Tata Sierra launch expected to lift Tata’s SUV market share from 16.9% to 20% - 25%. Tata Motors Passenger Vehicles targets double-digit growth in FY26, backed by strong post-GST demand momentum, and plans to extend Sierra lineup with EV/AWD variants.
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Bengaluru: Apparel retailers are banking on a stronger winter season as an on-time, sharper dip in temperatures revives demand for sweaters and jackets after last year’s unusually warm spell left them with excess stock and heavy discounting.
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The Centre is set to give Indian tractor makers major relief by delaying the rollout of the next phase of emission rules—the Tractor and Machinery Emission Standards V (TREM V)—for tractors below 50 horsepower (HP), two officials told Mint.
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The Centre is set to give Indian tractor makers major relief by delaying the rollout of the next phase of emission rules—the Tractor and Machinery Emission Standards V (TREM V)—for tractors below 50 horsepower (HP), two officials told Mint.
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Inverted duties refer to situations where raw materials are taxed more than the final product, skewing prices, straining working capital, and pulling businesses into protracted refund battles.
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Source: https://www.livemint.com/economy/rbi-state-of-economy-report-india-growth-11763994759167.html
India's economy shows resilience with robust growth in manufacturing and services, supported by GST reforms, according to the Reserve Bank of India's report. However, global market volatility and elevated equity valuations raise concerns for financial stability.
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Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up. Hybrid sales are rising overseas, Indian automakers are preparing a range of hybrid launches, and there is growing pressure to tax hybrids on par with electrics—all promising tailwinds for the segment.
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India's auto sector is expected to witness demand recovery over the next two to three years, driven by robust macroeconomic stimulus measures such as the upcoming Pay Commission salary revision, income-tax rate reduction, and interest rate cuts, according to a report by Incred Research.
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From Delhi's air pollution to the spectrum battle, lower inflation, GST growth and BJP's victory.
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It began, as these things now often do, on social media, when a post went viral alleging arbitrariness and corruption in Chennai Customs. The controversy centred around a shipment of personal massagers with rechargeable batteries, which were detained over a purported misdeclaration on their import. Within hours, hashtags accused the authorities of “harassing businesses" and “confusing tax codes."
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