NEW DELHI: The Goods and Services Tax rates on cancers drugs has been brought down from 12% to 5%, Union finance minister Nirmala Sitharaman announced on Monday after the conclusion of the 54th GST council meet. Further, GST rates on namkeens and savoury food items has also been prospectively reduced from 18% to 12%. A…
MUMBAI: Start Health & Allied Insurance has said that it will hike rates by 10-15% in a segment of its policies. The company has said that hospital charges that rose during Covid have not been corrected and that reducing the waiting period for pre-existing illnesses would also require higher rates. “We have planned for a…
MUMBAI: Reserve Bank of India governor Shaktikanta Das on Thursday announced the monetary policy committee’s decision to keep rates on hold for the ninth consecutive time, citing strong demand and the need to maintain inflation’s declining trajectory.“The MPC decided by a majority of 4:2 to keep the policy report unchanged at 6.5%. Consequently, the standing…
