Tag: GST rate cuts
Despite tariffs, India’s Q2 FY26 GDP growth likely at 7.5%, higher than last year: Union Bank Report
India’s economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per…
Sustaining festive season demand trend to depend on broader economic condition: ICRA
Festive season trends point to a rebound in demand, especially for consumer durables, as GST rate cuts have eased the tax burden for consumers, but…
India’s Q2 growth forecast at 7.3% on rural show, higher govt capex
New Delhi: India’s economic growth likely accelerated to 7.3% in the second quarter of the fiscal year, buoyed by a resilient rural economy, higher government…
India’s wholesale prices fall 1.21% year-on-year in October
Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and…
GST rate cuts pull down October inflation by 85 bps, declining trend to continue: Experts
The GST rate cuts brought down retail inflation by 85 basis points to a record low of 0.25 per cent in October and the declining…
Retail inflation slows to a record low of 0.25% in October
India’s retail inflation slowed to a record low of 0.25 per cent in October against 1.54 per cent in September, as food prices fell sharply…
India’s Economic Growth Surges Beyond 6.8% Driven by GST Cuts and Trade Prospects
Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday exuded confidence that economic growth would be upwards of 6.8 per cent in the current financial…
GST collection sparkles despite wholesale cuts; Govt foresees marginal shortfall from budget estimates, upbeat about Oct numbers
New Delhi: India’s goods and services tax (GST) revenues have remained robust even after early September’s sweeping structural rationalisation that slashed rates on 99% of…
India’s growth outlook for FY26 remains strong, says Finance Ministry
India’s growth outlook for the current fiscal year remains strong, supported by domestic demand, a favourable monsoon, lower inflation and the recently introduced GST rate…
GST reduction boosts sales, consumption likely to stay strong: Sitharaman
Finance minister Nirmala Sitharaman said the reduction in goods and services tax (GST) rates from September 22 spurred consumption. She exuded confidence that the demand…