Latest Updates Around The World
Driven by GST reforms, robust festive demand and softening commodity prices, the FMCG sector expects volume-based growth, supported by mid-single digit sales growth and improved operating margins in the December quarter.After resolving the GST-induced disruptions, with distributors and retailers focusing on liquidating existing higher-priced inventory in the channel, the FMCG companies have witnessed signs of […]
Indian SUV giant Mahindra & Mahindra (M&M) does not expect car prices to rise from January next year unless boosted by a significant rise in commodity prices, a top company executive said on Thursday.Given an automotive trend where automakers typically announce price increases every year from January onwards, Mahindra executive director and CEO for automotive […]
The car industry saw record sales growth during the Navaratri period from September 22 to September 30, data from Federation or Automobile Dealers Association did not reveal Tuesday. According to the data, the festive sale grew 34 percent on an annual basis. The sale of passenger vehicles grew by 34.8 percent, while the sale of […]
In the midst of a stream of headlines on GST, global rates, RBI movements and the upcoming US Fed Meeting, Devina Mehra, founder and CMD of First Global, says investors have to coordinate the noise and concentrate on Fundamentals. Speaking with et now, Mehra said that although some developments such as GST reform or global […]
Mumbai: The latest reforms in goods and service tax is expected to unlock a new credit demand, in particular in the segments for small and micro, small and medium-sized companies (MSME). Bankers say that the question is likely to be powered by increased consumption activity, working capital needs and private capital expenditures. The makeover that […]
Hyundai Motor India Limited (HMIL) has confirmed that it has announced the benefits of the goods and service tax (GST) reforms to customers and has announced considerable price reductions in models for passenger vehicles. The revised prices, with effect from September 22, 2025, will make Hyundai’s cars and SUVs more affordable with a maximum of […]
The GST reforms will ensure that iconic engine brands Yezdi and Jawa “shine if no one else” in their comeback course after they have disappeared from the market in the mid-90s due to a policy change, according to co-founders of Classic Legends, who the two brands have. The Bikes of the Two Brands Will Cost […]
Maruti Suzuki chairman RC Bhargava welcomed the recent tax reforms of the government and called it a milestone movement that could offer much-needed lighting to the car sector. “Well, first, the congratulations are not thanks to me, the congratulation must be given to the prime minister and the Minister of Finance for the implementation of […]
The Indian retail sector is ready for a revival led by consumption, because the recent decision of the GST Council to rationalize tax plates to reduce prices in a wide spectrum of goods. As of September 22, the new structure simplifies the system in two primary plates – 5% and 18% – while retaining a […]
The Indian market ended higher on Thursday after the government had cut off on a series of goods in a revision for goods and services (GST), aimed at stimulating consumption prior to the holidays and the compensatory pressure of steep American rates. The NSE Nifty provided 19.25 points, or 0.08%, to end at 24.734.30, while […]
