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GST eating into cab drivers’ net earnings: IAMAI

February 09, 2026

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Financial Express Pune

APPLYING GOODS AND services tax (GST) on every ride booked through online platforms is reducing the take-home income of driver partners, and there is a need to re-look at its applicability to cab booking services, the internet platforms’ industry body IAMAI said in a letter to the government.

The Internet and Mobile Association of India (IAMAI), which represents online firms, like Rapido, Uber, and Ola, in a letter to the Finance Ministry last month, said that the issue not only impacts private online aggregators but also government-supported digital mobility platforms like Bharat Taxi.

المزيد من القصص من Financial Express Pune

Financial Express Pune

Tide turns: DIIs eclipse FIIs in Nifty50 holdings

SRIVASTAVA SAID THE change has been driven by sustained mutual fund SIP inflows, rising retail participation and steady allocations from insurance and pension funds, even as FIIs turned cautious amid global macro uncertainty, elevated overseas rates, and a stronger dollar.

time to read

2 mins

February 10, 2026

Financial Express Pune

GDP to grow 6.4% in FY27: Moody’s

INDIA'S REAL GDP growth is projected at 6.4% in 2026-27, making it the fastest-growing major economy in the G-20, Moody’s Ratings said on Monday, adding that the economic momentum underpins a stable outlook for its banking system.

time to read

2 mins

February 10, 2026

Financial Express Pune

Harley’s India-US deal gains mostly on paper

Thailand imports already duty-free, limiting scope for price cuts

time to read

2 mins

February 10, 2026

Financial Express Pune

Select MSMEs can get up to ₹25-lakh collateral-free loans: RBI

LENDERS CAN NOW extend collateral-free loans of up to %25 lakh to borrowers with a strong credit profile as per their internal policies, according to the revised lending guidelines for micro, small and medium enterprises (MSMEs).

time to read

1 min

February 10, 2026

Financial Express Pune

Tata Motors opens ₹9,000-cr JLR plant in TN, rolls out first model

LUXURY CARMAKER JAGUAR Land Rover (JLR), part of Tata Motors Passenger Vehicles (TMPV), on Monday expanded its manufacturing footprint in India with the commencement of its ₹9,000-crore manufacturing facility at Panapakkam in Ranipet district near Chennai.

time to read

1 mins

February 10, 2026

Financial Express Pune

Vaishnaw discusses India-US strategic ties with Gor

UNION MINISTER ASHWINI Vaishnaw on Monday met US Ambassador to India Sergio Gor and discussed strengthening of strategic ties between the two nations, with a focus on semiconductors and electronics manufacturing.

time to read

1 min

February 10, 2026

Financial Express Pune

Trump's squeeze tightens on Rosneft-backed Nayara

VADINAR UNIT STANDS ALONE

time to read

1 min

February 10, 2026

Financial Express Pune

Sa-Dhan to review microfinance guardrails in April

SECTOR STRESS EASES

time to read

2 mins

February 10, 2026

Financial Express Pune

Musk: SpaceX now focused on Moon over Mars

ELON MUSK SAID on Sunday that SpaceX has shifted its focus to building a “self-growing city” on the moon, which could be achieved in less than 10 years.

time to read

1 min

February 10, 2026

Financial Express Pune

BSE consolidated profit zooms 174%

STOCK EXCHANGE BSE on Monday reported a whopping 174% rise in its consolidated profit to 602 crore for the quarter ended December, driven primarily by a robust increase in revenue transaction charges.

time to read

1 mins

February 10, 2026

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