The rationalisation of GST slabs and targeted measures to make essential and aspirational goods more accessible have significantly boosted consumer confidence, resulting in record-breaking consumption across key sectors, they said
Riding on the GST 2.0 reforms, festive demand and robust customer interest, Hyundai Motor India Limited (HMIL) on Wednesday reported its highest-ever SUV contribution in its monthly sales for September.
The automobile sector is expected to record strong year-on-year growth in sales across all segments in September, supported by festive demand and positive customer sentiment, according to a report by Nuvama Research.
India's Goods and Services Tax (GST) 2.0, has been hailed as a "GST booster shot" for consumption-led growth, with major reliefs announced for sectors including FMCG, MSME, textiles, automobiles, healthcare, insurance, electronics and construction, noted a report by the Union Bank of India.
Muzaffarnagar (Uttar Pradesh) [India], September 18: Uttar Pradesh: India's real estate spotlight is shifting. The next chapter isn't being written only in Delhi, Mumbai, or Bengaluru, but in the smaller cities that highways, expressways, and new industries are putting on the map. That is wh
Festive season, cultural demand, and GST reforms could boost gold jewellery buying in India even as the yellow metal rates are at record highs, Mirae Asset Mutual Fund has said in a report.
The report stated that if the 50 per cent tariff remains, retailers may need to renegotiate prices with suppliers, and Indian manufacturers will likely have to absorb a significant portion of the cost increase.
Consumer companies are expected to report improved performance in the second half of the current financial year, aided by festive season demand and the benefits of Goods and Services Tax (GST) reforms, Systematix Research said in a report.
The month of August concluded with a 2.84 per cent year-on-year (YoY) growth, led by upticks in performances in 2-wheelers (2.18 per cent), passenger vehicles (0.93 per cent), and commercial vehicles (8.55 per cent), while tractors registered a 30.14 per cent YoY growth. Only 3-wheelers decl
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.
New Delhi [India], August 7: In a move widely anticipated by market watchers, the Reserve Bank of India has chosen to maintain the repo rate at 5.5%, following a cumulative 100 bps reduction over the past three Monetary Policy Committee (MPC) meetings. For the real estate sector, this pause