The Reserve Bank of India (RBI) has launched an offline mode for its Central Bank Digital Currency — the ‘Digi Rupee’. This innovation allows users to transfer money seamlessly even without an internet connection, marking a major step toward inclusive digital finance across India.
Tag: Indian economy
Mercedes-Benz India Achieves Record Navratri Sales — Over 2,500 Cars Delivered in 9 Days! 🇮🇳
Mercedes-Benz India set a new festive benchmark this Navratri, delivering over 2,500 cars in just nine days — one car every six minutes! The record-breaking sales were fueled by GST Reforms 2.0, price reductions of up to 6%, and strong festive demand, marking the brand’s highest-ever September performance.
GST Rate Cut 2025: New Two-Tier Structure Announced; Goa Casinos Face 40% Levy Concern
Finance Minister Nirmala Sitharaman has introduced a two-tier GST structure effective September 22, 2025, with 5% and 18% slabs. While life and health insurance premiums have been exempted from GST, casinos in Goa face a steep 40% levy under “sin goods”, raising concerns over footfall, fresh investments, and thousands of jobs
GCCI Applauds Historic GST Reforms Aimed at Economic Growth and Social Inclusion
Goa Chamber of Commerce & Industry (GCCI) President Ms. Pratima Dhond welcomes sweeping GST reforms announced at the 56th GST Council Meeting. With simplified slabs, exemptions on insurance and essential items, and measures to support MSMEs, healthcare, and farmers, the reforms are expected to boost GDP, ease compliance, and promote financial inclusion.
India Unearths 10–20 Tonnes of Gold in Odisha; Government Prepares for Historic Auction
India’s golden reserves just got richer! A fresh discovery of an estimated 10–20 tonnes of gold in Odisha has set the stage for a historic gold block auction, signaling a major boost for the country’s mining and economic future.