20 Nov 2025 06:16 PM
New

Industry lobby seeks GST relief for a different type of hybrids

Source: https://www.livemint.com/industry/manufacturing/industry-lobby-seeks-gst-relief-on-range-extended-electriv-vehicles-reevs-11763558471874.html

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.

19 Nov 2025 05:50 PM
New

Exide’s dual bet: Can lithium-ion offset a weakening core?

Source: https://www.livemint.com/market/mark-to-market/exide-industries-stock-outlook-lithium-ion-business-battery-market-11763532420007.html

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.

19 Nov 2025 05:44 PM
New

GST cuts fail to deliver the consumption boost for footwear, apparel sectors

Source: https://www.livemint.com/companies/news/muted-festive-season-hits-apparel-and-footwear-retailers-despite-gst-relief-11763460492280.html

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.

19 Nov 2025 06:00 PM

Why election promises are pushing Indian states to the fiscal brink

Source: https://www.livemint.com/elections/state-fiscal-deficit-india-election-freebies-impact-11763534284378.html

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.

18 Nov 2025 06:26 PM

Stellar listing, lacklustre result: TINA factor may be one factor driving LG’s valuation

Source: https://www.livemint.com/market/mark-to-market/lg-stellar-listing-tina-factor-voltas-whirlpool-blue-star-11763443650800.html

LG Electronics' first quarterly results post-listing reveals a 27.7% drop in Ebitda, impacted by commodity costs and promotional expenses. Yet, it commands a high valuation, possibly driven by the absence of alternative pure-play consumer durable stocks.

18 Nov 2025 06:23 PM

Sensex could scale 1,07,000 by Dec 2026 in bull-case scenario after worst show vs EMs in 31 years, says Morgan Stanley

Source: https://www.livemint.com/market/stock-market-news/sensex-could-scale-1-07-000-by-end-2026-says-morgan-stanley-expects-equity-revival-in-bull-case-11763445708544.html

In the bull case, Morgan Stanley has pegged the Sensex target at 1,07,000, assuming oil stays below $65 per barrel, reflation policies deliver stronger growth, and global trade tensions ease with tariff reversals. Earnings growth is expected to compound at 19% annually over FY25–28.

18 Nov 2025 06:29 PM

India's Q2 GDP growth set to hit 7.5%, predicts SBI report; but has RBI missed the best window for a rate cut?

Source: https://www.livemint.com/economy/indias-q2-gdp-growth-set-to-hit-7-5-predicts-sbi-report-but-has-rbi-missed-the-best-window-for-a-rate-cut-11763454496014.html

India's GDP is projected to grow 7.5% in Q2 FY26, driven by investment revival and stronger rural consumption. SBI highlights a missed opportunity for the RBI to cut rates as inflation remains below 4%. The upcoming December policy meeting will be crucial for decision-making.

18 Nov 2025 06:09 PM

With IPO filings at a decade's high, calendar 2025 may end a record year by monies raised

Source: https://www.livemint.com/market/india-ipo-record-funds-raised-2025-volumes-hyundai-lg-swiggy-physicswallah-11763348144285.html

Mumbai: A decade-high number of filings for initial public offers, or IPOs, in 2025 has brought India within sighting distance of the highest ever amount of money raised in such share sales in a single year, data analysed by Mint showed.

18 Nov 2025 05:55 PM

GST cuts to boost urban demand, especially for packaged food: Marico CEO

Source: https://www.livemint.com/companies/news/gst-urban-demand-outlook-packaged-food-fmcg-marico-earnings-11763371881588.html

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.

17 Nov 2025 06:28 PM

FMCG volume growth moderates amid GST transition in September quarter, value up 12.9%: NielsenIQ

Source: https://www.livemint.com/companies/fmcg-volume-growth-gst-transition-value-food-staples-consumption-11763353129898.html

New Delhi: India’s fast-moving consumer goods (FMCG) sector reported a 5.4% rise in September-quarter volumes, which moderated sequentially on account of the transition to new goods and services tax rates, while the value of sales jumped 12.9%, according to data released by consumer intelligence platform NielsenIQ.