This week there was a mixed passage of GST rates for consumers, a one-time H-1B visa fee of $ 100,000 set by US President Donald Trump, government assurance that food prices will remain under control despite several agricultural states and the costs of exceeding large infrastructure projects.
Here is compilation of messages this week in numbers.
GST revision has mixed results
At the beginning of this week, the massive revision of Indian taxes from goods and services (GST) entered into force, which increases the expectations of cheaper products. The automotive sector quickly announced that it has passed advantages to consumers. Several fast -moving consumer goods (FMCGs) made similar notifications of goods, including soaps, shampoos, milk and dairy products.
For smaller packages, however £1, £5 and £10 price points, Mint reported. While the complete passage of GST cuts could reduce inflation in the next 12 months by up to 1 percent, partial passage can limit it to only 30-50 basis points, economists estimate.
Trump’s immigration interventions
US President Donald Trump signed a executive order last week and deposited a one-time fee of $ 100,000 for new H-1B visa requests and discouraged hiring foreign company staff in the US. This step will mainly affect Indian employees who represent more than 70% of all H-1B visa holders, and Indian information technologies (IT) relying on them.
In the context, a one -time fee is higher than the annual compensation for many workers and can double the costs of a visa sponsor, at least in the first year. Applicants who usually earn less than men may be an even greater disadvantage.
Promise of food prices
Despite devastating floods in key agricultural states, such as Pandjab and Haryana, the Indian government is convinced of maintaining prices under control next year. The Ministry of Consumers recently assured the Indian Reserve Bank (RBI) that food prices would remain stable until July 2026, Mint reported, quoting people who are familiar with this matter.
Inflation has decreased sharply over the last year, mainly due to the steep drop in food prices, especially vegetables. While inflation is expected to remain low, economists warn torrential precipitation that could put pressure on prices.
Start financing: Vibrations are back
Buzz around the vibration of coding allowed Indian startups to develop these platforms for artificial intelligence to ensure significantly larger rounds of financing than $ 1-10 million, which usually appear in the early phase agreements, Mint reported.
This year, Indian Vibe Coding Startups Rocket, Emergent and Composio increased between $ 15 million and $ 25 million, which revived investors’ interest in the space of the creator of the platform without code. Vibe coding AI mixtures with traditional software development tools, allowing users who lack the knowledge of coding, creating applications on challenges.
Infra projects are budget budgets
Delays and cost exceeding are a common problem for large infrastructure projects in India. According to government data since August, the Ministry of Railway had the highest cost exceeding, with ongoing projects £150 crore exceeding the original budget by more than 20%.
The Ministry of Railway has more infrastructure projects than other ministries. The Ministry of Energy also had considerable costs exceeding, with the projects exceeding the original budget by 17%. Projects within the Ministry of oil and natural gas exceeded their initial costs by 16%.
(Tagstotranslate) Reducing GST
