Search For "gst cut"
Automobile growth is likely to be in double-digits across categories in De
Updated : 2 months, 2 weeks ago IST
The Indian automobile sector is poised for strong growth, with December sales volumes expected to rise across all vehicle categories. The Nuvama Institutional Equities report noted that double-digit growth is likely in the domestic markets for two-wheelers, passenger cars, and commercial
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Delhi High Court demands explanation from Centre over GST cut on air purif
Updated : 2 months, 2 weeks ago IST
The Delhi High Court on Thursday held a fresh hearing in a public interest litigation seeking a reduction in Goods and Services Tax (GST) on air purifiers and deferred any interim directions, giving the Union government time to file a detailed counter-affidavit.
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FMCG companies see demand recovery; GST cuts, price reductions boost sales
Updated : 2 months, 4 weeks ago IST
Fast-moving consumer goods (FMCG) companies in India are witnessing signs of demand recovery, supported by recent GST-linked price cuts and higher promotional activity, according to a report by ICICI Bank.
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GST cuts and continued offers defy November trends, Auto retail sales up 2
Updated : 3 months ago IST
Retail vehicle sales in India defied previous years' trends in November, registering a marginal but modest growth of 2.14 per cent, thanks to GST rate cuts and offers from dealers and automakers.
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Credit momentum to continue in 2H, but growth likely to be capped by weak
Updated : 3 months, 1 week ago IST
With the strong festive demand and the GST cuts, the loan growth in the banking system has picked up pace in October and early November, according to a latest report by IIFL Capital.
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GST cuts boost demand as India posts 8.2% GDP growth, US tariff risks loom
Updated : 3 months, 2 weeks ago IST
The growth numbers are higher than the same period of the previous fiscal, which was recorded at 5.6%.
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India's economy enters FY26 on strong footing as GST cuts boost demand, In
Updated : 3 months, 2 weeks ago IST
India's macroeconomic outlook remains firmly positive, with easing inflation, strengthening domestic demand and improving policy transmission placing the economy on a stable growth path, noted the Monthly Economic Review released on Thursday, by the Department of Economic Affairs, Ministry o
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Non-banking Financial Companies AUM to grow 18-19% as vehicle finance, hom
Updated : 3 months, 2 weeks ago IST
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.
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Despite GST cut, summer consumer product sales decline: Centrum Report
Updated : 3 months, 3 weeks ago IST
India's consumer electrical and durables sector witnessed weaker-than-expected demand in the second quarter of FY26 despite the benefits of GST reduction, according to a report by Centrum.
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Festive season data lifts India's economic outlook despite tariff pressure
Updated : 4 months ago IST
A challenging external environment coupled with the continuing impact of tariffs is expected to keep future growth estimates subdued, according to a report by SBI Mutual Fund.
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RBI may announce 25-50 bps rate cut amid softening inflation: Report
Updated : 4 months, 1 week ago IST
The Reserve Bank of India (RBI) may announce a rate cut of 25 to 50 basis points (bps) in the coming months as inflation continues to ease, supported by benign food prices and the impact of recent GST cuts, according to a report by Kotak Securities.
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For large appliance makers, revenue growth expected to moderate in 2025-26
Updated : 4 months, 1 week ago IST
Manufacturers of large appliance makers are expected to see revenue growth moderate to 5-6 per cent this financial year on a high base of 16 per cent logged last fiscal, according to Crisil Ratings.
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