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GST CUTS IMPACT ON AUTO SALES
Auto sales hit record 2.59 million units in July, rise 26% year-on-yearJuly saw vehicle registrations hit an all-time high, fueled by strong consumer demand after the GST cuts. Sales of two-wheelers climbed by ...- Auto industry total retail sales up 26 pc at 25,91,138 units in July, says FADATotal automobile retail sales in India grew by over twenty-five percent year-on-year in July. Passenger vehicle sales increased nineteen pe...
- Alternative fuels now within striking distance of petrol in passenger vehicle market, says FADAAlternative fuels are closing in on petrol's share in India's vehicle market. CNG leads the alternative fuel segment, followed by hybrids a...
- Berger Q1 net profit jumps 29% as decorative paints drive growthIn the June quarter, Berger Paints India experienced a remarkable increase in profits, with its decorative paints segment marking its best ...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- AI could slow affluent India; QSRs, credit cards may show stress first: BNP Paribas’ Kunal VoraComing to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in ...
- Overall insurance pie has not expanded as expected: HDFC Life MD and CEO Vibha PadalkarHDFC Life CEO Vibha Padalkar highlights intense competition and rising costs in open architecture. She believes credit life policies are vi...
- Auto PLI disbursals to reach Rs 4,000 crore in FY27The government is set to release ₹4,000 crore this fiscal year under the Auto-PLI scheme, designed to stimulate production and investment a...
- Bajaj Auto sales rise 30 pc to 4.75 lakh units in JulyTotal domestic sales increased 20 per cent to 2,20,192 units last month as against 1,83,143 units in the year-ago period, Bajaj Auto Ltd sa...
- Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
- India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
- India PV sales hit record high in July, up 34% on strong demand and GST cutsAs per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last mont...
- PV sales grow 33% in July at 4.7 lakh, Maruti, Hyundai log record salesPassenger vehicle dispatches saw a significant 33 percent increase in July. Maruti Suzuki and Hyundai led this growth with record domestic ...
- Toyota Kirloskar Motor domestic sales up 5% at 30,516 unitsToyota Kirloskar Motor reported a five percent rise in domestic sales. The company sold 30,516 units in July 2026, up from last year. Total...
- RBI likely to hold repo rate at 5.25%, market to focus on policy guidance: NuvamaThe Reserve Bank of India will likely keep its repo rate unchanged at 5.25 percent. Policymakers are expected to adopt a cautious wait-and-...
- Mahindra & Mahindra auto sales rise 26% to 1,03,860 units in JulyMahindra & Mahindra reported a twenty-six percent rise in total auto sales for July. Utility vehicle sales grew twenty percent in the domes...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- Mahindra Q1 net profit rises 34%, standalone earnings beat estimatesMahindra & Mahindra announced a thirty-four percent profit increase for the fiscal first quarter. Robust demand for sport utility vehicles ...
- Brands see strong consumer appetite this festive season despite war-led woesIndian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not si...
- Global demand puts India's two-wheeler exports back in top gearBajaj Auto and TVS Motor reported strong international sales in the June quarter. This marks a significant turnaround for India's two-wheel...
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