Mumbai (Maharashtra) [India], September 18: As India's economy continues to expand, driven by rising consumption, increasing disposable incomes, and growing demand supported by lower interest rates, the country's leading companies--sector leaders--are uniquely positioned to capitalise on the
GST 2.0 is set to almost triple the share of items taxed at 5 per cent, rising from 54 consumption categories under GST 1.0 to 149 categories under GST 2.0, as per a recent study by FICCI CASCADE. For rural households, the share of exempt and merit goods in their consumption basket will rise
Indian stock markets fared well even as the country faced US tariffs on its goods, primarily due to the strong domestic fundamentals that include robust consumption and recent GST reforms, according to a Bank of Baroda report.
New Delhi [India], September 13: There is no shortage of content for entertainment lovers, thanks to the multiple OTT platforms available. While this is surely a blessing, the process of remembering different login credentials, tracking renewal dates, and varying subscription costs often mak
Mumbai (Maharashtra) [India], September 11: Nykaa, India's preferred beauty and lifestyle destination that has revolutionized beauty consumption in the country, will celebrate its UK debut on September 11th in London. Having already established a strong presence in the GCC through its omnich
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.
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.
Bengaluru (Karnataka) [India], September 9: Dairy Day, one of India's most loved ice cream brands, has welcomed the Government of India's announcement on the revised Goods and Services Tax (GST) structure. The brand believes that this reform is one of the most significant milestones after th
India's increased domestic production and consumption of steel are attracting Japan's steel companies to expand their businesses in India through more and more joint ventures.
Artificial Intelligence (AI) data centres are expected to significantly increase global water consumption in the coming years, according to a report by Morgan Stanley.
The rating agency stated that the reductions in the Goods and Services (GST) will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates.
Global financial services firm Bernstein also echoed similar sentiments to those of several other experts that the sweeping GST rate cuts will boost India's consumption.