Economy

PM Modi: Rozgar Melas, Pratibha Setu portal and GST reforms create 11+ lakh jobs

Prime Minister Narendra Modi addressed the Rozgar Mela via video message, in New Delhi on Friday. | Photo Credit: DPR PMO/ANI Photo Prime Minister Narendra Modi on Friday said the BJP-led NDA government is working to empower the youth and has created avenues to connect candidates, who have narrowly missed government jobs, with prospective employers […]

Premiumisation rides high in 2Ws, GST relief may nudge entry bikes

CHENNAI: Even as the government’s GST cut raises hopes for a revival in entry-level bike sales, the long-term direction of India’s two-wheeler market remains clear — a steady march toward premiumisation, with buyers shifting gears toward more powerful, stylish, and tech-savvy models.Industry analysts point out that premiumisation is no longer just a trend — it’s […]

Colgate Q2 Performance Impact of GST Cut, ETCFO

Colgate-Palmolive (India) Limited saw its operations affected in Q2 FY’26 after the government cut GST on oral care products from 18% to 5%, a move the company says boosted consumer savings but caused temporary disruptions at distributors and retailers. Net sales for the quarter were Rs 1,507 crore, down 6.3% year-on-year but up 6.1% sequentially […]

‘Made in India’ and GST reforms boost record Diwali sales: Industry leaders, ETCFO

New Delhi, Industry leaders across India on Wednesday praised the country’s record-breaking Diwali trade this year, saying that Prime Minister Narendra Modi’s vision of ‘Made in India’ and recent economic reforms are showing strong results on the ground. According to a nationwide survey conducted by the Confederation of All India Traders (CAIT), India recorded its […]

Nostalgic Rs 5 biscuits back? This is how FMCG firms will pass GST 2.0 benefits—It’s not cutting prices!

Repriced and repacked! Your biscuit, shampoo and water bottles will now be bigger!Remember when a Rs 5 Parle-G pack or a Rs 20 Bisleri bottle felt like such a steal, giving you more than you expected?Those days could soon be back as FMCG companies are planning to bring back these familiar price points by mid-November, […]

GST rate cut impact on apparel retail sector in India, ETCFO

An analysis by Crisil Ratings of 40 organised apparel retailers, accounting for a third of the sector’s revenue, indicates that the recent goods and services tax (GST) rationalisation will add about 200 basis points (bps) to revenue growth of India’s organised apparel retail sector this fiscal, keeping it steady at 13-14% for the second consecutive […]

Economy

GST revisions to boost organised apparel revenue by 200 bps; keep growth at 13-14%: Report

The uniform 5% GST rate — versus the previous dual structure of 5% below ₹1,000 and 12% between ₹1,000 and ₹2,500 — has widened the consumption base. The recent goods and services tax (GST) rationalisation is set to lift revenue growth of organised apparel retailers by about 200 bps this fiscal, keeping the topline steady […]

Triple bonanza this Diwali: How income tax cuts, GST reductions & repo rate cut have put around Rs 1.5 lakh in your pocket – explained

In this article, we take a look at how irrespective of the income level you are at, there is more money in your pocket thanks to either tax cuts, EMI reductions or a combination of both. (AI image) This Diwali, you have more disposable income in your hands thanks to a triple bonanza of government’s […]