Budget 2026: Manufacturing boost, higher divestment, no tax stimulus — ICICI Securities lists what to expect this year
  • 13 Jan 2026 06:16 PM
  • New

Budget 2026: Manufacturing boost, higher divestment, no tax stimulus — ICICI Securities lists what to expect this year

Source: https://www.livemint.com/market/stock-market-news/budget-2026-manufacturing-boost-higher-divestment-no-tax-stimulus-icici-securities-lists-what-to-expect-this-year-11768284318773.html

ICICI Securities analysts Vinod Kakri and Bhavesh Talreja said that after surprising last year on tax stimulus and GST cut later in the year, the Union Budget for FY27 is likely to limit spending and instead focus on developmental areas, like manufacturing and infrastructure.

Read More
ITC, Godfrey Phillips shares tank up to 19% as govt announces excise duty on cigarettes effective February 1
  • 01 Jan 2026 06:10 PM
  • New

ITC, Godfrey Phillips shares tank up to 19% as govt announces excise duty on cigarettes effective February 1

Source: https://www.livemint.com/market/stock-market-news/itc-godfrey-phillips-shares-tank-up-to-6-as-govt-announces-excise-duty-on-cigarettes-effective-february-1-11767239742073.html

Shares of cigarette companies ITC and Godfrey Phillips slumped by up to 19% in Thursday's trade (January 1), after the government imposed an excise duty on cigarettes, effective next month onwards.

Read More
India's fiscal deficit hits ₹9.76 trillion, nearly two-thirds of target
  • 01 Jan 2026 05:50 PM
  • New

India's fiscal deficit hits ₹9.76 trillion, nearly two-thirds of target

Source: https://www.livemint.com/economy/india-fiscal-deficit-nine-point-seven-six-trillion-rupees-government-finances-analysis-11767187230961.html

India's fiscal deficit from April to November 2025 stood at ₹9.76 trillion or 62.3% of the budget estimate for 2025-26, showed data from the Controller General of Accounts (CGA). Total receipts stood at ₹19.49 trillion, including revenue receipts of ₹19.10 trillion, while the government has spent ₹29.25 trillion.

Read More
Vodafone Idea shares to be in focus on Friday after GST penalty worth over ₹637 crore
  • 01 Jan 2026 06:21 PM

Vodafone Idea shares to be in focus on Friday after GST penalty worth over ₹637 crore

Source: https://www.livemint.com/market/stock-market-news/vodafone-idea-shares-to-be-in-focus-on-friday-after-gst-penalty-worth-over-rs-637-crore-11767266528487.html

Vodafone Idea share price will be in the focus of the stock market investors on Friday, 2 Janaury 2026, after the telecom giant received a ₹637 crore goods and services tax (GST) penalty demand from the Office of the Additional Commissioner Jurisdiction - CGST, Ahmedabad, according to an exchange filing.

Read More
India’s fiscal fault lines between Centre and states return to the spotlight
  • 01 Jan 2026 06:07 PM

India’s fiscal fault lines between Centre and states return to the spotlight

Source: https://www.livemint.com/economy/fiscal-fault-lines-between-centre-states-back-in-focus-rural-job-guarantee-scheme-vbgramg-11767158361166.html

States argue that their autonomy is being eroded as the Union government forces them to co-finance centrally sponsored schemes that they did not necessarily approve.

Read More
CAG flags states' fiscal stress as debt, committed spending erode revenue gains
  • 01 Jan 2026 05:56 PM

CAG flags states' fiscal stress as debt, committed spending erode revenue gains

Source: https://www.livemint.com/news/india/cag-states-debt-spending-revenue-fiscal-stress-11767197189054.html

India's states began FY24 with improved revenue but faced fiscal stress due to rising debt and fixed spending commitments. The CAG report highlights disparities in resource generation among states and a growing rigidity in budgets, limiting investment capacity despite better tax collections.

Read More
Exit old cess, enter new cess: Regime change for tobacco taxation from 1 February
  • 01 Jan 2026 06:02 PM

Exit old cess, enter new cess: Regime change for tobacco taxation from 1 February

Source: https://www.livemint.com/economy/regime-change-tobacco-products-taxation-cess-gst-compensation-revamp-11767201749441.html

New Delhi: The Centre on Wednesday issued an order giving effect to a new law levying a health and national security cess on tobacco and its products in place of the goods and services tax (GST) compensation cess, effective from 1 February. Separately, it also withdrew the compensation cess on tobacco products from the same date.

Read More
India's GST collections rise 6.1% to ₹1.74 trillion in December 2025 — Details here
  • 01 Jan 2026 06:18 PM

India's GST collections rise 6.1% to ₹1.74 trillion in December 2025 — Details here

Source: https://www.livemint.com/economy/indias-gst-collections-rise-6-1-to-rs-1-74-trillion-in-december-2025-details-here-11767261041193.html

India's gross goods and services tax (GST) collections surged 6.1% to hit ₹1.74 trillion in December 2025, compared on a year-on-year (YoY) basis amid the tax cuts implemented by the central government, according to the official data released on Thursday, 1 Janaury 2026.

Read More
Two-wheeler and passenger vehicle sales smash all-time records in a year of many firsts for automakers
  • 31 Dec 2025 06:06 PM

Two-wheeler and passenger vehicle sales smash all-time records in a year of many firsts for automakers

Source: https://www.livemint.com/industry/twowheeler-passenger-vehicle-sales-smash-all-time-records-automobiles-evs-maruti-hyundai-rare-earths-11767170697002.html

According to Vahan data, two-wheeler registrations grew 7% to a record 20.2 million units in 2025, while passenger vehicle registrations grew 9% to 4.38 million units, also a record.
New Delhi: India’s top manufacturers of scooters, motorcycles and cars are set to close the year on a record high, with two-wheeler retail registrations crossing 20 million and four-wheeler registrations crossing 4.3 million for the first time.

Read More
India’s FMCG sector is entering 2026 betting on volumes, not prices
  • 31 Dec 2025 06:14 PM

India’s FMCG sector is entering 2026 betting on volumes, not prices

Source: https://www.livemint.com/industry/india-fmcg-sector-2026-outlook-volume-led-growth-pricing-11765783529618.html

Easing inflation, GST tweaks and stable commodity costs are lifting sentiment, but questions remain over the durability of demand and margin protection.
Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at feedback@livemint.com.

Read More