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Top Stories | States wary on GST rate rejig, New RBI Guv takes charge, Mobikwik IPO and more

Top Stories | States wary on GST rate rejig, New RBI Guv takes charge, Mobikwik IPO and more


Published on 2024-12-11 12:00:54 - cnbctv18
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The article from CNBC-TV18 discusses several key economic and business developments in India. States are showing reluctance towards a GST rate rejig, particularly concerning the potential increase in the tax rate for cement from 28% to 31%, which could impact construction costs. Shaktikanta Das has taken over as the new Governor of the Reserve Bank of India (RBI), succeeding Urjit Patel, with expectations set on his approach to monetary policy and economic stability. Additionally, MobiKwik, a digital wallet and payments service provider, is preparing for an IPO, aiming to capitalize on the growing digital payment market in India. The article also touches on the broader economic context, including the government's efforts to boost the economy through various reforms and the ongoing debate over fiscal federalism and GST compensation to states.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/business/top-stories-states-wary-on-gst-rate-rejig-new-rbi-guv-takes-charge-mobikwik-ipo-and-more-19522751.htm ]

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