Search For "consumption"
AI reshaping manufacturing with predictive maintenance and intelligent aut
Updated : 5 months, 1 week ago IST
Innovations in the manufacturing and industrial sector have focused on predictive maintenance coupled with intelligent automation and supply chain optimization. Artificial Intelligence-based tools are now forecasting indirect material consumption as well as reducing inventory levels and impr
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GST 2.0 to boost FMCG consumption, larger packs items to get benefit from
Updated : 5 months, 1 week ago IST
The latest Goods and Services Tax (GST) rate rationalization is expected to give a strong boost to the fast-moving consumer goods (FMCG) sector, according to a report by Nuvama.
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Central govt's revenue loss due to GST rate reduction will be Rs 3700 cror
Updated : 5 months, 1 week ago IST
The revenue loss of the central government due to the recent GST rate reduction will be around Rs 3,700 crore in FY26, as higher growth and a boost in consumption have reduced the impact on revenues, according to a report by the State Bank of India (SBI).
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GST rationalisation progressive step, big booster to India's economic grow
Updated : 5 months, 1 week ago IST
"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's econo
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Asaduddin Owaisi slams Centre's GST claims reform calls it "rhetoric and d
Updated : 5 months, 1 week 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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South Korea's economy grows 0.7% in Q2 on stronger exports, consumption
Updated : 5 months, 1 week ago IST
South Korea's economy has shown signs of recovery, with a 0.7 per cent growth in the second quarter of 2025, slightly surpassing the Bank of Korea's earlier estimate of 0.6 per cent, "thanks to stronger consumption and exports", Maeil Business Newspaper reported, citing the country's central
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GST reforms will be transformational for the business: Union Minister Piyu
Updated : 5 months, 1 week ago IST
Union Minister of Commerce and Industry, Piyush Goyal, on Thursday, said that the reduction in GST rates will provide a tremendous and unprecedented boost to consumption demand. While addressing the Bharat Nutraverse Expo 2025, he noted that the industry can now aspire for a much greater vol
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GST cut on dairy products will encourage wider adoption of milk products:
Updated : 5 months, 1 week ago IST
The government's recent move to reduce Goods and Services Tax (GST) rates on dairy products has been welcomed by the country's leading dairy cooperatives, which said the step would encourage wider adoption of milk products and support millions of farmers.
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GST rate cuts will improve affordability and give a fillip to consumption:
Updated : 5 months, 1 week 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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With GST 2.0, Govt's focus shift from capex oriented spending to consumpti
Updated : 5 months, 1 week ago IST
The government's announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country's economic strategy.
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Unlocking Opportunity in Southeast Asia's Dairy and Beef Sectors with U.S.
Updated : 5 months, 1 week ago IST
Bandung [Indonesia], September 4: Southeast Asia's appetite for animal protein is accelerating, with consumption expected to grow more than 20% by 2031, fueled by rising incomes, urbanization, and population growth[1]. In response, the U.S. Soybean Export Council (USSEC) hosted the inaugural
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Anand Mahindra calls for 'more reforms to unleash consumption, investment'
Updated : 5 months, 1 week ago IST
His remark came following the government's announcement of sweeping reductions in Goods and Services Tax (GST) rates on a wide range of essential items, automobiles, agricultural inputs, and electronic appliances.
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