7-and-middle-east-crude-supplies-set-to-hit-market/articleshow/134683679.cms
Oil prices saw a modest decline as fresh shipments from the Middle East hit the market. The G7's move to tap into emergency reserves reflects growing energy apprehensions. Nevertheless, the crude oil market stays turbulent, as conflicts in the Gulf region persist. Notably, Yemen's Saudi-backed government has initiated a military operation against the Houthis, further complicating the situation. This evolving landscape continues to impact global energy supplies and market pricing.