Search For "gst"
Goldman Sachs sees Nifty at 29,000 by end-2026, expects 14% upside on grow
Updated : 4 months, 2 weeks ago IST
The Indian stock market is expected to perform better in the coming year, with Nifty likely to touch a new high of 29,000 by the end of 2026, showing an upside of 14 per cent, according to a report by Goldman Sachs.
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Credit card spending surges 23% to Rs 2.17 lakh crore YoY in September
Updated : 4 months, 2 weeks ago IST
Credit card spending in India rose sharply by 23 per cent year-on-year (YoY) to Rs 2.17 lakh crore in September 2025, driven by festive season offers, GST rate cuts, and a rise in card issuances that boosted discretionary consumption, according to a report by CareEdge.
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Rural consumption outshines urban demand as income growth, credit expansio
Updated : 4 months, 2 weeks ago IST
Rural India continues to lead the country's consumption recovery, outpacing urban demand despite income tax cuts and GST 2.0 reforms aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL) in its latest ECOSCOPE report titled "Rural Rules, Urban F
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India's CPI inflation easing to 0.4-0.6% in Oct on softer commodity prices
Updated : 4 months, 2 weeks ago IST
India's Consumer Price Index (CPI) inflation is expected to ease further and remain in the range of 0.4 per cent to 0.6 per cent in October 2025, supported by sustained declines in essential commodity prices and softening global trends, according to a report by Bank of Baroda (BoB).
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Deepavali Demand and GST Bachat Utsav Push Vehicle Sales to Record Highs:
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], November 7: The October edition of the Shriram Mobility Bulletin reflects a strong rebound in India's mobility ecosystem driven by festive consumption, rural freight activity, and accelerating electric vehicle adoption. Vehicle sales witnessed sharp month-on-mon
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Auto sector enters 2026 in high gear; FADA sees sustained demand post reco
Updated : 4 months, 2 weeks ago IST
India's automobile industry is entering 2026 on a strong note after a record-breaking festive season, with the Federation of Automobile Dealers Associations (FADA) projecting a sustained rise in sales driven by GST 2.0 reforms, rural consumption, and robust dealer sentiment.
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Focus Lighting and Fixtures Secures New LED Lighting Order Worth INR 2.89
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], November 6: Lighting & Fixtures Limited. (NSE-FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, has received an order worth ₹2.89 Cr (exclusive of GST) from PSP Projects Limited.
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India's services sector growth moderates in October, price pressures ease:
Updated : 4 months, 2 weeks ago IST
India's services sector continued to expand in October, though the pace of growth eased to a five-month low, according to the HSBC India Services Purchasing Managers' Index (PMI) released on Thursday.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 2 weeks ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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India's consumption outlook brightens as reforms, rural demand set stage f
Updated : 4 months, 2 weeks ago IST
India's consumption demand is poised for a strong rebound in the coming quarter, driven by the twin engines of rural recovery and tax-led urban momentum, according to a research report by Bank of Baroda.
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RBI may announce 25-50 bps rate cut amid softening inflation: Report
Updated : 4 months, 2 weeks 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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Sonalika Achieves Record Sales of 27,028 Tractors in Oct'25, Growing 2.3X
Updated : 4 months, 3 weeks ago IST
New Delhi [India], November 4: India's No. 1 tractor export brand, Sonalika Tractors has recorded an iconic performance with an all-time high monthly sales of 27,028 tractors in October 2025 - the biggest month after GST reduction. The staggering performance is driven by the highest overall
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