Fuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...

Consumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...

The price hikes in petrol and diesel follow the increase in the duty on gold. The way these hikes are being implemented makes it clear that...

Tata Motors is proceeding with caution on its spending plans. The West Asia crisis has created several challenges for the company. Despite ...

Maruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...

Consumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months....

The mobile phone industry wants a lower GST rate. Currently, it is at 18%. The industry requests the government to reduce it to 5%. They sa...

The development comes within a week of gaming unicorn Mobile Premier League (MPL) laying off about half of its India team or close to 350 p...

In fact, the five-year smartphone PLI scheme will leave a revenue surplus of ₹11,000 crore if only the Centre's GST (goods and services tax...

“The rupee has depreciated significantly against the US dollar. Since we maintain less than 5% profit margin for all our hardware products,...

In a recent letter to finance minister Nirmala Sitharaman, the Indian Cellular & Electronics Association (ICEA) said the hike in the GST ra...

Handset makers and mobile retailers said the proposed GST hike on mobile phones is a “counter-intuitive and insensitive” move that will pla...

The decision to hike GST on mobile phones to 18% from 12% was taken at the GST Council meeting chaired by finance minister Nirmala Sitharam...

In the letter, Mitra said that the proposal should not be considered in the GST Council meeting on Saturday. "May I urge you not to make an...

"We strongly appeal to you to not increase GST on mobiles. The increase of 6% would directly lead to hike in prices of product, impacting c...

The makers are also expecting tax reduction on the energy efficient 5 star and 4 star products to increase adoption by the consumers.

Consumer electronics industry insiders said backdated billing may continue for next couple of days till fresh stock billed on GST rate arri...