New Delhi: A new report by rating agency ICRA projects stronger credit growth for banks and non-banking financial companies (NBFCs) in FY2026, supported by GST rate cuts, an upcoming CRR reduction, and abundant liquidity in the system.
According…
Mumbai – Indian equity markets opened higher on Tuesday, driven by strong gains in IT stocks. The Nifty IT index surged 1.7 per cent in early trade, setting the tone for the rally.
At 9:23 a.m., the Sensex was up 355 points (0.44%) at…
New Delhi – Nissan Motor India on Monday announced a price reduction of up to ?1 lakh across its New Magnite range, following the government’s decision to cut GST on passenger vehicles.
The company confirmed it is passing the entire…
New Delhi- The rationalisation of GST slabs represents a major step toward creating a simpler, more transparent, and efficient tax system, the US-India Business Council (USIBC) has said.
In a statement, the Council noted that it looks forward…
New Delhi- Renault India on Saturday announced major price cuts across its lineup following the rollout of GST 2.0, passing the entire benefit to customers.
The company’s three models—Kwid, Triber, and Kiger—are now cheaper…
New Delhi- India’s diesel exports to Europe more than doubled in August as buyers rushed to secure cheaper supplies ahead of the European Union’s upcoming ban on fuels refined from Russian crude, set to take effect in January 2026, market…
New Delhi- The upcoming GST 2.0 reforms could moderate Consumer Price Index (CPI) inflation by 65–75 basis points over FY26–27, according to an SBI report. The simplified tax system is expected to boost consumption, particularly among…
New Delhi — The government’s move to restructure the Goods and Services Tax (GST) into three slabs—5%, 18%, and 40%—is expected to provide significant relief to the automobile industry and consumers, with vehicle prices projected…
New Delhi — The Federation of Indian Chambers of Commerce & Industry (FICCI) on Thursday welcomed the GST 2.0 reforms, calling them a landmark step that will bring greater transparency and predictability to India’s tax regime while…
New Delhi – India’s automobile sector delivered resilient retail sales in August, buoyed by festive-season demand, even as customers weighed the potential impact of the upcoming GST revisions, according to a report by HSBC Global Investment…