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GST IMPACT ON SWEETS
‘Markets will remain noisy. That’s how you make money’: Axis MF’s CEO & MD B. Gopkumar on SIPs, volatility and investingAxis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy in...
RBI MPC: India's Goldilocks moment dims, but the lights are not outIndia's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
India in a 'sweet spot', GDP growth to top 7% this fiscal year: FICCI PresidentIndia is poised for sustained growth exceeding 7% this fiscal year, driven by strong macro fundamentals and ongoing reforms, according to n...
Look beyond tariffs; great potential in building materials, domestic pharma and chemicals: Sorbh GuptaBajaj Finserv AMC’s Sorbh Gupta said US tariffs on India pose limited earnings risk, with only 2% of MSCI India revenues exposed. He sees s...
GST collection surges over 10 per cent to Rs 1.82 lakh crore in JulyThe gross GST collection rose by 10.3 percent, reaching Rs 1,82,075 crore in July, per a report by ET Bureau on Thursday. The government's ...
Industry welcomes NDA win; seeks more reforms to accelerate growthIndustry has welcomed the “decisive victory” of the NDA while asking the next government to extend its reform agenda to new areas land and ...
Betting on this theme for investment: Mukul Kochhar, Investec Capital ServicesConsumer staples have not been disturbed by GST but consumer discretionary stocks will do better in H2.
Indians likely to spend less this Diwali, says surveyThe survey conducted by news app InShorts and research firm Ipsos said though 21 per cent will be spending more over last year, 18 per cent...
GST did not have a very serious impact on us: Sambasiva Rao, Heritage Foods"Most of the milk, butter milk, lassi, curd are all exempt from GST so we do not see much impact of GST on any products," said Rao.
GST impact: Cheaper to eat sweets at shop counter than seated at tableIf you have the sweet at the counter and walk out after paying the bill, many mithaiwalas will charge 5% GST. But if you decide to enjoy it...
Almost all consumer companies to see flat to negative volumes in Q1: Abneesh Roy, Edelweiss SecuritiesVolume growth and margin expansion will lead to earnings growth picking up
GST or not, don’t worry till Nifty cracks 8,900: Pankaj Pandey, ICICI DirectThe company which offers better growth rate would find favour.
Expert view: GST's impact on inflation - 50% prices untouched, 30% lowered, 20% increasedAnti-profiteering measures to combat temporary inflation during the tax transition phase work best when implemented well before implementin...
Markets still attractive for long-term investors : Jyoti Vaswani, Future Generali India Life InsuranceEarnings so far paints an encouraging picture as far as demand revival is concerned: Jyoti Vaswani CIO, Future Generali India Life Insuranc...
Daily-use items to become cheaper, say FMCG companiesThe announcement of the GST rates has brought cheer to at least some consumer goods firms, which expect the decision to help boost consumpt...
GST to fuel consumption, say FMCG companiesThe GST slabs announced so far indicate that mass consumption items will be taxed lower, said Saugata Gupta, managing director at Marico.
Preparing for GST: For SMEs this can be a good starting pointGST is still complicated for many businesses. Most SMEs have heard big promises that this legislation will bring in, but business implicati...
GMDC to gain from rise in imported coal prices, GSTIndustry experts believe that the tax rate for GMDC on lignite could reduce from 37%, at present to 12%, post GST.
India in a sweet spot; private investment uptick soon: Chanda Kochhar, ICICI Bank MD and CEOChanda Kochhar said India is in a "sweet spot" amid the global economy witnessing a low-growth and low-inflation environment.