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 […]
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-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 […]
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 […]
New Delhi: Most salon chains, fitness centres, gyms and yoga clubs across the country have raised prices by 10-20% despite the reduction in goods and services tax (GST) rate to 18% from 5% from September 22, citing the simultaneous withdrawal of the option to claim an input tax credit (ITC). Executives said these businesses had […]
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, […]
MUMBAI: It has been a cracker of a Diwali for retailers this year as GST rate cuts has boosted consumption, enabling the middle class to add more items to their shopping bags this festive season. From lab-grown diamonds to casual wear and products to adorn their homes, both mass and premium segments of the market […]
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 […]
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 […]
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 […]
