High Frequency Indicators Show GST Cuts Have Accelerated Growth: Centre

High Frequency Indicators Show GST Cuts Have Accelerated Growth: Centre

New Delhi: Various high-frequency indicators reflect that India’s economic activity has gained momentum following the reduction in the Goods and Services Tax (GST), according to the Finance Ministry’s Monthly Economic Review released on Thursday. E-way bill generation expanded by 14.4 per cent during September and October 2025 on a year-on-year basis. At the same time,…

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UPI transactions hit Rs 94,000 crore daily in October; festive spending, GST cuts drive record surge

UPI transactions hit Rs 94,000 crore daily in October; festive spending, GST cuts drive record surge

India’s Unified Payments Interface (UPI) is heading for its strongest month ever, with average daily transactions in October surging to Rs 94,000 crore, up 13 per cent from September, according to data from the National Payments Corporation of India (NPCI). With more than a week left in the month, UPI is on course to record…

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Festive Stocking, Tax Relief & GST Cuts To Drive Auto Demand In H2FY26: Report

Festive Stocking, Tax Relief & GST Cuts To Drive Auto Demand In H2FY26: Report

New Delhi: The Indian automobile industry is heading into the second half of FY26 with cautious optimism, as festive stocking, reduction in GST rates, and income tax relief are expected to boost consumer demand, a report said on Friday. Meanwhile, September sales data reflected a mixed trend — with strong growth in two-wheelers, three-wheelers, commercial…

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Auto Stocks Rally Up To 6% As Price Cuts, BofA Upgrade Fuel Momentum; Tata Motors, M&M Lead Gains

Auto Stocks Rally Up To 6% As Price Cuts, BofA Upgrade Fuel Momentum; Tata Motors, M&M Lead Gains

Last Updated:September 08, 2025, 12:04 is Auto stocks rallied sharply after several automakers announced price cuts in response to GST Council’s decision to slash taxes on vehicles Auto Stocks Rally Auto stocks rallied sharply on September 8 after several automakers announced price cuts in response to the GST Council’s decision to slash taxes on vehicles….

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SUV Lovers To Pay More, Big Savings On Small Cars & Bikes: What Buyers Should Know

SUV Lovers To Pay More, Big Savings On Small Cars & Bikes: What Buyers Should Know

Last Updated:September 04, 2025, 01:48 is The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, has proposed to slash GST rates on certain vehicles from 28% to 18%. The GST cuts will make automobiles more accessible.(Representative Image) The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising ministers from all states, approved…

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