India’s Forex Reserves Falls by $10.3 Billion to $688 Billion Amid RBI Intervention

India’s Forex Reserves Falls by $10.3 Billion to $688 Billion Amid RBI Intervention

India’s forex reserves drop sharply as RBI intervenes to stabilise the rupee amid rising oil prices, capital outflows, and global economic pressure

Indian Staffing Industry Advocates for 5% GST to Boost Formal Employment

Indian Staffing Industry Advocates for 5% GST to Boost Formal Employment

The Indian Staffing Federation urges the Finance Ministry to cut GST on employment services from 18% to 5%. This move, ahead of the 56th GST Council meeting, aims to boost formal job creation, enhance industry competitiveness, and formalize the economy, with minimal fiscal impact on government revenue.