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TREND | 30 Apr 2025

India's restaurant sector can create 15 million jobs by 2028: NRAI

Business Standard

India's restaurant sector has the potential to provide employment to 1.5 crore people by 2028, from 85 lakh at present, provided it gets the "right impetus" from the government including an 'industry' status and benefit of input tax credit on GST, National Restaurant Association of India's (NRAI) Vice President Zorawar Kalra said on Wednesday. The NRAI claims to represent 5 lakh restaurants across the country. The association has been at loggerheads with food delivery aggregators like Swiggy and Zomato primarily over the aggregators' foray into the quick-commerce space with their own private-label brands, arguing this move undermines fair competition and harms independent restaurants. "We don't have a separate industry status, that would be a big positive move, as it would give us a voice," Kalra told PTI. The NRAI Vice President, who is also the Founder and Managing Director of Massive Restaurants Pvt. Ltd, described the lack of input tax credit on GST as a "major issue" faced by t

India Policy and Reforms

TREND | 29 Apr 2025

Sebi chief asks retail investors to stay invested despite market volatility

Business Standard

India is in a reasonably good spot despite global headwinds and retail investors should stay invested for long market volatility notwithstanding, Sebi Chairman Tuhin Kanta Pandey said on Tuesday. India has shown a lot of resilience ever since the tariff war began to impact markets worldwide, Pandey said in an exclusive interview with PTI. "I would suggest that...despite the global headwinds, India is in a reasonably good spot," the markets regulator said, highlighting the economic strength of the country. These include consistent economic growth, low fiscal deficit, reasonable external debt, no twin balance sheets problem and manageable current account deficit, among others, Pandey said, adding that the country is also negotiating various bilateral trade deals. "No doubt, there are global headwinds, arising from the geoeconomic fragmentation in the past as well as trade actions, especially by the US," he said. Over the impact of the ongoing volatility on the retail investors, Pand

India Policy and Reforms

TREND | 29 Apr 2025

Indian Mineral Industry Demands Extension Of Export Benefits Amid Tariff Uncertainties

NDTV Profit

This demand comes shortly after a similar appeal made Aluminium Association of India's representation to Finance Ministry.

India Policy and Reforms

TREND | 29 Apr 2025

India can strengthen trade, manufacturing amid global uncertainty: FinMin

Business Standard

While highlighting that uncertainties stemming from global developments are a risk for the growth outlook for FY26, the finance ministry said

Perception of prolonged uncertainty may put a break on private capex: FinMin report

Business Line | 29 Apr 2025 1 more

India Policy and Reforms

TREND | 29 Apr 2025

The price of building India: Why cement remains in the 28% GST slab

Business Standard

Cement contributes significantly to the government exchequer not just due to its high tax rate, but also because credit availment is blocked and restricted under the statute

Paytm's First Games gets 5,712 crore GST notice over tax rate dispute

Business Standard | 29 Apr 2025 1 more

India Policy and Reforms

TREND | 28 Apr 2025

SEBI Comes Out With Timelines For Brokers To Collect Margins

NDTV Profit

The decision has been taken due to the shift from T+2 to T+1 settlement cycle.

Sebi comes out with timelines for brokers to collect margins

Economic Times | 28 Apr 2025 1 more

India Policy and Reforms

TREND | 28 Apr 2025

No relief from QCO for inputs imported under advance authorisation scheme

Business Standard

Rajagopalan answers SME queries related to GST, export and import matters

India Policy and Reforms

TREND | 28 Apr 2025

ED searches premises of Gensol in Ahmedabad & Gurgaon

Business Line

The promoters of Gensol Engineering --- Anmol Singh Jaggi and Puneet Singh Jaggi --- are currently under the scrutinyof marketregulator SEBI over allegations ofdiversion of funds meant for purchase of electric vehicles

Sebi bars Patel Wealth Advisors, 4 directors over 'order spoofing' charges

Business Standard | 28 Apr 2025 1 more

India Policy and Reforms

TREND | 28 Apr 2025

SEBI Cracks Down on Stockbroker for Spoofing Scam

NDTV Profit

SEBI has barred five entities from buying, selling, or dealing in securities until further notice, apart from liquidating existing holdings within three months under strict conditions.

India Policy and Reforms

TREND | 28 Apr 2025

Elon Musk Says Robots Will Surpass Best Human Surgeons In Next Five Years

NDTV Profit

Elon Musk shared on X that his Neuralink company recently used a robot to insert brain-computer electrodes, as the task couldn't be performed by humans with the same precision.