GST Reforms to Drive Auto Demand; Ancillary Industries Set to Gain

New Delhi- The government has said that recent GST reforms in the automobile sector will spur demand, boosting not only vehicle manufacturers but also ancillary industries including tyres, batteries, glass, steel, plastics, and electronics.

The…

GST rate rejig set to boost access and growth in Indian pharma sector

New Delhi- The recent restructuring of Goods and Services Tax (GST) is expected to make life-saving drugs and healthcare more affordable and accessible, while also driving growth in India’s pharmaceutical market, according to a report.

In…

Govt Directs Businesses to Display GST Cut Benefits; FMCG Sector Seeks Strict Monitoring

New Delhi: The Centre has instructed businesses to publish tentative price lists for products—including automobiles and consumer durables—reflecting the impact of the new Goods and Services Tax (GST) rate reforms. These comparative lists…

GST Rate Cuts Expected to Boost Credit Growth for Banks and NBFCs: ICRA

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…

Sensex Gains 350 Points, Nifty Above 24,850 as IT Stocks Lead

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…

Nissan India Slashes Magnite Prices by Up to Rs.1 Lakh After GST Cut

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…

GST Reforms Signal India’s Commitment to Growth, Ease of Business: USIBC

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…

Renault Slashes Car Prices by Up to ?96,000 After GST Reforms

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…

India’s Diesel Exports to Europe Double in August Ahead of EU Ban on Russian Oil Products

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…

GST Reforms Expected to Ease CPI Inflation by 65–75 bps in FY26–27: SBI Report

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…