The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
The Congress party has criticized Prime Minister Narendra Modi's handling of GST reforms, calling them inadequate and demanding an apology for the tax imposed on essential items. They argue that the reforms are merely a 'band-aid' solution and that the government should address the states' demand for extended compensation.
Voltas saw strong growth in both UCP (Unitary Cooling product) and EMPS (electro mechanical projects) segments.
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.
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.
Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.
There are some apparent paradoxes visible in the data from the first quarter of 2025-26 (Q1FY26). The gross domestic product (GDP) delivered a positive surprise with 7.8 per cent year-on-year (Y-o-Y) growth.
The Birla Institute of Technology Mesra, Ranchi, is inviting applications from interested candidates for its various undergraduate and post graduate programmes at their campuses in Patna, Noida, Jaipur and Deoghar.
If you're on the lookout to buy a new AC, there's no time like now when it comes to choices. Top brands like Samsung, Voltas, Lloyd, Whirlpool, and Carrier are offering discounts of up to 48 per cent.
AC Milan striker Alvaro Morata's plan to live in a quaint village on the outskirts of the city has been ditched after the mayor revealed the Spain captain was moving into the locality in a social media blooper.
The AIFF said Jamil has signed the contract after parting ways with ISL team Jamshedpur FC.
A Spanish court handed Brazil coach Carlo Ancelotti a one-year prison sentence for failing to pay tax on his image rights revenues in 2014 when the Italian was Real Madrid manager.
The National Law University, Delhi is inviting applications for admission to the LLM (Professional) Diploma Programme 2025-26.
Glimpses from India and around the world that will make you smile and cry.
However, it was decided that he cannot stay in the campus hostel till the Kolkata Police SIT complete their investigation.
Indian summers -- from scorching April to sweltering June -- are not the easiest to live through. But realise this: You don't always need an air conditioner to stay cool. With a few innovative tricks, you can keep your indoor spaces cool.
Former England soccer captain David Beckham officially received Knighthood from King Charles III on Saturday. He was honoured for his outstanding contribution to sport and charity.
Experts say Indian Railways must grow its share in the freight market to remain financially sustainable.
IIM-Kozhikode will conduct Common Admission Test (CAT 2025) examination on Sunday, November 30, 2025.
"During a competition called 'Third Degree', the jury asked the participants to strip to their underwear," a senior official said.
The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.
The Mahindra XEV 9e mid variant, particularly the PACK TWO, presents a compelling package with a strong emphasis on futuristic design, advanced technology, and passenger comfort, notes Rajesh Karkera.
Heavy rains in Maharashtra have caused floods, road blockages, and widespread damage, resulting in casualties and displacement. The state government is monitoring the situation and coordinating rescue efforts.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
The Model Y's blend of minimalist design, advanced technology, and practical features certainly makes a strong case. But the true test will lie in its performance on Indian roads and the timely expansion of its charging infrastructure, says Rajesh Karkera/Rediff.
Have you seen a tiger? How and where did you spot it? We want you to share your stories and original photographs with us. Write in to us at getahead@rediff.co.in (subject: I spotted a tiger) along with your name, location and photographs of the tigers you saw.
The Renault Triber's USP remains its exceptional interior space and seven-seater capability, a combination rarely found in the 7 lakh to 10 lakh on-road price bracket in India.
The city of Paris will show its support for Paris St Germain during their date with destiny in Saturday's Champions League final against Inter Milan.
'Instead of ACs, the government should do something to increase our salary.'
Gandhi's remarks came on a day it emerged that the Election Commission has formally written to him on his allegations of rigging in the 2024 Maharashtra polls, saying all polls held by the poll panel strictly as per laws passed by Parliament and rules, and the entire exercise involves thousands of personnel, including booth-level agents appointed by political parties.
It was a godsend for both Burns and Italy, who qualified for their maiden ICC World Cup by making the cut for next year's T20 showpiece India and Sri Lanka on Friday.
The D K Bhave Scholarship 2025 covers a maximum of 50 per cent of the total estimated first-year cost for a master's degree programme in engineering.
Spalletti departed after a stint of under two years, overseeing his final match, a 2-0 victory against Moldova, just a day after revealing he had been dismissed following Italy's 3-0 defeat by Norway in their opening World Cup qualifier.
'I was there among you 60 years ago in those stands. I asked you for help, now we need that final step.'
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
'The date of the rearranged fixtures will be announced in due course.'
The BYD Sealion 7 offers instant, exhilarating power, effortlessly pinning you to your seat with a 0-100 km/h sprint in just 4.5 seconds -- a performance proudly showcased on its rear badging.
"Do you want to see real bunnies?" Parisa gasped in surprise. "Real ones?! Yes please!" So off they went, giggling, to the pet shelter behind one of the homes.
A season which once promised so much for Inter Milan now hangs on Simone Inzaghi's experienced side beating Paris St Germain in the Champions League final.
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