Search For "gst cut"
Festive season in October brings mixed demand trends for auto sector; PVs
Updated : 4 months, 2 weeks ago IST
The festive season in the October has brought mixed trends for India's automobile industry, with passenger vehicles (PVs) and tractors showing signs of improvement while two-wheelers (2Ws) continue to trail expectations, according to a report by Nomura.
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Electric PVs volume rebound amid festive demand after knee-jerk reaction t
Updated : 4 months, 2 weeks ago IST
Electric passenger vehicle (E PV) volumes are back in action after the initial knee-jerk reaction to the reduction in GST on internal combustion engine (ICE) vehicles, according to a report by YES Securities.
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GST cuts and festive cheer drive surge in housing demand; Tier-2 and Tier-
Updated : 4 months, 4 weeks ago IST
India's housing market is witnessing renewed optimism ahead of the festive season, fuelled by recent Goods and Services Tax (GST) reductions on key construction materials. The rationalisation of GST rates on cement, marble, granite, and bricks is estimated to lower construction costs, giving
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Festive demand pushes auto sales in September, stronger momentum expected
Updated : 5 months, 1 week ago IST
Passenger vehicle and two-wheeler sales showed signs of revival in September 2025 as the festive season began on September 22. According to Citi Research, demand picked up due to pent-up buying from August and a reduction in prices following recent GST cuts.
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HSBC India Manufacturing PMI slips to 57.7 in September, however optimism
Updated : 5 months, 1 week ago IST
India's manufacturing sector continued to expand in September though at a slower pace, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) easing to 57.7 from 59.3 in August, according to survey data released on Wednesday.
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Automobile sales to see record YoY growth in September on festive boost: N
Updated : 5 months, 1 week ago IST
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.
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"Transformative shift in India's healthcare": Indian Pharmaceutical Allian
Updated : 5 months, 1 week ago IST
As the Goods and Services Tax (GST) reforms come into effect on September 22, Sudarshan Jain, Secretary General, Indian Pharmaceutical Alliance (IPA), lauded the GST cut in the health sector and called it a "transformative shift" for the industry.
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GST cuts to boost economy, but revenue loss could hit banking sector: Repo
Updated : 5 months, 1 week ago IST
While the government has estimated an annual revenue loss of about Rs 480 billion, due to the reduced Goods and Services Tax (GST) rates on various products, a recent report by Systematix Research has pegged the figure much higher, at nearly Rs 1.2 trillion.
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Green hydrogen costs declined, may reduce further with GST cuts but USD 1-
Updated : 5 months, 1 week ago IST
The cost of producing green hydrogen in India is coming down, but the target of USD 1-2 per kg still looks far, according to a report by Emkay Securities.
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Agriculture minister asks farm equipment & tractor makers to pass on GST c
Updated : 5 months, 1 week ago IST
Agriculture Minister Shivraj Singh Chouhan held a meeting with leading manufacturers of farm equipment on Friday and asked them to pass on the benefits of reduced GST, which is effective from September 22, to the farmers.
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Auto sector discounts to trend down as GST cuts set to lift demand: Motila
Updated : 5 months, 1 week ago IST
Discounts in the automobile sector are expected to trend down across key segments as the recent GST cuts are likely to lift demand, according to a report by Motilal Oswal.
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Non-life insurance sector continues to witness slowdown in August: Care Ed
Updated : 5 months, 1 week ago IST
The non-life insurance sector in India continued to experience a slowdown in premium growth in August due to a decline in crop insurance and a softer market for passenger vehicles, Care Edge Ratings said in a report.
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