GST Reforms: Generous, Simplified, and Timed Well

September 4, 2025 7:52 PM

GST Reforms: Generous, Simplified, and Timed Well

The Narendra Modi Government is in a hurry, and for all the good reasons. An income tax cut for all those earning up to Rs. 12 Lakh per annum and rejigging the GST slabs in the same calendar year are signs of intent and commitment. The Modi Government wants people to consume more, for people to be able to afford more, for MSMEs to be able to sell more, and for small entrepreneurs to be able to manufacture more. The 7.8 per cent growth rate in the first quarter of the ongoing financial year has ...

RBI says flexible inflation targeting framework served India well amid global challenges

August 22, 2025 3:32 PM

RBI says flexible inflation targeting framework served India well amid global challenges

The Reserve Bank of India (RBI) has said that the flexible inflation targeting (FIT) framework has performed well since its introduction, meeting the needs of the country even during challenging times. In a recent report, the RBI highlighted that the FIT framework, introduced to maintain price stability in India, has broadly delivered on its objectives. Between its inception and the end of 2019, inflation in India remained low and stable, averaging around 4 per cent. The report stated, “The ...