Author name: Lisl News Desk

News Desk

GST Council May Consider New Cess or Higher Tax Cap on Tobacco, Sin Goods to Protect State Revenues

GST Council May Consider New Cess or Higher Tax Cap on Tobacco, Sin Goods to Protect State Revenues

The Goods and Services Tax (GST) Council is likely to discuss options to keep the overall tax incidence on tobacco and other sin goods unchanged as India moves towards a two-rate GST structure. The meeting is scheduled for September 3–4, according to reports. Currently, tobacco attracts nearly 52% tax through a combination of GST and […]

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OYO Set to File DRHP in November, Eyes $7–8 Billion IPO Valuation

OYO Set to File DRHP in November, Eyes $7–8 Billion IPO Valuation: Report

Hospitality startup OYO is preparing to file its Draft Red Herring Prospectus (DRHP) in November, aiming for an IPO valuation of around $7–8 billion, according to reports. The proposal will likely be taken up by the board next week. In a statement, the company said the decision regarding the IPO will be guided entirely by

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Japan May Double Investment Target for India to 10 Trillion Yen During PM Modi’s Visit

Japan May Double Investment Target for India to 10 Trillion Yen During PM Modi’s Visit

New Delhi: Japan is likely to set a fresh investment target of 10 trillion yen (around USD 68 billion) for India during Prime Minister Narendra Modi’s visit later this month, according to a report by Kyodo News. The move would mark a sharp increase from the earlier five-year commitment of 5 trillion yen announced in

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Festive Season Car and Two-Wheeler Sales May Slow Down Amid GST Restructuring Plan

Festive Season Car and Two-Wheeler Sales May Slow Down Amid GST Restructuring Plan

Mumbai: Automobile sales, especially small cars and entry-level two-wheelers, may see weaker demand this festive season as buyers wait for clarity on the government’s proposed Goods and Services Tax (GST) restructuring. The festive season begins later this month with Onam and Ganesh Chaturthi, but industry experts fear consumers may delay purchases due to uncertainty over

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Sensex Jumps 1,000 Points, Nifty Crosses 25,000 as GST Reform Plan and S&P Upgrade Boost Market

Sensex Jumps 1,000 Points, Nifty Crosses 25,000 as GST Reform Plan and S&P Upgrade Boost Market

Mumbai: Indian stock markets opened the week on a strong note, with benchmark indices Sensex and Nifty rallying more than 1 percent on Monday. The sharp rise was supported by Prime Minister Narendra Modi’s announcement of GST reforms, S&P Global’s rating upgrade for India, and firm global cues. At around 10 am, the Sensex surged

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Kotak Mahindra’s Global Arm Gets UAE Nod to Sell Funds to Retail Investors

Kotak Mahindra’s Global Arm Gets UAE Nod to Sell Funds to Retail Investors

Kotak International, the global arm of Kotak Mahindra Bank, has secured a licence from the United Arab Emirates’ Securities & Commodities Authority to sell investment funds and portfolios directly to onshore retail investors. This makes Kotak the first Indian financial institution to receive such an approval in the UAE, reflecting the growing interest of Gulf

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SEBI to Get Advanced Digital Forensic Tool for Faster Market Investigations

SEBI to Get Advanced Digital Forensic Tool for Faster Market Investigations

The Securities and Exchange Board of India (SEBI) is set to speed up its investigation process by acquiring an advanced digital forensic tool that can quickly analyse data from seized electronic devices and provide actionable intelligence. The market regulator has shortlisted three companies for the project — L&T Technology Services, Pelorus Technologies Pvt Ltd, and

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NHAI Plans ₹10,000-Crore InvIT IPO, To Appoint Legal Advisers Soon

NHAI Plans ₹10,000-Crore InvIT IPO, To Appoint Legal Advisers Soon

The National Highways Authority of India (NHAI) has started preparations for an initial public offering (IPO) of a highways infrastructure investment trust (InvIT) worth around ₹10,000 crore, making it one of the largest share sales in the infrastructure sector in recent years. According to sources, NHAI has already invited bids from top law firms to

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Trump Warns of ‘Secondary Sanctions’ After 25% Additional Tariff on Indian Imports

Trump Warns of ‘Secondary Sanctions’ After 25% Additional Tariff on Indian Imports

US President Donald Trump has intensified trade pressure on India by warning of “secondary sanctions”, just hours after imposing an additional 25% tariff on Indian imports—bringing the total tariff to 50%. During a White House press briefing on August 7, Trump was questioned about targeting India over Russian oil imports, while countries like China also

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RBI Keeps Repo Rate Unchanged at 5.5% Amid US Tariff Tensions

RBI Keeps Repo Rate Unchanged at 5.5% Amid US Tariff Tensions

On August 6, the Reserve Bank of India (RBI), led by Governor Sanjay Malhotra, decided to keep the repo rate unchanged at 5.5%, as expected by market experts. The central bank also kept its policy stance ‘neutral’ while closely monitoring global developments, especially rising trade tensions with the United States. This move was widely predicted

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