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INDIA GST REDUCTION
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...- 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...
- No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
- As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
- Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
- Civil society platform seeks Suvendu help to stop SBI from shifting key centres from KolkataA civil society group has asked West Bengal Chief Minister Suvendu Adhikari to stop State Bank of India from moving key processing centres ...
- World Bank Raises India's FY27 Growth Forecast to 6.6%India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US t...
- Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...
- EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...
- Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Income tax burden reduction over 12 years reflects 'Ramrajya', government saysA government booklet marks Narendra Modi's tenure as India's longest-serving Prime Minister. It highlights tax reductions and reforms like ...
- Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
- Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA SecuritiesIndia's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, risi...
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...
- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- Good news for diabetes & BP patients: Govt cuts prices of these 30 medicines, relief may reach pharmacies soonThe National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 30 essential drug formulations, including those for diabet...
- Corporate India posts 25% profit surge in Q4 FY26, but rising costs squeeze marginsCorporate India's March quarter net profit surged 25.3%, driven by non-operating factors, masking operating challenges like rising input co...
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