Latest Updates Around The World
Foreign Institutional Investors (FIIs) have a huge RS 4,500 CRORE bets blitz on Indian auto shares Disapped since the GST rationalization announcement of Prime Minister Narendra Modi, the announcement of the rationalization, aggressive positions to be a consumption of the sector-Geleide-Geleignebesty-Geleign The dramatic increase in the appetite of foreign investors comes as the decision of […]
The Indian stock market is a strong run, with the handy closing of the 25,500 point and the optimism building for Diwali. Ajay Srivastava, CEO of Dimensions Corporate, now spoke with ET about how recent GST reductions, changing the government policy and sectoral trends shape the investor sentiment. GST Cuts: a boost for demand and […]
With effect from 22 September, manufacturers and marketing companies must pass on the full benefits of the GST reduction to dealers, retailers and ultimately consumers. | Photocredit: JK1991 In a relief of pharmaceutical manufacturers and marketers, the National Pharmaceutical Pricing Authority (NPPA) has clarified that replacing or redesigned drug packages are re -applied Changes are […]
Mumbai: The re -hunting of GST -plates will make products more affordable for consumers, which facilitates the stress for the market segment at entry level, said Nyrika Holkar, executive director of Godrej Enterprises Group (GEG), who expects a reduction of taxes to give parties. The move, Holkar said, will also push premiumization. Availability of financing […]
Shares of Bajaj Finserv and Bajaj Finance rose by 3.5% to RS 2.034.40 and 5.8% to RS 948.20, on Thursday after the government has announced a considerable GST rate rate on the most important sustainable of the consumer. The goods and service tax (GST) on items such as air conditioners, televisions above 32 inches, monitors […]
Indian Benchmark -Indices Sesex and Nifty traded higher on Thursday after the government had put taxes on a series of goods in a revision of goods and services (GST), aimed at stimulating consumption prior to the festive season and compensating for steep American rates, among other things. The NSE Nifty achieved 200 points, or 0.80%, […]
Industrial growth is a highlight of four months in July, but the process for the coming months will depend on the export performance and the impact of higher rates, according to Upasana Chachra, Chief India Economist at Morgan Stanley. The index of industrial production (IIP) rose by 3.5%in July, partly due to the export of […]
The Indian economy has to do with some obstacles because of the recently imposed rates, but strong local demand, falling raw materials and supporting policy can help alleviate the impact, according to the Independent Economist and Monetary Policy Committee (MPC) member Saugata Bhatacharya. Bhattacharya now spoke with ET that if the 50% rate remains due […]
Et Intelligence Group: Consumer Goods Company Dabur India was able to maintain the operational margin year-on-year in the quarter of June, despite the inflationary pressure, helped by the increase in product prices and cost-saving initiatives. In view of the softening of the input costs in the current quarter, the company is expected to be reported […]
