The recent rationalisation of Goods and Services Tax (GST) is expected to add about 200 basis points to the revenue growth of India's organised apparel retail sector this fiscal, keeping it steady at 13-14 per cent for the second straight year, according to a Crisil Ratings report.
India's automobile market is witnessing a fundamental shift in buyer preferences, with SUVs firmly overtaking hatchbacks as the country's preferred passenger vehicles.
Global investment bank Goldman Sachs expects India's economic growth to strengthen in 2026, driven by easing financial conditions, domestic regulatory relaxation, and moderation in external headwinds.
India's luxury watch market is poised for strong expansion, with annual growth estimated at 11-12 per cent, supported by the country's rising affluent base and growing wealth among high-net-worth individuals (HNIs), according to a recent report by SOIC Research.
The information technology (IT) services sector in India is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains weak, noted in a report on India's IT services by Goldman Sachs.
Union Minister Piyush Goyal has said that the recent surge in Foreign Direct Investment (FDI) in the country reflects the growing attractiveness of the Indian economy to global investors.
"Foreign firms are gradually being allowed to acquire Indian banks. These imprudent moves pose substantial risks. First, Laxmi Vilas Bank was acquired by Singapore's DBS Group. Second, Catholic Syrian Bank was acquired by Canada's Fairfax. Third, Japan's Sumitomo Mitsui Banking Corporatio
"The true spirit of Diwali lies in sharing joy, compassion, and togetherness. These children are our future, and it is our collective responsibility to ensure they grow up with love, dignity and opportunities," stated the Chief Minister Sukhu.
With consumers in both urban and rural areas showing greater flexibility in spending, driven by GST reforms and easing inflation, Fast-Moving Consumer Goods (FMCG) companies have begun setting more ambitious growth targets.
"A growth rate of 6.5 per cent is not a moment of celebration. It means that India is stuck in the lower-middle income trap without the ideas or the intrepidity to break out. It is a time for summoning Manmohan Singh-like courage," Chidambaram posted on X.
Haryana Chief Minister Nayab Singh Saini on Saturday addressed election rallies in Bihar and said that the state is now rapidly advancing on the path of development, with public confidence in the NDA government growing stronger.
"Accordingly, rate reduction, simplifying the process, bringing down the number of slabs from four to two, and resolving classification-related issues have all been completed well before time. Next-Gen GST Reforms came into effect from the first day of Navratri, and I feel the people of I