News for 'Consumer India'

GST rate cut: Housing demand to rise during festivals, says CREDAI

GST rate cut: Housing demand to rise during festivals, says CREDAI

Rediff.com12 Sep 2025

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.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

GST 2.0: Soaps, coffee, biscuits, oil to be cheaper from Monday

GST 2.0: Soaps, coffee, biscuits, oil to be cheaper from Monday

Rediff.com21 Sep 2025

Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.

IPL's Valuation Hits Flat Pitch

IPL's Valuation Hits Flat Pitch

Rediff.com16 Oct 2025

The IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025.

GST 2.0: India's Answer To Trump's Tariffs

GST 2.0: India's Answer To Trump's Tariffs

Rediff.com4 Sep 2025

Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

Who prevented military action after 26/11, asks Modi citing Chidambaram

Who prevented military action after 26/11, asks Modi citing Chidambaram

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.

Time India Learnt From China Playbook

Time India Learnt From China Playbook

Rediff.com20 Aug 2025

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.

US Tariffs May Drop To 10-15%: CEA

US Tariffs May Drop To 10-15%: CEA

Rediff.com19 Sep 2025

'I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also.'

How To Make Online Gaming Safe For Your Kids

How To Make Online Gaming Safe For Your Kids

Rediff.com17 Oct 2025

Gaming and cyber security experts suggest how kids and parents can stay aware to fight the growing threats and miscreants who act from behind the screen.

Trump Tantrum: 'Present Moment Difficult For India'

Trump Tantrum: 'Present Moment Difficult For India'

Rediff.com20 Aug 2025

'Geopolitically and diplomatically it's a very difficult situation for India.'

Indulging in trade with Russia themselves: India counters US

Indulging in trade with Russia themselves: India counters US

Rediff.com5 Aug 2025

India has strongly criticized the US and EU for their 'unjustified and unreasonable' targeting of New Delhi for its procurement of Russian crude oil, pointing out their own continued trade relations with Russia.

PIX: When Bhajji met Waugh!

PIX: When Bhajji met Waugh!

Rediff.com13 Sep 2025

Former Team India leg-spinner Harbhajan Singh had a meeting with his idol -- former Australia skipper Steve Waugh - and he took to social media to share his excitement.

73 all out! India A slump to heavy defeat

73 all out! India A slump to heavy defeat

Rediff.com9 Aug 2025

Australia A bowlers, led by pace-bowling stalwart Kim Garth, wreaked havoc as India A suffered a demoralising 114-run defeat in the second unofficial T20I in Mackay as the hosts took an unassailable 2-0 lead in the three-match series.

Maha shops eateries, theatres get 24x7 nod; bars excluded

Maha shops eateries, theatres get 24x7 nod; bars excluded

Rediff.com3 Oct 2025

The GR says that shops and commercial establishments may remain open on all days of the week, provided that every employee is allowed a continuous rest period of at least 24 hours in a week.

Deeptech Now Dominates Indian VC Portfolios

Deeptech Now Dominates Indian VC Portfolios

Rediff.com26 Sep 2025

Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

Fuel efficiency norms allow carmakers to pool with others

Fuel efficiency norms allow carmakers to pool with others

Rediff.com6 Oct 2025

The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool.

Which Amul products will be cheaper from Sep 22?

Which Amul products will be cheaper from Sep 22?

Rediff.com20 Sep 2025

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.

Urban Company's Rs 1,900-cr IPO subscribed whopping 103.63 times

Urban Company's Rs 1,900-cr IPO subscribed whopping 103.63 times

Rediff.com12 Sep 2025

The initial public offer of app-based beauty and home services platform Urban Company Ltd received overwhelming investor participation, with the issue getting a huge 103.63 times subscription on the last day of bidding on Friday. The Rs 1,900-crore IPO received bids for 11,06,46,08,960 shares against 10,67,73,244 shares on offer, according to NSE data.

Australia A edge India A in thriller to sweep series

Australia A edge India A in thriller to sweep series

Rediff.com10 Aug 2025

Poor execution with the bat undid India A's superb bowling performance as Australia A made a clean sweep

Trump's 100% tariff on pharma unlikely to hurt domestic industry: Experts

Trump's 100% tariff on pharma unlikely to hurt domestic industry: Experts

Rediff.com26 Sep 2025

Indian Pharmaceutical Alliance (IPA) on Friday said US President Donald Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines.

GST 2.0: These will get cheaper from September 22

GST 2.0: These will get cheaper from September 22

Rediff.com4 Sep 2025

Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.

Will GST Rate Cuts Bring Back FPIs?

Will GST Rate Cuts Bring Back FPIs?

Rediff.com8 Sep 2025

Foreign portfolio investors sold stocks worth Rs 1.42 trillion in 2025, with their sales hitting Rs 12,257 crore in the first four trading days of September.

Sensex rises 323 pts, Nifty rallies for 6th day

Sensex rises 323 pts, Nifty rallies for 6th day

Rediff.com10 Sep 2025

Among Sensex firms, Bharat Electronics rose the most by 4.26 per cent. HCL Tech gained 2.57 per cent, Bajaj Finance by 2.19 per cent, TCS by 1.99 per cent, Tech Mahindra by 1.88 per cent and Infosys by 1.85 per cent. Gains in Axis Bank and State Bank of India also supported the rally. However, Mahindra & Mahindra emerged as the biggest loser, falling by 2.47 per cent. Maruti dropped 1.53 per cent and Tata Motors by nearly 1 per cent due to profit-taking. UltraTech, Eternal and Power Grid were also among the laggards.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

Apple Boosts Output For iPhone 17 Launch

Apple Boosts Output For iPhone 17 Launch

Rediff.com4 Sep 2025

India has become Apple's main export hub to the US, which consumes over $40 billion worth of iPhones annually.

How Trump's Latest Threat Will Hit Indian Movies

How Trump's Latest Threat Will Hit Indian Movies

Rediff.com30 Sep 2025

'A 100% tariff could cut the Indian film industry's US revenues by 30% to 40%.'

India Must Only Agree To A Deal If It Is A Win-Win

India Must Only Agree To A Deal If It Is A Win-Win

Rediff.com27 Aug 2025

To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.

Beverage firms seek removal of 'sin good' tag

Beverage firms seek removal of 'sin good' tag

Rediff.com28 Aug 2025

Amid the impending rejig in the goods and services tax (GST) rates, an association representing the country's beverages industry has appealed to the Centre to not classify aerated beverages as sin/demerit good and bring it under the 18 per cent slab while citing their "mass consumption" as a reason.

India Inc promoters holding slumps to 8-yr low in Q1

India Inc promoters holding slumps to 8-yr low in Q1

Rediff.com4 Aug 2025

Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of PRIME Database Group.

'Cancer Has Made Me Shameless And Fearless'

'Cancer Has Made Me Shameless And Fearless'

Rediff.com14 Oct 2025

'For all you know, in the next five years there could be a path-breaking cancer treatment and I may be absolutely fine. Or maybe I won't be. I have to live with both scenarios.'

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Rediff.com30 Sep 2025

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.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Rediff.com1 Oct 2025

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.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

Temasek lifts India exposure to 8% as China share declines for third year

Temasek lifts India exposure to 8% as China share declines for third year

Rediff.com10 Jul 2025

Singapore's state investor Temasek Holdings, which recently picked up 10 per cent stake in Haldiram, has been consistently expanding its footprint in India while slowly withdrawing from China over the last three years amid growing geopolitical risks and economic headwinds. India has become Temasek's third-largest market, after Singapore (27 per cent) and China (18 per cent), with its exposure to the country higher than the rest of Asia Pacific excluding the three (11 per cent), according to Temasek's annual review.

Business as usual: India buys 2 mn bpd Russian oil in August

Business as usual: India buys 2 mn bpd Russian oil in August

Rediff.com15 Aug 2025

India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.

Will RBI Governor Play Santa In December?

Will RBI Governor Play Santa In December?

Rediff.com3 Oct 2025

While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.

Will GST 2.0 Fix Deeper Weaknesses?

Will GST 2.0 Fix Deeper Weaknesses?

Rediff.com3 Sep 2025

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.