Indian Markets Open Higher On GST Rate Cuts Despite US Trade Concerns
Indian benchmark indices opened higher on Monday, aided by GST rate cuts despite lingering US trade tensions.
GST Reforms Bring Relief To Diamonds And Jewellery Sector, Says GJEPC
The Gem and Jewellery Export Promotion Council (GJEPC) said on Friday that recent GST reforms have eased pressures on the diamonds and jewellery sector.
India’s Bioeconomy Grows To $165.7 Billion In 2024; Sets $300 Billion Target By 2030
India’s bioeconomy has grown from $10 billion in 2014 to $165.7 billion in 2024, with a target of $300 billion by 2030.
GST Council Cuts Rates On Hotels And Flights To Boost Tourism And Spending
The GST Council, led by Finance Minister Nirmala Sitharaman, cut the GST on hotel rooms priced below ₹7,500 to 5 per cent without input tax credit (ITC).
GST Rate Cuts Can Ease Inflation, Pave Way For RBI Repo Rate Cut: HSBC Report
The recent GST rate cuts can further lower inflation if companies pass on the benefits to consumers, an HSBC report said on Thursday.
Apple’s India Sales Hit Record $9 Billion In FY25; Opens New Stores In Bengaluru And Pune
Apple’s annual sales in India hit nearly $9 billion in FY25, Bloomberg reported, citing a person familiar with the matter.
GST Cut On Automobiles Set To Revive Sales Ahead Of Festive Season
GST reduction on cars, bikes, and auto components is expected to lower costs, boost consumer demand, and support electric vehicle adoption in India.
India’s Food Processing Sector Set To Reach $535 Billion By FY26, Experts Say
India’s food processing industry is projected to grow to $535 billion by FY26, driven by rising consumption, organic demand, technology, and government initiatives.
Tata Motors Announces Price Cuts Of Up To ₹1.45 Lakh Under GST 2.0
Tata Motors announced on Friday that it will reduce prices across its passenger vehicle range by up to ₹1.45 lakh, effective from September 22, in line with the newly approved GST 2.0 regime.
Coca-Cola Sees Long-Term Growth Potential In India, Says COO
Coca-Cola COO Henrique Gnani Braun highlights India’s long-term market potential, growing consumer base, and commitment to strategic expansion.
