Domestic passenger vehicle dispatches from companies to dealers rose 13 per cent year-on-year to 449,616 units in January with demand remaining robust owing to GST rate rationalisation and subsequent dip in prices, industry body SIAM said on Friday.
Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. The month also saw Tata Motors and Mahindra & Mahindra settling at number two and three positions, respectively in vehicle wholesales ahead of Hyundai Motor India.
The decision to invite Mushtaq had sparked controversy, with several petitions challenging the Karnataka government's move.
Sandwiched between a Hero MotoCorp showroom and a shop that hires out cooking utensils is a small, dingy building that's been locked up. The non-descript two-room building is a manufacturing unit of Sresan Pharmaceuticals, the pharma company made its Coldriff cough syrup that has allegedly killed 25 children in Madhya Pradesh.
Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.
After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.
The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.
Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 65,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh.
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
Among the Sensex firms, Mahindra & Mahindra jumped the most by 5.96 per cent. Bajaj Finance, Bajaj Finserv, Trent, ITC and HDFC Bank were also among the gainers. However, Maruti Suzuki India, Bharat Electronics, HCL Tech, NTPC, Power Grid, Infosys and Reliance Industries were among the laggards.
International Booker Prize winner Banu Mushtaq has affirmed her respect for the Dasara festival and Goddess Chamundeshwari, following objections from BJP leaders regarding her invitation to inaugurate the event.
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.
To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess GSTN's preparedness and the time it would take to implement technological changes required in the software systems.
The GST Council on Wednesday approved two slabs of 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
'Ek baar aap GST dekh lo!' - Prime Minister Narendra Modi's gentle nudge to Finance Minister Nirmala Sitharaman in December last year sparked the beginning of a mammoth exercise to overhaul the tangled goods and services tax regime. And the final outcome is a significantly simplified system with lower tax rates and easier compliance for businesses.
A controversy has erupted in Mysuru over the ownership of Chamundi Hill, home to the Chamundeshwari Temple, ahead of the Dasara festival. Pramoda Devi Wadiyar of the erstwhile Mysuru royal family criticized Deputy Chief Minister D K Shivakumar's statement that the hill is not the property of Hindus alone, leading to a heated exchange and raising questions about the nature of the upcoming Dasara celebrations.
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.
Prime Minister Narendra Modi on Monday shared on X a garba song he wrote as a tribute to Goddess Durga.
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
Dhanatrayodashi is called Dhanteras and its twinkling lights set the mood of India's greatest and most popular festival -- Diwali, the festival of lights.
Rai also asserted that the Congress will win the upcoming Assembly elections in all five states.
With Dussehra celebrations all set to take place with pomp and show in the national capital, security arrangements have been made to maintain law and order in the city amid the festive fervour.
Devotees pull the Swarna Ratham during the ongoing Navaratri Brahmotsavam celebrations at Tirumala in Tirupati.
'It is in the form of the nava shaktis that Durga or Adi Shakti lives inside everyone.'
Swamy, a close friend of the Rajapaksa family, also met with Gotabaya's brother Mahinda Rajapaksa on Wednesday evening and attended the Navratri pooja at his residence.
What should be made out of the Madras high court order involving non-Hindus' entry into Hindu temples, when many non-Hindus are among the hundreds of thousands that have been worshipping at these temples for generations, asks N Sathiya Moorthy.
CAB requested ICC recce team about concerns raised by local security agencies with regards to World Cup match between Pakistan and England on November 12 coinciding with Kali Puja.
Thapa, the trusted Man Friday of the Sena patriarch and helped him in his daily chores, had served him devotedly for 27 years before the Thackeray senior's death in November 2012.
The cheetahs have been brought from Namibia as part of India's ambitious programme to bring the big cat back from extinction.
In view of a persistent rise in COVID-19 cases, the Delhi Disaster Management Authority (DDMA) on Tuesday ordered that there will be no public celebrations in the national capital for upcoming festivals such Holi and Navaratri. Considering the rise in COVID-19 cases, the Brihanmumbai Municipal Corporation (BMC) also announced that Holi celebrations, on March 28 and 29, will not be permitted in both private or public places.
The fresh restrictions imposed in Maharashtra to contain the second wave of COVID-19 are likely to impact the festive season auto sales, as Navaratri and Gudi Padwa are falling in April, according to rating agency Icra. These two festivals account for a sizeable chunk of the annual vehicle sales across the country, especially in Maharashtra, it said. Gudi Padwa, which is a major festival of Maharashtra, will be celebrated on April 13, while Navrarati will also begin on the same day.
Shiv Sena leader Naresh Mhaske was arrested for allegedly assaulting a government servant in Thane after a heated altercation, police said on Wednesday. Mhaske, Leader of House in Thane Municipal Corporation, was arrested on Tuesday and produced before a local magistrate, who released him on bail, police sources said.
Calling malls, cinema halls, weekly markets, metro services and religious places "superspreader" areas, the Delhi government has directed all district magistrates to greatly intensify enforcement of COVID-19 norms in such places in view of a persistent rise in cases in the city.
This is the highest number of cases since December 13 when 1,984 people tested positive for the virus, according to official data.
However, in some markets of the city meat is anyways not sold on Tuesdays as this day of the week is considered auspicious by many Hindus.
Under attack, Chief Minister Shivraj Singh Chouhan on Monday announced a judicial probe into the stampede at a temple in Madhya Pradesh's Datia district as the death toll in the tragedy during Navaratri festivities mounted to 115, prompting demands for his resignation.
Hindu groups in the United States have sought an apology from Senator Kamala Harris's niece for tweeting an 'offensive' image, which depicted the Democratic vice presidential nominee as goddess Durga.
Not just colours, flaunt your style with these simple fashion tips.
'In 1983, my father T Rama Rao made Andha Kanoon with Rajinikanth.' 'Amitabh Bachchan was reluctant to come on board as a guest star, as Rajinikanth was a southern star.' 'But when my father pitched it to him, he came on board.' 'The movie ran for 200 days.'
India's plant-based meat market is estimated at $30-40 million, largely driven by consumer packaged food. The market size in India is likely to touch $500 million in three years.
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