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GST cut on air purifiers lies solely within GST Council's domain: Centre t
Updated : 4 months, 2 weeks ago IST
Placing its stand on record, the Centre contended that the GST Council, constituted under Article 279A of the Constitution, is an instrument of cooperative federalism comprising the Union and all States, and is the sole body empowered to recommend GST rates, exemptions and classifications
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Indian banks' market capitalisation rises in Q3 on festive demand, tax cut
Updated : 4 months, 2 weeks ago IST
Most Indian banks recorded an increase in market capitalisation during the October-December quarter, supported by festive season demand and cuts in the goods and services tax (GST), according to S&P Global Market Intelligence data.
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Auto component sector to gain from strong order pipeline, demand recovery
Updated : 4 months, 2 weeks ago IST
The auto component sector is expected to benefit from a strong order pipeline and a recovery in demand across passenger vehicles (PV), two-wheelers (2W) and three-wheelers (3W) following the recent GST cut, highlighted a report by Centrum.
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GST cuts, lower input costs to boost consumer staples margins in Q4 FY26:
Updated : 4 months, 2 weeks ago IST
The margins of consumer staple companies are expected to improve in the fourth quarter of FY26 (January-March) as lower consumer prices following GST cuts support recovery, according to a report by Systematix Research.
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JPC examines three key bills; experts back proposals in principle, seek cl
Updated : 4 months, 3 weeks ago IST
In today's meeting, four eminent legal experts presented to the committee. These included Justice (Retd.) Dinesh Maheshwari, Chairperson of the Law Commission of India, Dr Anju Rathi Rana, Member-Secretary of the Law Commission, Prof (Dr) GS Bajpai, Vice Chancellor of National Law Univers
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Robust demand, operating leverage set to drive bumper Q3 for auto sector:
Updated : 4 months, 3 weeks ago IST
Aggregate revenue for listed auto companies under coverage (excluding Tata Motors PV) is expected to rise about 22% year-on-year, while EBITDA is forecast to grow faster at 24%, signalling a rare phase where volumes, pricing and operating leverage are all working in tandem.
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PM Modi lauds commissioning of ICGS Samudra Pratap, says "adds strength to
Updated : 4 months, 3 weeks ago IST
The Indian Coast Guard Ship (ICGS) Samudra Pratap, the first of two Pollution Control Vessels (PCVs) built by Goa Shipyard Limited (GSL), was commissioned on January 5 by Defence Minister Rajnath Singh.
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Despite global uncertainties, domestic reforms may lead to GDP growing 6.9
Updated : 4 months, 3 weeks ago IST
Ind-Ra sees potential for FY27 growth to outstrip predictions, particularly with a swift Indo-US trade deal and a favorable Indian Ocean Dipole mitigating El Nino impacts. Conversely, a weaker-than-expected revival in demand could temper growth. Upcoming changes to the base year for GDP a
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Auto retail sales rise 7.7% in 2025 as GST 2.0 sparks second-half revival:
Updated : 4 months, 3 weeks ago IST
India's automobile retail industry ended 2025 on a firm footing, recording healthy growth across most segments despite a subdued start to the year.
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Govt should cut GST on lithium-ion batteries by 5% to boost local manufact
Updated : 4 months, 3 weeks ago IST
While speaking with ANI, on the sidelines of seminar on 'Energy Storage System: Key to Green Energy Transition' at the PHD House in New Delhi, he said, "There is a shortage of lithium globally, prices are increasing, and most of the material is being sourced from China. Because of this, w
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Defence Minister Rajnath Singh hails Goa Shipyard Limited ahead of ICG shi
Updated : 4 months, 3 weeks ago IST
Defence Minister Rajnath Singh hailed the contribution of Goa Shipyard Limited. He said that GSL functions as an important part of the defence ecosystem, contributing significantly to the country's maritime security. The Defence Minister was addressing the officials and workers of Goa Shi
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"Aatmanirbharta in defence is not a luxury, but a strategic necessity": Ra
Updated : 4 months, 3 weeks ago IST
Rajnath Singh visited GSL (Goa Shipyard Limited) on Sunday, the eve of commissioning the Pollution Control Vessel (PCV) 'Samudra Pratap' into the ICG (Indian Coast Guard).
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