With consumers in both urban and rural areas showing greater flexibility in spending, driven by GST reforms and easing inflation, Fast-Moving Consumer Goods (FMCG) companies have begun setting more ambitious growth targets.
An additional policy rate cut is expected before year-end, alongside recent GST simplifications indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman
The Central Board of Indirect Taxes and Customs has extended the GSTR-3B filing deadline to October 25, 2025 for both monthly filers (September 2025) and quarterly filers.
India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms.
India's retail inflation is expected to decline further in October 2025, driven by a high base effect, delayed seasonality in food prices, and the full impact of recent GST reforms, according to a report by Union Bank of India.
A renewed sense of enthusiasm and momentum has been felt across markets, industry, business circles, and among the general public, following recent reform in tax slabs of the Goods and Services (GST), said Union Commerce and Industry Minister Piyush Goyal during a press conference co-headed
Dhanteras marked the onset of Diwali festivities across India on Saturday, with bustling markets and enthusiastic buyers flocking to purchase gold, silver, utensils, and other auspicious items. Despite soaring gold prices, consumer enthusiasm remained high, providing a festive boost to local
"Accordingly, rate reduction, simplifying the process, bringing down the number of slabs from four to two, and resolving classification-related issues have all been completed well before time. Next-Gen GST Reforms came into effect from the first day of Navratri, and I feel the people of I
Traders attributed the slowdown in festive business to multiple factors, including the aftermath of the state's recent natural disasters, inflationary pressures, and the growing preference for online shopping. Local restrictions on vehicular movement in key market areas also added to the
Defence Minister Rajnath Singh, who flagged off the first batch of BrahMos missiles manufactured at the BrahMos Integration and Testing Facility Centre in Lucknow on Saturday, said BrahMos is not just a missile but a symbol of the growing indigenous capabilities of the nation.
the Delhi CM announced that the government will organise the "Deepotsav" programme at Kartavya Path starting from 6 pm. The event will feature the lighting of 1.51 lakh diyas, accompanied by Ram Katha recitations, a drone show, and various cultural performances.
Union Commerce and Industry Minister Piyush Goyal on Saturday expressed confidence that India will see positive growth in exports this fiscal despite the uncertainties in global trade.