Searched for
GST RATE CUT AIR CONDITIONERS
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
Cut GST on smartphones below Rs 25,000 to 5%: GT Bharat-PWIF reportA new whitepaper suggests a significant GST reduction on smartphones under Rs 25,000 to 5%, while retaining 18% for pricier models. This mo...
Europe can’t just air-condition its way out of the heatwave meltdownEurope's infrastructure, built for cold, is struggling with record heatwaves. From buckling train tracks and melting roads to hospitals can...
Empathy for Europe, 'mockery' for India? How the European heatwave exposes global double standards Indians face, Polish woman explainsA Polish woman living in India has gone viral after questioning what she called a double standard in how climate-related hardships are view...
India's June power consumption rises 11.6% on heatwave, delayed monsoonIndia's power consumption surged by 11.62% in June, reaching 166.46 billion units, driven by a severe heatwave and delayed monsoon. This pu...
EPACK Durable gets Andhra Pradesh nod for Rs 1,084 crore investment under Electronics Manufacturing Policy 4.0EPACK Durable and its subsidiary will invest over Rs 1,000 crore in Andhra Pradesh to boost manufacturing of air conditioners, washing mach...
Beyond refunds: Why GST 2.0 is a growth enabler for MSME exportersLiquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact...
June GST collections 13.9% to ₹1.95 lakh croreIndia's GST revenue surged 13.9% to ₹1.95 lakh crore in June, driven by a significant 34.6% jump in import tax collections. While domestic ...
In Graphics: How GST cuts triggered a rally for Indian businessesGovernment analysis reveals that last September's Goods and Services Tax rate adjustments led to a significant expansion of the tax base. H...
Voltas gears up to start AC exports to tap growing demand in Europe, Middle EastVoltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging...
Carmakers pare discounts as GST cut revives small-car demandCar manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-mar...
DPIIT issues guidelines to operationalise transition facilitation order for quality certificationNew guidelines from DPIIT now offer companies an alternative pathway for product quality certification under ten selected Quality Control O...
Built for cold, battered by heat, summer is bringing Europe to its kneesEurope is grappling with a devastating heatwave, claiming over 1,300 lives and straining medical facilities. The extreme temperatures highl...
As Europe faces extreme heat, China's 'Spider-Woman' AC installer stuns the internetAs Europe swelters under a severe heatwave, a viral video of a woman expertly installing an air conditioner while dangling outside a Chines...
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
People scramble to buy ACs and cooling fans in France as record Europe heatwave disrupts schools, nuclear reactorsEurope is grappling with a severe heatwave, forcing France to elevate health emergency responses and consider public alcohol bans. Schools ...
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...
Voltas sells one million AC units in first quarter of FY27Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial y...