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Wednesday, September 3, 2025

Sitharaman’s ‘Diwali gift’: From paneer to paratha, Centre explains tweaks in GST rates

The GST Council has approved significant rate cuts across various sectors, effective September 22nd, providing relief to consumers and farmers. Daily-use items like hair oil, shampoo, and toothpaste will now attract a reduced 5% GST, while health and life insurance are entirely exempt.

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsu...