Investigation agency encounters Shikhar Dhawan in specific matter
=======================================================================================
ET Now Digital brings you the latest updates from the world of business, stocks, companies, and breaking news events. Here's a quick roundup of the day's top stories.
GST Reforms 2025
The government has announced significant reforms to the Goods and Services Tax (GST) structure, aiming to streamline the taxation process and boost economic growth. The changes include a reduction in GST rates for several goods and services, as well as measures to simplify compliance for businesses.
Inverted Duty Structure in GST
The government is also working on addressing the issue of inverted duty structures in the GST system. This move is expected to benefit sectors like textiles, footwear, and auto components, by reducing their input tax credit problems and lowering production costs.
Bima Vistaar Yojana
The government has launched the Bima Vistaar Yojana, an initiative aimed at increasing insurance penetration in the country. The scheme offers affordable insurance policies to a wide range of people, including farmers, micro, small, and medium enterprises, and women.
Troubles for Anil Ambani
Reliance Group chairman Anil Ambani is facing fresh troubles as the Supreme Court has ordered him to pay Rs. 4,000 crores to Ericsson India by August 23, 2025. The payment is part of a long-standing dispute between the two companies.
Google Fined in France
Google has been fined €500 million by French regulators for breaching antitrust rules. The tech giant is accused of promoting its own shopping service over those of its competitors.
Stock Market Returns
The stock market has seen a mixed performance this week, with the Sensex and Nifty fluctuating due to global cues and domestic economic factors. Investors are advised to stay cautious and diversify their portfolios.
Best Stocks to Buy After GST Rate Cut
With the recent GST rate cuts, several sectors are expected to see a boost. Experts suggest that stocks in sectors like consumer durables, automobiles, and real estate could be good buying opportunities post the GST rate cuts.
Stock Market Today Predictions
Analysts predict a volatile day ahead for the stock market, with the Sensex and Nifty likely to move in a range due to uncertainty over global trade tensions and domestic economic factors.
Cricket and the Enforcement Directorate
In a surprising turn of events, cricketer Shikhar Dhawan was summoned by the Enforcement Directorate (ED) regarding a betting app. Dhawan appeared before the ED on September 4, 2025, in connection with a money laundering case linked to the illegal betting app 1xBet. It is important to note that this case is separate from his involvement in the betting app proceedings. Prior to him, former cricketer Suresh Raina was also questioned by the same agency in this case.
Stay tuned to ET Now for the latest updates on these and other breaking news events.
Read also:
- Stopping Osteoporosis Treatment: Timeline Considerations
- Tobacco industry's suggested changes on a legislative modification are disregarded by health journalists
- Trump's Policies: Tariffs, AI, Surveillance, and Possible Martial Law
- Expanded Community Health Involvement by CK Birla Hospitals, Jaipur, Maintained Through Consistent Outreach Programs Across Rajasthan