Search For "gst cut"
India CV industry jumps 27% (YoY) in January; GST cut drives volume surge:
Updated : 2 weeks, 4 days ago IST
The Indian commercial vehicle (CV) industry continued to report robust year-on-year (YoY) volume growth in January 2026, with domestic wholesale volumes rising 27 per cent to 99,544 units.
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FMCG margin gains may stay constrained despite 9% YoY revenue growth in Q3
Updated : 3 weeks, 4 days ago IST
FMCG companies' margin gains could remain limited despite reporting aggregate revenue growth of about 9 per cent year-on-year (YoY) in the third quarter of FY26, as growth was partly driven by GST-related adjustments, price corrections in key categories, and continued competitive pressure
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AIDA seeks GST cut on flex-fuel vehicles, expansion of ethanol dispensing
Updated : 1 month ago IST
India's distillery industry has urged the government to cut goods and services tax (GST) on flex-fuel vehicles to boost ethanol consumption, as the country faces a surplus of ethanol after achieving its 20% blending target well ahead of schedule, Bharati Balaji, Director of the All India
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RBI likely to stay on hold as inflation pressures build: Crisil
Updated : 1 month ago IST
Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu
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GST cut on air purifiers lies solely within GST Council's domain: Centre t
Updated : 2 months 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 : 2 months 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 : 2 months 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 : 2 months 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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Robust demand, operating leverage set to drive bumper Q3 for auto sector:
Updated : 2 months 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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GST cuts spur credit revival; growth seen at 12% in FY26, 13% in FY27: MoS
Updated : 2 months, 1 week ago IST
Credit growth in the country is expected to remain at around 12 per cent year-on-year in FY26 and improve to nearly 13 per cent in FY27, while deposit growth is likely to stay steady at about 10 per cent year-on-year in FY26, according to a report by Motilal Oswal Financial Services.
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Double-digit growth projected as auto sector shows steady retail growth in
Updated : 2 months, 1 week ago IST
Auto retail sales in India maintained healthy momentum in December 2025, with industry players projecting the positive trend to continue into the final quarter of the fiscal year. Wholesale numbers for December 2025 are expected to show double-digit growth across most major manufacturers.
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UBI expects IIP growth for November at 4% YoY
Updated : 2 months, 2 weeks ago IST
India's Index of Industrial Production (IIP) is expected to show a sharp recovery in November 2025, rising to 4.0 per cent year-on-year, supported by post-festival normalisation of activity and higher manufacturing output, according to a report by Union Bank of India.
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