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.
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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.
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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?
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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?
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Maruti Suzuki India Ltd’s latest management commentary has spurred hopes of brighter days after the September quarter (Q2FY26).
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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.
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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 MoreEvery day, two narratives emerge on India’s GST (goods and services tax) registration portal. The first belongs to Rajesh, a small manufacturer in Pune, who spends three days downloading a utility bill copy from online portals, locating, and scanning his rent agreement, compiling identification documents, and finally uploading them on the GST registration portal
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Muted demand and higher costs tripped up the shoemaker in Q2FY26, but festive sales and premium brands may help it regain pace.
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The MSME sector demonstrated strong growth during the July-September quarter. While external challenges such as Trump tariffs moderated optimism, the outlook remains positive, fueled by government measures and anticipated domestic demand during the festive season.
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