- 06 Nov 2025 06:01 PM
- New
India’s services growth slows to five-month low in October as export demand softens
HSBC India Services PMI eased to 58.9 in October, but manufacturing regained momentum on GST relief and stronger productivity.
Read More
- 06 Nov 2025 05:53 PM
- New
Car and two-wheeler loans surge after GST cuts, truck financing lags
After months of muted demand, auto loans appear to have hit the fast lane.
The recent reduction in the goods and services tax (GST) rates on select vehicles to 18% from 28% has revived retail sentiment, sparking an uptick in passenger vehicle sales and demand for loans to finance them, four lenders said.
- 05 Nov 2025 06:06 PM
- New
Mint Quick Edit | India’s factory surge shows that GST rate cuts may be paying off
India’s latest manufacturing data shows the sector gaining momentum, a sign that GST cuts have stoked demand and production. Amid global trade headwinds, can this upswing withstand external shocks?
Read More
- 05 Nov 2025 06:22 PM
Blue Star Q2 Results: Firm posts just 3% growth in profit to ₹99 crore amid low room AC demand
During the quarter ended September 30, 2025, Blue Star's revenue from operations increased by 6.4% to ₹2,422.37 crores, up from ₹2,275.96 crores in the same period last year.
Read More
- 05 Nov 2025 06:12 PM
Tractors boost Mahindra’s quarterly earnings even as SUV momentum slows
Mahindra's consolidated net profit rose 13% to ₹3,955 crore, while revenue increased 22% to ₹46,106 crore in the three months through September. The revenue growth was led by a 32% surge in sales of tractors to 123,000 units during the period, while SUV sales rose 13% to 261,703 units.
Read More
- 05 Nov 2025 06:16 PM
Tax cuts, rate cuts, and a consumption boom: SBI dials up credit growth outlook
A gathering consumption wave is expected to lift credit growth beyond previous projections, India's largest lender State Bank of India said, as the combined effect of tax and interest rate cuts ripples through the economy.
Read More
- 03 Nov 2025 06:33 PM
Maruti bets on small-car boom after GST 2.0. But will it sustain?
Maruti Suzuki India Ltd’s latest management commentary has spurred hopes of brighter days after the September quarter (Q2FY26).
Read More
- 03 Nov 2025 06:37 PM
Mint Quick Edit | Tax relief has sped up auto sales but can October’s momentum last?
India’s GST rate cuts have sent car sales zooming to record highs, hinting at a revival in market demand that’s more than a festive season blip. Overall GST collection data looks strong too. But is it too early to celebrate?
Read More
- 03 Nov 2025 06:41 PM
India’s manufacturing rebounds in October as GST relief, tech push lift demand
The PMI rose to 59.2, indicating expansion, though external sales grew slowly. Manufacturers remain optimistic about future demand and production amid softening input prices.
Read More
- 03 Nov 2025 06:44 PM
GST reforms spark massive festive shopping spree, sales hit ₹6 trillion as consumer spending jumps 8.5%
GST reforms have boosted consumer spending during the festive season, with an 8.5% increase in sales compared to last year, amounting to ₹6 trillion. Major tax cuts led to increased demand for cars, kitchenware, and other goods, though some businesses faced supply chain disruptions.
Read More