Search For "consumption"
Sitharaman announces significant simplification in GST to dual rate struct
Updated : 5 months, 1 week ago IST
In a significant simplification in the GST regime, which will benefit the common man, Finance Minister Nirmala Sitharaman on Wednesday announced consolidation of 12% and 18% slabs into a dual rate structure of 5% and 18% besides 40% for sin goods.
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India's semiconductor consumption to rise multifold to USD 100-120 billion
Updated : 5 months, 1 week ago IST
India's semiconductor consumption is expected to scale to upwards of USD 120 billion market by 2030, a sizable increase from the current USD 24 billion offtake, Sandeep Kumar, CEO, L&T Semiconductor Technologies Ltd, and Chairman of the newly-formed Semiconductor Product Leadership Forum, sa
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With 7% CAGR in income over past decade, demand for premium product increa
Updated : 5 months, 1 week ago IST
India is entering a new phase of consumption as rising incomes steadily expand the base of premium-ready consumers, according to a report by SOIC Research.
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Auto sector growth recovers in August by increased rural demand and higher
Updated : 5 months, 1 week ago IST
India's automobile industry recorded strong growth in August 2025, as festive season buying and steady rural demand pushed sales across two-wheelers, tractors, and commercial vehicles. According to various company data, manufacturers reported gains that underline a recovery driven by both do
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Crisil maintains India's FY26 GDP forecast at 6.5%, private consumption to
Updated : 5 months, 1 week ago IST
Crisil has maintained India's GDP growth forecast for the current fiscal year, 2025-26, even as it sees downside risks emanating from US tariffs.
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SPJIMR WISE Tech leads dialogue on sustainable consumption
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], September 1: Bharatiya Vidya Bhavan's S.P. Jain Institute of Management & Research (SPJIMR) WISE Tech Centre has released a white paper titled 'From Intent to Action: Steering Sustainable Consumption Choices', revealing a striking disconnect between Indian consu
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Steady domestic consumption trend, manufacturing growth signals positive o
Updated : 5 months, 1 week ago IST
Steady domestic consumption is expected to provide a strong boost to demand during the upcoming festive season, according to a report by Bank of Baroda.
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GST reforms to aid consumption and sustain growth, however tariff risks cl
Updated : 5 months, 1 week ago IST
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
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Despite US tariffs and geopolitical uncertainty, growth forecast retained
Updated : 5 months, 1 week ago IST
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
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GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 6 months, 2 weeks ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
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Robust fundamentals, reform push drive India's economic resilience: Financ
Updated : 6 months, 2 weeks ago IST
The government's recent policy initiatives, including the setting up of a Task Force for Next-Generation Reforms and the forthcoming GST reforms, deregulation initiatives of the States, coupled with the sovereign rating upgrade, are set to reduce borrowing costs, attract foreign capital, and
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India's huge domestic consumption can offset export losses to US: GTRI
Updated : 6 months, 2 weeks ago IST
The 50 per cent Trump tariffs on India come into effect starting today, posing challenges for the country's US-oriented exporters.
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