- 21 Nov 2025 05:17 PM
- New
TCA Anant: A viral customs spat shows the confusion caused by an outdated product classification system
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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- 21 Nov 2025 05:02 PM
- New
These Indian firms doubled profits in Q2. But is the story as good as it looks?
India Inc. has delivered a strong September quarter. With the Q2FY26 earnings season nearly complete, the scorecard shows robust 11% topline growth and margin-driven 13% earnings growth—excluding financial services and oil marketing companies.
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- 21 Nov 2025 05:24 PM
- New
Street scales a high as heavyweights fire. Will the rally last?
Optimism lit up the Street on Thursday as the Nifty touched a 13-month high, with index heavyweights surging as the US-trade deal appeared closer than ever before. Buying in large caps and derivatives short-covering may sustain the rally, experts said, even as caution prevails over how long the rally lasts.
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- 21 Nov 2025 05:27 PM
Digital gold gets a red flag. Gold ETFs see an opening—but will investors bite?
MUMBAI: Mutual fund houses are stepping up efforts to position gold exchange-traded funds (gold ETFs) as a safer, fully regulated alternative to digital gold after a recent regulatory warning prompted fresh scrutiny of the fast-growing digital gold market.
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- 20 Nov 2025 06:13 PM
After October GST cloud, await the November shine
India's Goods and Services Tax (GST) revenue is poised for a strong recovery in November, limiting the impact of the September rate cuts on state and central revenues, according to internal government assessments. The Centre expects the revenue buoyancy to sustain, thanks to the robust demand in the economy and a growing tax base.
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- 20 Nov 2025 06:16 PM
Industry lobby seeks GST relief for a different type of hybrids
New Delhi: One of India’s top industry lobbies has asked the government to initiate discussions on providing range-extended electric vehicles or REEVs, a type of hybrid vehicle, tax parity with EVs to incentivise automakers to introduce such models.
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- 19 Nov 2025 05:50 PM
Exide’s dual bet: Can lithium-ion offset a weakening core?
Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.
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- 19 Nov 2025 06:00 PM
Why election promises are pushing Indian states to the fiscal brink
Welfare promises being made by political parties ahead of elections in recent years are beginning to reshape the fiscal landscape of Indian states. Political considerations are pushing spending up, even as revenue sources remain stressed and capital outlay meant to power long-term growth is uneven. Bihar’s existing strain is unmissable, but the pressures are now visible across several states heading into or emerging from polls, pointing to a structural shift in how state finances can balance welfare and sustainability.
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- 19 Nov 2025 05:44 PM
GST cuts fail to deliver the consumption boost for footwear, apparel sectors
NEW DELHI : The goods and services tax cuts were expected to bolster consumption across sectors, but failed to spark the expected revival for India’s apparel and footwear retailers. An early Diwali, weak discretionary spending and erratic weather culminated in a lacklustre festive season for the two categories.
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- 18 Nov 2025 05:55 PM
GST cuts to boost urban demand, especially for packaged food: Marico CEO
NEW DELHI : Homegrown fast-moving consumer goods (FMCG) major Marico Ltd expects India's urban demand, especially in categories such as packaged foods, to perk up in the coming quarters aided by tailwinds from the recently-cut goods and services tax rates. This sets up a more stable outlook for the company after a quarter marked by input cost rise and tax-related disruption.
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