Chandrababu plans to explain the state’s ongoing economic reforms. He will outline improvements in GST collections and detail steps taken to reduce financial burdens. Additionally, he aims to update the Governor on Andhra Pradesh’s broader fiscal strategies. These discussions are expected to help strengthen coordination between the state and the Centre.

The Chief Minister may also highlight ongoing development efforts in Visakhapatnam. He intends to present updates on investment promotion activities and key technology projects. The government is working on expanding initiatives in artificial intelligence and drone technology to attract global attention.

Officials from Lok Bhavan clarified that the meeting carries no political motive. They expect the interaction to last for more than an hour. The discussion will mainly focus on governance, development and administrative updates that impact the state’s future direction.

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Setty praised SBI’s fast responses and high-quality services, which capital market leaders widely appreciated. He said the bank will not only provide banking solutions but also help shape India’s financial future.

SBI reported a 12.5% rise in net profit to Rs 19,160 crore for Q1 FY26, compared to Rs 17,035 crore last year. Operating profit grew 15.5% to Rs 30,544 crore. Investor confidence improved as BSE-listed companies reached a combined value of Rs 465 lakh crore, near last year’s peak.

The Reserve Bank of India’s potential easing and softening inflation supported market optimism. Strong performances from PSU, auto, bank, metal, and oil & gas sectors further boosted markets. Experts predict corporate earnings may grow above 15% in FY27 due to GST reforms, improving foreign investor sentiment.

The post SBI Highlights Financial System Role in Viksit Bharat 2047 appeared first on India Podcast.

S&P Global reported that India’s GDP rose 7.8% in the June quarter, higher than expected. Inflation is now forecast at 3.2% this fiscal year after food prices dropped. The Reserve Bank of India may cut interest rates by 25 basis points.

Domestic demand remains strong as consumer spending and government investment continue to rise. India stands out in Asia-Pacific for resilient growth despite global challenges. Higher U.S. tariffs and slower global trade have slowed other regional economies.

China, by contrast, faces weaker exports and slowing domestic consumption. S&P expects China’s GDP to grow 4% in the second half of 2025 and 2026. Falling housing sales and low consumer confidence are adding pressure.

The post India’s GDP to Hold at 6.5% in FY26: S&P Global appeared first on India Podcast.

On Sunday (September 21), PM Modi spoke about the benefits of GST reforms in his address to the nation. The revised GST rates came into effect the next day. Reacting to this, Abdullah said, “You are talking about GST, but it would have been better if you had spoken about our statehood.”

Abdullah also expressed hope that the Supreme Court, which will hear petitions on J&K in October, will deliver a fair judgment. “Not just the NC, but every citizen of J&K wants statehood back,” he told reporters in Srinagar.

On other questions, Abdullah said the case of JKLF chairman Yasin Malik lies with the courts. He also reacted to the detention of AAP MLA Mehraj Malik. According to him, the legislator’s language was wrong, but booking him under PSA was an overstep. “They could have solved it through talks,” he added.

The post Farooq Abdullah Says PM Should Have Talked About J&K Statehood appeared first on India Podcast.

Speaking on social media, Kangana Ranaut praised the leadership for introducing reforms that focus on digital compliance, reduced paperwork, and greater ease of doing business. She highlighted that these changes will encourage entrepreneurship, boost manufacturing, and bring small traders into the formal economy.

The Centre’s next-gen GST reforms aim to improve efficiency in revenue collection, cut down on tax evasion, and strengthen cooperative federalism. According to the government, the policy will also benefit states by ensuring timely tax sharing and a more predictable revenue flow.

Kangana Ranaut, who has often voiced her views on national development, said the reforms represent India’s push toward becoming a self-reliant and globally competitive economy. She added that structural changes like GST are vital for achieving the long-term vision of a developed nation under the Viksit Bharat mission.

The post Kangana Ranaut Hails Centre’s Next-Gen GST Reforms appeared first on India Podcast.

The initiative coincides with GST 2.0, which introduces a two-slab tax system. GST on over 375 daily-use items has been cut. Prime Minister Narendra Modi described the campaign as a “festival of savings” for all Indians.

During the campaign, MPs and party workers will conduct daily padyatras in selected markets. They will greet shopkeepers with flowers and distribute placards promoting Swadeshi and Made-in-India products. The campaign also emphasizes supporting local businesses.

The outreach aims to help the poor, middle class, MSMEs, women, and youth by lowering household expenses. MPs will submit daily reports of their activities to central and state offices. The new GST rates will simplify compliance for businesses and make essential items more affordable nationwide.

The post BJP Launches ‘GST Savings Festival’ Nationwide appeared first on India Podcast.

The CM noted that the reduction of tax rates on essential and aspirational goods will bring direct relief to households. He added that GST reforms will simplify compliance for small traders and entrepreneurs, making markets more competitive. Uttarakhand CM thanks PM Modi for GST reforms, highlighting their role in ensuring transparency and fairness in the tax system.

According to him, these reforms mark a turning point in India’s economic journey. The rationalisation of rates and the expansion of the tax base will encourage growth across industries. The CM also stated that Uttarakhand’s tourism and local industries will benefit from lower costs and improved demand.

He concluded by saying that PM Modi’s leadership has ensured that GST becomes a tool for inclusive development and long-term prosperity.

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Speaking at a public event, Amit Shah explained that before the launch of GST, India’s taxation system was complex and scattered. Different states had different tax structures, which created confusion and made it difficult for businesses to expand across state borders. According to him, GST reforms simplified the system, removed barriers, and created a single national market.

He added that GST brought transparency and reduced corruption, as every transaction became traceable in the digital framework. Compliance improved, and revenue collections rose steadily, proving the effectiveness of the reform. Shah pointed out that several governments had tried to introduce GST but failed due to lack of political will. Prime Minister Modi, he stressed, not only promised the reform but also ensured its successful implementation.

Highlighting India’s global rise, Amit Shah said that the country’s growing economy is evidence of strong policies. He linked GST reforms with India’s improved credibility among global investors, stating that a simplified tax structure has boosted investor confidence.

Shah concluded by reaffirming that Prime Minister Modi fulfilled the constitutional promise of GST reforms and paved the way for India’s economic growth. He described the reform as a symbol of Modi’s determination and vision to strengthen the nation’s financial foundation.

The post Made Constitutional Promise and Fulfilled It: Amit Shah on GST Reforms appeared first on India Podcast.

At the opening bell, the Sensex rose by 289 points to touch 81,007.03, while the Nifty climbed 92 points to reach 24,826.05. Market experts said the positive momentum reflects investor confidence in the government’s decision to simplify the GST structure and reduce tax rates on key sectors.

Analysts noted that the reforms, which cut down the number of tax slabs and lowered rates on essentials and services, are expected to boost consumption and support corporate earnings in the coming quarters. Sectors like banking, FMCG, and automobiles led the rally, while IT stocks also showed steady buying interest.

Global cues also played a supportive role. Asian markets traded firm despite lingering concerns over global tariffs and currency fluctuations. With foreign investors showing renewed interest, Indian equities are expected to maintain their upward trajectory in the short term.

Market strategists, however, cautioned that while GST reforms have created immediate bullish sentiment, sustained growth will depend on earnings data and macroeconomic stability in the coming months.

For now, the surge in stock indices has given markets a festive boost, setting the tone for what traders hope will be a strong September series.

The post Indian Stock Markets Rally as GST Reforms Lift Investor Sentiment appeared first on India Podcast.

Pawan highlighted that the removal of GST on education and life insurance will bring significant relief to millions of households, easing financial burdens and improving access to essential services. He described the reforms as a “true Diwali gift” for the nation, emphasizing the positive impact on ordinary citizens.

The actor-turned-politician also extended special thanks to Finance Minister Nirmala Sitharaman and the GST Council for their decisive role in approving and implementing these reforms, which aim to simplify the tax structure, promote affordability, and strengthen the economic well-being of the common people.

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