Passenger vehicle retail sales shot up 35 per cent year-on-year during the nine-day Navratri period this year, helping the overall registrations last month grow 6 per cent, as offtakes remained muted in the first 21 days of the month and only took off after the roll-out of new GST rates on September 22, dealer' body FADA said on Tuesday.
Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.
The country's industrial production grew at 4 per cent in August, mainly due to better performance by the mining sector, according to government data released on Monday.
India has upgraded its technical mission in Kabul to an embassy, with External Affairs Minister S Jaishankar acknowledging the Taliban's consideration of India's security concerns. The announcement was made during talks with Afghan Foreign Minister Amir Khan Muttaqi, marking a significant step in advancing ties between the two nations.
Qualcomm is partnering with Indian firms like Lenskart to make smart glasses nearly as affordable as regular eyewear.
Let's decode how EPS works, who qualifies, and how pensions are calculated, using simple examples for different salary levels.
Several fast-moving consumer goods (FMCG) companies have said that they would pass on the full benefit of goods and services tax (GST) rate cuts to consumers starting September 22. Dairy major Mother Dairy, on Tuesday, announced rate cuts in products spanning its portfolio-- from milkshakes to paneer and jams to frozen products under its Safal brand.
Two-wheeler sales volume is expected to grow 5-6 per cent this fiscal, while that of passenger vehicles to see a 2-3 per cent rise, following the GST rates rationalisation on automobiles, according to Crisil Ratings. The GST Council's decision to move to a two-rate structure of 5 per cent and 18 per cent, effective September 22, 2025, is a timely move that will revive demand for automobiles, Crisil Ratings said in a statement.
Sullivan remarks come amid the rising friction between Washington and New Delhi due to the 50 percent tariffs imposed on Indian goods, which include a 25 percent penalty for buying Russian oil.
Moeen called Kohli a "pioneer" in Test cricket, adding that his crowd-pulling ability was only second to Sachin Tendulkar.
GCMMF, which markets dairy items under Amul brand, on Saturday announced reduction of retail prices of more than 700 product packs, including ghee, butter ice cream, bakery and frozen snacks, as it decided to pass on benefits of the GST rate cut to consumers. The new price will be effective from September 22.
United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.
Mother Dairy on Tuesday said it will pass on 100 per cent GST reduction benefits to consumers and most of its products including value-added dairy products and processed foods (under Safal brand) will become cheaper with effect from September 22. Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board (NDDB), said that prices of paneer (200 gms) will come down from Rs 95 to Rs 92, Ghee Carton Pack (1 litre) from Rs 675 to Rs 645, and butter 100 gm from Rs 62 to Rs 58.
Pacer Kim Garth and spinner Alana King are up one spot each to be fourth and fifth in the ODI bowling ranking, their highest ever.
India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and terrorist financing watchdog.
Leading FMCG companies have announced a price cut on their products, including soaps, shampoo, baby diapers, toothpaste, razors, and after-shave lotions, effective from September 22 to extend the GST rate cut benefits to consumers. Firms such as Procter & Gamble, Emami and HUL have come up with new price lists which have been communicated to their respective distributors and consumers through their respective websites.
About 57 per cent of Indian districts, home to 76 per cent of the country's population, are currently at high to very high risk from extreme heat.
Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.
Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.
An analysis of the upcoming Bihar elections, focusing on the key players, alliances, and issues that will shape the outcome. The article examines the strength of the ruling NDA coalition led by Nitish Kumar and the challenge posed by the RJD-led Mahagathbandhan, as well as the potential impact of Prashant Kishor's Jan Suraaj Party.
Breakthroughs in Artificial Intelligence and allied deep technologies are boosting productivity, efficiency and human potential to unimaginable levels, Reliance Industries chairman Mukesh Ambani said on Friday describing the "miraculous power" of AI as new 'kamdhenu', the divine wish-fulfilling cow.
The legendary Mikoyan-Gurevich MiG-21 fighter jets, the the backbone of the Indian Air Force's combat fleet for more than six decades, streaked through Indian skies for the last time on Friday -- its final adieu edged in history and many a remembrance.
At least a dozen Pakistani military aircraft including F-16 jets were destroyed or damaged in Indian strikes during Operation Sindoor, Chief of Air Staff Air Chief Marshal A P Singh said on Friday while describing Islamabad's claim of India's losses as "fanciful stories".
In a major boost to Delhi Capitals, vice-captain Faf du Plessis has decided to return for the remainder of the IPL while England all-rounder Will Jacks will rejoin Mumbai Indians for their final two league fixtures.
Bengaluru-based Ultraviolette launches the fighter jet-inspired X-47 Crossover electric motorcycle at Rs 2.49 lakh, with deliveries to commence in October.
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday.
In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation.
As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.
With lower GST rates taking effect, fast-moving consumer goods players face challenges in setting reduced prices for their products in round figures, but expect the magical price points to be restored within two months.
Rishab Shetty's Kantara Chapter 1 is an ambitious, bold update of the ideas of the first film in a much bigger canvas, discovers Arjun Menon.
The Indian Air Force is set to retire its fleet of MiG-21 fighter jets at a decommissioning event in Chandigarh. The event will mark the end of an era for the aircraft that has been a key part of the IAF's combat fleet for over six decades.
The growing caution among hospitals is being driven by a rise in double-extortion ransomware attacks, AI-enabled phishing, deepfake fraud, and vulnerabilities in connected medical devices.
Union Commerce and Industry Minister Piyush Goyal on Thursday described the reduction in GST rates as "game-changing" and the "biggest reform" since independence, as he asked the industry to pass on the full benefit to consumers.
The final approval for the acquisition of 97 LCA Mark 1A fighters was given by a high-level meeting on Tuesday and will pave the way for Hindustan Aeronautics Limited to produce the aircraft, defence sources told ANI.
'We are ready to deliver a Brisbane 2032 games that will leave the same incredible legacy for Queensland.'
Multiple tailwinds for the automobile sector, including a cut in goods and services tax (GST) rates, are keeping analysts bullish on auto stocks from a long-term perspective, even as they see the rally running its course in the near term.
The meeting, expected on September 25 on the sidelines of the UN General Assembly, will also be attended by army chief Field Marshal Asim Munir.
Indian government's decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors' body CREDAI. The association, which has a 13,000 members from across India, said the construction cost is expected to come down because of reduction in GST rates on cement and few other building materials.
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
The BJP has accused RJD workers of hurling abuses at Prime Minister Narendra Modi's late mother during Tejashwi Yadav's 'Bihar Adhikar Yatra'. The incident has sparked controversy in the politically charged environment of Bihar, where elections are due later this year.
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