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Power puzzles in GDP: Energy consumption falls despite growth numbers

At first glance, the GDP data would seem overstated. Power consumption, which is metered, correlates closely with economic activity and is likely to be more accurate than GDP calculations

electricity, power sector

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This round of tax reforms can be termed 'MGGA - Making GST Great Again'

To ensure the 56th GST Council is remembered as the most transformative since 2017, the proposed changes must be implemented in spirit, and what must happen next for promises to become policy

This round of tax reforms can be termed 'MGGA - Making GST Great Again'
Updated On : 06 Sep 2025 | 7:04 PM IST

Best of BS Opinion: Global debt, India's power gaps, Punjab's anger

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: Global debt, India's power gaps, Punjab's anger
Updated On : 06 Sep 2025 | 6:30 AM IST

If PM Narendra Modi can plan Bihar tour, why not visit flood-hit Punjab?

Punjab reels from floods as political fault lines deepen - Sikh leadership rifts, BJP's Punjab strategy, and separatist propaganda fuel alienation

If PM Narendra Modi can plan Bihar tour, why not visit flood-hit Punjab?
Updated On : 06 Sep 2025 | 9:30 AM IST

Power puzzles in GDP: Energy consumption falls despite growth numbers

At first glance, the GDP data would seem overstated. Power consumption, which is metered, correlates closely with economic activity and is likely to be more accurate than GDP calculations

Power puzzles in GDP: Energy consumption falls despite growth numbers
Updated On : 05 Sep 2025 | 10:59 PM IST

The failure of anti-austerity populism amid inflation and rate shifts

Historically, most debt and inflation crises have occurred when governments that could have met their obligations in full instead chose inflation or default

The failure of anti-austerity populism amid inflation and rate shifts
Updated On : 05 Sep 2025 | 10:57 PM IST

The return of a familiar distrust in India's global political outlook

This is not a product of American President Donald Trump, nor a consequence of his unfair singling out of India over the past few months

The return of a familiar distrust in India's global political outlook
Updated On : 05 Sep 2025 | 10:56 PM IST

Beyond a fairytale engagement: Swift-Kelce spark social media frenzy

The engagement announcement came a few weeks after Swift's most in-depth interviews in years on Kelce's "New Heights" podcast, co-hosted by his brother, Jason

Beyond a fairytale engagement: Swift-Kelce spark social media frenzy
Updated On : 05 Sep 2025 | 10:46 PM IST

The steepest GST cut? Fiscal discipline opens door for tax rationalisation

The GST by its design was a destination-based tax, making it self-enforcing and addressing concerns of tax cascading

The steepest GST cut? Fiscal discipline opens door for tax rationalisation
Updated On : 05 Sep 2025 | 12:08 AM IST

Celebrations commence with GST reform announcements, marking economic shift

This courageous move signals the emergence of a stronger economy, clearly indicating that India is firmlyset on a path of progress and growth

Celebrations commence with GST reform announcements, marking economic shift
Updated On : 04 Sep 2025 | 11:57 PM IST

Best of BS Opinion: India's tax overhaul, urban woes, and global turns

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: India's tax overhaul, urban woes, and global turns
Updated On : 05 Sep 2025 | 6:30 AM IST

From complexity to clarity: GST Council ushers in a new era of tax reforms

The shift from four slabs to a leaner two-tier structure 5% for merit goods and 18% for standard goods, with 40% for sin and luxury items is the most far-reaching change since GST's inception

From complexity to clarity: GST Council ushers in a new era of tax reforms
Updated On : 04 Sep 2025 | 11:36 PM IST

Why changing inflation target is fraught with risks for RBI's future policy

The RBI has sought views on four key inflation-targeting issues. Maintaining the status quo is recommended, with the focus on creating conditions to consistently achieve the existing 4% target

Why changing inflation target is fraught with risks for RBI's future policy
Updated On : 04 Sep 2025 | 10:28 PM IST

It's raining crises: Cities need urgent plans for climate change impacts

At first glance, the easy culprit to pinpoint is growing indiscriminate urbanisation

It's raining crises: Cities need urgent plans for climate change impacts
Updated On : 04 Sep 2025 | 10:16 PM IST

A new GST: The indirect tax system simplified for greater efficiency

The removal of the 12 and 28 per cent slabs and the shifting of items from these slabs to 5 and 18 per cent will make a large number of consumer items cheaper

A new GST: The indirect tax system simplified for greater efficiency
Updated On : 04 Sep 2025 | 10:09 PM IST

Fed is independent, but could markets be right about Trump's push for cuts?

Trump's push for democratic control of the Fed and its independence are not mutually exclusive

Fed is independent, but could markets be right about Trump's push for cuts?
Updated On : 04 Sep 2025 | 10:02 PM IST

The false promise of SCO: No panacea for India's geopolitical challenges

India's enthusiastic participation in the SCO summit hosted by China was meant to signal to Washington that New Delhi has other options

The false promise of SCO: No panacea for India's geopolitical challenges
Updated On : 04 Sep 2025 | 9:57 PM IST

Best of BS Opinion: A quest for chips, cleaner air, and global leverage

Here are the best of Business Standard's opinion pieces for today

Best of BS Opinion: A quest for chips, cleaner air, and global leverage
Updated On : 04 Sep 2025 | 6:15 AM IST

Fighting air pollution will take more than masks and symbolic fixes

The human cost is staggering. If India were to bring its pollution levels down to WHO norms, life expectancy will increase for everyone

Fighting air pollution will take more than masks and symbolic fixes
Updated On : 03 Sep 2025 | 10:16 PM IST

Chips on the table: Phase 2 of semiconductor mission must shift the focus

Modi says India will capture a major share of global semiconductors as ISM Phase 2 shifts focus to ecosystem support and supply chain resilience

Chips on the table: Phase 2 of semiconductor mission must shift the focus
Updated On : 03 Sep 2025 | 10:15 PM IST

SCO summit shows India's pivot: multi-alignment over single-nation bets

The SCO meet exemplifies a nuanced balancing act between India and China - cooperation where feasible, vigilance where imperative

SCO summit shows India's pivot: multi-alignment over single-nation bets
Updated On : 03 Sep 2025 | 10:13 PM IST