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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,…
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…
Last Updated:October 12, 2025, 5:40 PM IST FPIs became net buyers in Indian markets with Rs 3289 crore purchases, driven by improved earnings outlook and narrowed valuation gap, amid renewed US-China trade tensions. News18 Foreign Institutional Investors (FPIs) slowed their selling in October and turned net buyers in the Indian cash market during the last…
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…
New Delhi: The rollout of GST 2.0 rate cuts is set to bring direct relief to Delhi households by lowering their day-to-day expenses. At the same time, the move is expected to boost the city’s economy, as MSMEs, traders, and the hospitality sector gain from reduced input costs, stronger demand, and improved competitiveness. Widespread Impact…
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….
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…