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During his Independence Day address on August 15, 2025, Prime Minister Narendra Modi announced a potential rationalisation ...
The Indian stock market is witnessing a major rally in auto and consumer goods stocks, including Ashok Leyland, Voltas, Hyundai Motor India, Hero MotoCorp, and Maruti Suzuki.
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Hero MotoCorp surged 8.67 per cent to Rs 5,114.45. Maruti Suzuki India climbed and was Sensex's top gainer. The largest car maker in India was up 6.06 per cent at 13,703.20 apiece.
Auto shares soar as govt mulls GST cut on small cars from 28% to 18%, with Hero MotoCorp and Maruti Suzuki leading sector ...
Shares of Maruti Suzuki India Ltd and Mahindra & Mahindra Ltd (M&M) hit a record high in intraday trade on Monday after the ...
India has proposed lowering the Goods and Services tax (GST) on small cars to 18% from the current 28% as part of sweeping consumption tax cuts, a government source said on Monday. The reduction, part ...
After a global search for a new chief executive, the real estate listings provider found a surprise pick closer to home at ...
There are strong tailwinds for the market with potential to take it higher, said VK Vijayakumar, Chief Investment Strategist ...
GST rationalisation to two slabs is set to boost consumption, with autos, staples, cement, insurance, and durables among key beneficiaries.
The S&P BSE Sensex was up 1,062.91 points to 81,659.75, while the NSE Nifty50 jumped 356 points to 24,987.30 as of 9:32 am.
Brokerage Morgan Stanley pointed out that autos account for 14 percent of GST collections and form a major chunk of the 28 percent bracket. It estimates that a rate cut could meaningfully benefit list ...
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