States are set to emerge as “net gainers” under the planned Goods and Services Tax (GST) rate overhaul, with collections including devolution likely to cross Rs 14.10 lakh crore this fiscal, SBI Research has projected in its latest report.The study underlined that earlier rounds of rate cuts in 2018 and 2019 triggered a short-term dip […]
With air passenger traffic projected to reach 600 million by 2030, Indian airports are evolving beyond transit hubs into high-potential commercial ecosystems. aerocities around major airports are expected to generate $29.5 billion in annual non-aero revenues, a 26% jump from current levels, through retail, hospitality, and real estate leasing, while creating new business districts and […]
US president Donald Trump (AP) US president Donald Trump’s sweeping tariff hikes on imports could shrink the US deficit by $4 trillion over the next decade, the Congressional budget office (CBO) said on Friday.According to CBO, Congress’ nonpartisan analyst, higher tariff revenue would reduce primary deficits by $3.3 trillion and trim federal interest payments by […]
As the Centre is proposing a two-slab structure pro-middle-class ‘Next Gen GST,’ many are concerned about its impact on the revenue. However, government sources clarified that the Centre and the states are equal partners in sharing the revenue and the proposal might boost revenue over time, fueled by increased consumption.Under the current Goods and Services […]
Amid concerns about the revenue impact of the Centre’s pro-middle-class ‘Next Gen GST’ with a proposed two-slab structure, government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption. Under the current Goods and Services Tax […]
Mumbai Indians, Royal Challengers Bengaluru (RCB), and Lucknow SuperGiants (LSG) reported revenue declines in FY25, according to the Economic Times.Reliance Industries-owned Indiawin Sports, which operates Mumbai Indians, posted a profit of Rs 84 crore, down from Rs 109 crore in FY24. Revenue slipped to Rs 697 crore from Rs 737 crore.Diageo-owned RCB reported revenue of […]
Bayer CropScience Ltd reported a 10 per cent increase in June quarter net profits at ₹278.7 crore over the corresponding period last quarter’s ₹254.2 crore on higher revenues. The company reported a 17.35 per cent increase in revenue from operations at ₹1,914.6 crore for the quarter over corresponding last quarter’s ₹1,631.4 crore. Profit before tax […]
Business Wire India According to the latest analysis from Omdia’s Automotive Display Intelligence Service, the global automotive display market is set to see strong growth in 2025 with display panel revenues projected to reach $13.6 billion, an 8% year-over-year (YoY) increase. Omdia further forecasts that the market will grow to $18.3 billion by 2030. […]
Agritech firm DeHaat said Tuesday it ended FY25 with a consolidated revenue of nearly ₹3,000 crore, marking an 11 per cent year-on-year (y-o-y) growth. In a statement, DeHaat said it is currently operating at an annual revenue run rate of ₹4,000 crore. For the financial year 2026, DeHaat has a target of ₹800 crore in […]
China’s export restrictions on rare earths have disrupted the global auto supply chain, forced production halts by carmakers, and pushed US President Donald Trump back to the negotiating table—but at home, the curbs have dealt a fresh blow to struggling Chinese magnet makers.Beijing imposed the restrictions in April in retaliation for US tariffs, severely impacting […]
