From Maruti to Mahindra, top industry execs say GST 2.0 changed the demand equationPassenger vehicle demand surged after GST rationalisation, boosting Maruti Suzuki's sales significantly. Mahindra & Mahindra also reported ...
22 Sep, 2026, 02.18 PM IST
NPCI says GST on UPI MDR will not burden small merchantsNPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety...
22 Sep, 2026, 01.24 PM IST
First-time car buyers make a comeback as lower GST boosts small-vehicle demandFirst-time car buyers are returning to India's market, increasing their sales share significantly. Lower taxes have revived demand for entr...
22 Sep, 2026, 05.30 AM IST
Auto sales: Strong festive demand may be hit by low dealer stocks, supply constraintsAs the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply co...
21 Sep, 2026, 10.21 PM IST
Volkswagen workers demand action as German auto jobs face cutsIn a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...
21 Sep, 2026, 02.13 PM IST
Effect of GST rate cuts on commodities neutralised by 'galloping' inflation: CongressCongress has highlighted that the gains from GST rate reductions are being wiped out by escalating inflation. They claim that increasing co...
21 Sep, 2026, 01.15 PM IST
FII selling returns in first half of September as financials, auto stocks face heavy outflowsIn early September, foreign investors shifted to selling after a series of buying phases. Notably, financials, automotive, and oil and gas ...
21 Sep, 2026, 06.55 AM IST
Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
19 Sep, 2026, 05.35 PM IST
GST cuts, lower prices put dishwashers on Indian kitchen mapsDishwasher sales are rapidly growing in India after recent GST rate reductions. Manufacturers have adapted machines for Indian cooking, boo...
19 Sep, 2026, 07.28 AM IST
UPI MDR could cost 47.2 bps with GST for merchantsThe new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at Rs 300 on transactions of Rs 75,00...
18 Sep, 2026, 07.55 PM IST
Domestic CV wholesale volumes to grow 4-6 pc in FY27: ICRADomestic commercial vehicle wholesale volumes are projected for moderate growth this fiscal year. Medium and heavy vehicles should see slig...
18 Sep, 2026, 04.12 PM IST
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
17 Sep, 2026, 12.08 PM IST
Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
17 Sep, 2026, 11.02 AM IST
Car sales jump over 30% in August as festive demand buildsPassenger car sales increased by over a third in August, reaching 439,309 units. This growth followed a decline in the previous year due to...
16 Sep, 2026, 12.46 AM IST
No chargers, no deal: Europe's biggest truckmakers push back against the 2030 climate deadlineEurope's leading truckmakers want the EU to postpone 2030 emissions targets by three years. They cite insufficient charging stations and hi...
14 Sep, 2026, 06.17 PM IST
GST reforms rewrote the auto stock map: Who won, who lost and where can investors still make money?The recent GST reforms have significantly impacted the automotive stock market following a rate cut announcement. Notably, Sona BLW Precisi...
07 Sep, 2026, 10.33 AM IST
Petrol loses its crown as alternative fuels overtake it in India’s record August auto salesAugust 2026 marked a historic milestone in India's auto retail market, exceeding all previous records. In a significant shift, alternative ...
07 Sep, 2026, 09.18 AM IST