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New GST rates to create short-term fund crunch for garment retailers
The New Indian Express Dharmapuri
|September 10, 2025
THE textile and apparel sector may face a short-term liquidity crunch following the transition to new GST rates from September 22, as input tax credits (ITC) on old inventories could get blocked due to the inverted duty structure (IDS).
Tax experts caution that claiming ITC on such inventories may be challenging for retailers, indirectly affecting their cash flows.
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The New Indian Express Dharmapuri
Emotional Sanjana chasing excellence with late father in her mind
USUALLY, one may see Karnataka hoopster Sanjana Ramesh on the court sporting number 24 or 30 on the back of her jersey.
2 mins
January 09, 2026
The New Indian Express Dharmapuri
12 Maha Cong corporators join BJP after expulsion
IN a major political development, 12 Congress corporators from the Ambernath Nagar Parishad on Thursday formally joined the BJP, causing embarrassment to both national parties.
1 mins
January 09, 2026
The New Indian Express Dharmapuri
Divorce case: Vembu asked to furnish $1.7 billion bond
A court in the US, where Zoho Corporation (ZCPL) co-founder Sridhar Vembu has filed a divorce petition against wife Pramila Srinivasan, has ordered him to furnish a bond of $1.7 billion, as per media reports.
1 min
January 09, 2026
The New Indian Express Dharmapuri
Asian Waterbird Census: Plaintive cuckoo spotted for first time in south TN
PLAINTIVE cuckoo (cacomantis merulinus), usually seen in southeast Asia and NE India was spotted for the first time in south Tamil Nadu at Rajapalayam in Virudhunagar district.
1 min
January 09, 2026
The New Indian Express Dharmapuri
Dhami’s strike sinks Bengal Tigers
Boby Singh Dhami’s decisive goal earned Vedanta Kalinga Lancers a 2-1 win over Shrachi Bengal Tigers in the men’s Hockey India League match at the Mayor Radhakrishnan Stadium here on Thursday.
1 min
January 09, 2026
The New Indian Express Dharmapuri
'Rejected violence, stones, arrows for peaceful means', Wangchuk tells SC
JAILED climate activist Sonam Wangchuk told the Supreme Court on Thursday that the tenor of his speech was not to propagate violence and his appeal for peace was suppressed from the detaining authority.
1 mins
January 09, 2026
The New Indian Express Dharmapuri
Novelty of ICC’s ships must be retained: Uthappa
ON Wednesday evening at Kingsmead, Durban, Pretoria Capitals’ Shai Hope was putting on a scintillating show against Durban’s Super Giants in the SA20 league.
1 mins
January 09, 2026
The New Indian Express Dharmapuri
Why Indian govt and elon Musk-led X are crossing swords
ELON Musk-led social media platform X (formerly Twitter) is making headlines in India and globally over the hosting and generation of obscene and nude content through its AI-based services, including Grok and other xAI tools.
2 mins
January 09, 2026
The New Indian Express Dharmapuri
NCB busts drug network at Myanmar border, seizes heroin worth ₹15 crore
IN a major crackdown, the Narcotics Control Bureau (NCB) seized 7.312 kg of premium-quality heroin worth ₹15 crore hidden inside 638 soap cases and arrested two traffickers operating near the India-Myanmar border, the agency said on Thursday.
1 mins
January 09, 2026
The New Indian Express Dharmapuri
People's scientist who gave Nature a voice
MADHAV
1 mins
January 09, 2026
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