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GST CUTS IMPACT ON CARS
Copper producers seek GST cut to 5 per cent as record prices lock up cashIndian copper producers are seeking a GST cut to 5% from 18%, saying record copper prices are increasing working-capital requirements acros...
Entry-level hatchbacks regain ground after GST cuts, but SUVs continue to dominateTax cuts on small cars have increased their market share, rising from 2.3% to 3.3% recently. Sport utility vehicles have continued to gain ...
In 1975, West Virginia University opened a driverless transit system built as an experiment; 50 years later, its 67 cars have carried over 100 million tripsIn 1975, West Virginia University opened America's first large-scale driverless transit system, built as a federal experiment to fix a hill...
ETMarkets Smart Talk| STT, GST, brokerage, UPI charges: Varun Saboo on the hidden cost of frequent tradingIn this episode of ETMarkets Smart Talk, Varun Saboo, Head – Equities at Anand Rathi Share and Stock Brokers, breaks down the hidden cost o...
Auto retail sales rise 20% as GST cut boosts affordabilityAt Maruti Suzuki, passenger vehicle sales grew nearly 36% year-on-year between April and August 2026, with the entry-level segment surging ...
Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...
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 ...
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...
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...
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...
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...
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...
Bank of India MF CIO Alok Singh sees banks poised for a re-rating. Here’s what could trigger itBank of India Mutual Fund CIO Alok Singh sees scope for banks to re-rate as low NPAs, healthy returns and loan growth support fundamentals....
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...
India’s ‘sugar high’ warrants caution on RBI hikes, JPMorgan Chase & Co.’s Jahangir Aziz saysJPMorgan's Jahangir Aziz suggests India's economy is experiencing a temporary "sugar high" from past stimulus. He believes markets are anti...
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...
Pakistan announces austerity measures to conserve fuel as Gulf conflict spiralsPakistan announced austerity measures to conserve energy and reduce government spending. These steps include cutting fuel for official vehi...
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...
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...
British Columbia homeowner is charged in $35,000 by court for cutting down a neighbor’s trees to improve the Shuswap Lake viewIn a notable ruling, a woman from British Columbia secured a $35,000 award from the court after her neighbors maliciously damaged her trees...