If you’re shopping for a new car, the decision just got trickier. Electric or petrol?
A recent cut in Goods and Services Tax (GST) on certain internal combustion engine (ICE) vehicles and strategic price cuts by carmakers has made some petrol and diesel SUVs ₹2 lakh cheaper or more. That’s good news for car buyers, but it also complicates one of today’s biggest financial decisions: does an electric vehicle (EV) still make economic sense? The debate gains importance as air quality deteriorates sharply in the capital city and nearby, partly due to vehicle emissions.
Delhivery seeks to boost profit margins after acquiring Ecom Express, reducing the need for heavy discounts. The company reported a 16.3% revenue increase, while logging a net loss of ₹51 crore. Its express parcel volumes rose 32% year-on-year in the September quarter.
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Source: https://taxguru.in/goods-and-service-tax/gst-collections-rise-rs-1-96-lakh-crore-oct-2025.html
India’s gross GST revenue for October 2025 stood at ₹1,95,936 crore, reflecting a 4.6% year-on-year growth compared to ₹1,87,346 crore in October 2024. The domestic GST revenue grew 2%, rising from ₹1,42,251 crore to ₹1,45,052 crore, while import-related GST collections registered a robust 12.9% growth, signaling continued trade activity. The yearly gross GST revenue for October 2024–October 2025 increased by 7.8%, reaching ₹10.40 lakh crore. Total net GST revenue for October 2025 amounted to ₹1,69,002 crore, marking 0.6% monthly and 7.1% yearly growth. Refunds also increased substantially by 39.6%, led by a 55.3% rise in import refunds.
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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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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.
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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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