Mahindra & Mahindra shares emerged as the striking profit in India’s auto sector after sweeping tax cuts under the new “GST 2.0” regime, with the shares that on Thursday up to 9% of chats as brokerages including Emkay Global, Motilal Oswal, and Icici immediately said M & M said devision. Finance Minister Nirmala Sitharaman announced […]
The GST reforms will lower the rates on essential FMCG products from 18 percent to 5 percent, with regard to important categories, including hair oil, shampoo, toothpaste, toilet soaps and shaving foam -products that form a considerable part of the HUL’s portfolio. Hindustan Unilever Limited (HUL) Shares rose by 1.19 percent to £ 2,696.30 in […]
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 […]
Automobile and consumer electronics dealers are careful for the crucial party season, because they are waiting for an imminent reduction of goods and service tax (GST) and product prices. The dealers slowly continue with the addition of inventory to maintain working capital and to prevent funds in the input tax credit from being locked if […]