Search For "boost consumption"
New VB-G RAM G Act to bring more work to households, cut inefficiencies, b
Updated : 5 months ago IST
The newly enacted VB-G RAM G Act, which replaces the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), is expected to bring more households into the rural employment framework, increase average days of work, reduce inefficiencies and boost consumption, according to a report b
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Rural consumption outshines urban demand as income growth, credit expansio
Updated : 6 months, 3 weeks ago IST
Rural India continues to lead the country's consumption recovery, outpacing urban demand despite income tax cuts and GST 2.0 reforms aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL) in its latest ECOSCOPE report titled "Rural Rules, Urban F
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GST rationalisation to boost consumption growth: Finance Ministry
Updated : 7 months, 3 weeks ago IST
"More importantly, measures to simplify the GST registration mechanism, particularly for small suppliers making supplies through e-commerce operators and an easier refund mechanism, are expected to lower input costs and improve liquidity for companies, while giving a thrust to Make in India,
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HSBC upgraded India to 'Overweight' from 'Neutral', Sensex to touch 94,000
Updated : 7 months, 3 weeks ago IST
Global brokerage HSBC has upgraded India to "overweight" from "neutral", citing improving macroeconomic conditions, attractive valuations and policy support that could boost consumption and corporate earnings.
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GST reforms a "Diwali dhamaka", will boost consumption and employment: Ekn
Updated : 7 months, 4 weeks ago IST
He further said that the opposition should welcome the decision as it had been taken for the welfare of 140 crore people.
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GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to d
Updated : 7 months, 4 weeks ago IST
Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda.
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India's GST reforms to be credit positive for consumption-focused issuers:
Updated : 7 months, 4 weeks ago IST
The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.
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Asaduddin Owaisi slams Centre's GST claims reform calls it "rhetoric and d
Updated : 7 months, 4 weeks ago IST
AIMIM chief and Hyderabad MP Asaduddin Owaisi on Thursday criticised the Centre's claim that the latest reforms in Goods and Services Tax (GST) would boost consumption and said that this rhetoric and dialogue have not helped the common man in the past decade.
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GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 7 months, 4 weeks ago IST
Global investment bank Morgan Stanley notes that the rationalisation of the Goods and Services Tax (GST) structure, approved by the GST Council, is expected to significantly boost consumption in the coming months, coinciding with the onset of the festive season.
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GST 2.0 rationalisation expected to boost consumption by Rs 1.98 lakh cror
Updated : 9 months, 1 week ago IST
The report estimated that the GST 2.0 regime, while involving an average revenue loss of Rs 85,000 crore, has resulted in a substantial consumption boost of Rs 1.98 lakh crore.
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Recovery in domestic demand, healthy rabi output & easing inflation to
Updated : 1 year, 1 month ago IST
India's domestic demand is showing signs of recovery, supported by several positive developments, according to a recent report by Crisil.
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CII urges Finance Ministry for measures to boost consumption in Union Budg
Updated : 1 year, 5 months ago IST
With the Union Budget 2025-26 slated for February 1, the Confederation of Indian Industry (CII) has demanded a slew of measures from the Finance Ministry, urging that the focus should be on boosting consumption, upping the daily minimum wage, and raising the annual payout under the PM-KISAN
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