India’s GST rationalization, effective September 22, aims to boost consumption and growth by compressing the rate structure. Business leaders anticipate it will soften the impact of US tariffs and stimulate demand, benefiting sectors like FMCG and retail. Economists note uneven tax receipts, while others predict a strong policy push alongside recent rate cuts. Post navigation GST revamp: Jewellery sector’s tax rate steady at 3%; industry sees indirect gains but mixed outlook US job market: Jobless benefit applications see slight increase; America maintains ‘no hire no fire’ pace
