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boAt plans offline push in tier 2-3 cities, global expansion to aid growth, says CFO| Staffing industry urges finance ministry to lower GST slab to 5%
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ETCFO Newsletter | Monday, July 7, 2025

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Top Stories
In an exclusive interview with ETCFO, the company's chief financial officer, Rakesh Thakur said that his company now plans expansion in Middle East, ...
The Indian Staffing Federation (ISF) has appealed to the finance ministry to lower the GST rate on employment services from 18% to 5%. ISF argues that...
India and the US are on the verge of finalizing a mini trade deal, potentially excluding sensitive sectors like dairy and agriculture. The agreement, ...
Donald Trump has sent tariff letters to many countries. These letters contain final trade deal proposals. The letters were sent on July 7. Some countr...
The Jammu & Kashmir government is advocating for a reduction in the GST on handloom and handicraft products, including pashmina shawls and silk carpet...
 
Policy & Macro
The Centre is preparing to introduce significant amendments to nuclear power laws, potentially allowing private sector involvement in key areas like a...
India is in talks for investment treaties with nations like Saudi Arabia and Russia. These treaties aim to protect and boost investments. Deals with s...
SBI is navigating surplus liquidity, a welcome shift attributed to the RBI's actions. The bank anticipates a further policy rate cut this year, contin...
On the sidelines of the BRICS Finance Ministers meeting in Rio de Janeiro, Nirmala Sitharaman engaged in bilateral talks with counterparts from Russia...
 
Governance, Risk & Compliance
Sebi's interim order against Jane Street has brought renewed focus on the role of stock exchanges in overseeing market conduct. While the regulator n...
 
Accounting, Legal & Tax
The Institute of Chartered Accountants of India has released the May 2025 CA results for Foundation, Intermediate and Final exams. Mumbai's Rajan Kab...
 
Business & Fund raising
Adani Enterprises plans to raise ₹1,000 crore via non-convertible debentures. The NCDs will offer yields up to 9.30% with a 60-month tenor. Subscrip...
 
International
Donald Trump has issued a warning to BRICS member countries. He stated that any nation aligning with 'anti-American' policies will face a 10% tariff. ...
America anticipates finalising trade agreements before the July 9 deadline. Treasury Secretary Scott Bessent indicates potential announcements soon. L...
 
Industry
Given the current higher demand and lower supply of PVC in India, the Adani project will help reduce the supply gap and import dependency.
 
Corporate
Borosil Renewables is winding down its German subsidiary due to challenges from Chinese solar panel dumping and insufficient protective measures, lead...
Nykaa anticipates a consolidated net revenue growth in the mid-20% range for the June quarter, fueled by strong performance in its core beauty segment...
 
Economy
Rajiv Memani of CII reports that private investment remained stable recently. However, a revival is expected due to increased demand and lower interes...
 
 
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