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    Hyundai, Tata Motors shares in focus on announcing price cuts following GST reform

    Hyundai Motor India and Tata Motors are set to slash vehicle prices following recent GST rate cuts. Hyundai's price reductions reach up to Rs 2.4 lakh for passenger vehicles, while Tata Motors offers cuts up to Rs 4.65 lakh for commercial vehicles. These changes, effective September 22, aim to boost affordability and stimulate the automotive sector.

    Is no-cost EMI really cost-free? Read terms and conditions carefully for hidden charges and missed discounts

    Easy EMIs aid festive buys, but hidden charges and missed discounts require careful reading.

    Banks sense an opportunity in GST gain for retail, MSME

    Recent GST reforms, coupled with a good monsoon and improved liquidity, are poised to stimulate credit demand, particularly in retail and MSME sectors. Reduced tax rates and simplified compliance are expected to boost consumption, ease working capital pressures, and drive loan disbursements, benefiting banks and NBFCs.

    Health experts alarmed by GST cut on beedis, demand uniform taxation

    Health experts have criticised the government’s move to cut GST on beedis from 28% to 18% while keeping other tobacco products at 40%. They warned cheaper beedis, widely used by poor communities, could worsen India’s tobacco burden. Doctors stressed beedis are as harmful as cigarettes, urging uniform high taxes to curb use, protect vulnerable groups, and reduce health costs.

    IT Inc worries as US may slap tariffs on software exports

    India's IT sector faces potential US tariffs on software exports, threatening its largest market and impacting firms already struggling with global uncertainty and AI-driven automation. The proposed tariffs could lead to double taxation and increased costs due to visa restrictions, potentially harming the growth of India-based service providers and GCCs, while raising delivery costs.

    Corporate climbers are scaling new heights, literally

    Captain Swadesh Kumar guides working professionals to Himalayan summits. These climbers are swapping laptops for ice axes. Kang Yatse II and Nun Kun are popular choices. Corporate groups embrace climbs for team building. Nepal waives royalties for 97 peaks. Mountaineering traffic redistributes to Nanda Devi and Nun Kun. Climbers are progressing from trekking to summiting.

    • GST overhaul a people's reform, touches every family: FM Nirmala Sitharaman

      Finance Minister Nirmala Sitharaman calls GST overhaul a 'people's reform'. Rate rationalization will benefit families and boost the economy. Prices of nearly 400 products will decrease from September 22. Premium on health and life insurance will be tax-free. The GST slab structure will change to 5% and 18%. Daily food items will fall under the 5% slab.

      New GST rates, coming into effect this Navratri, to boost economy: Ashwini Vaishnaw

      Union Minister Ashwini Vaishnaw announced that the 2025-26 Budget's income tax relief and GST rate rationalization will significantly boost India's economy. Effective September 22, the GST reforms will simplify taxation, reduce rates on daily-use goods, and stimulate consumption, potentially adding Rs 20 lakh crore to the GDP.

      Amber Enterprises, Trent among key winners of GST-driven demand upswing

      India's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Apparel, footwear, and consumer electronics will likely see price drops. Organized retail may gain against unorganized players. Amber Enterprises and Trent are expected to benefit. Challenges like inverted duty structures remain. This policy shift signals a push toward consumption-driven growth.

      GST reforms to set stage for next investment cycle, provide tailwind for growth in coming quarters and years: Sanjiv Bajaj

      Sanjiv Bajaj hailed the government’s GST rate cuts as the biggest reform since 2017, calling it a major driver for demand, lending, and financial services. He expects festive spending, MSME growth, and housing finance to benefit, alongside expanded insurance coverage due to exemptions.

      GST rationalisation could increase pressure on the oil and gas sector, says ICRA

      The Goods and Services Tax rationalisation is set to impact various Indian sectors. Oil and gas may face increased production costs. However, consumer demand and producer sentiment are likely to improve. Renewable energy projects can expect reduced capital costs. The automobile industry anticipates a revival in sales. Rural housing will benefit from lower cement taxes.

      When the Dragon meets the Elephant: Building a win-win framework for both India and China

      Following a five-year hiatus, Prime Minister Modi and President Xi Jinping met to recalibrate relations, emphasising stronger people-to-people ties and expanded trade. Addressing India's trade deficit is crucial, with potential for Chinese investment in Indian manufacturing. Collaboration in public health, tourism, education and infrastructure offers mutual benefits, requiring a clear road map for sustainable partnership.

      GST 2.0 & the great Indian price puzzle: Middle class cheer or boardroom bonus?

      India is on the verge of GST 2.0, aiming to simplify the tax structure and boost demand. Essential goods may see reduced rates, benefiting consumers, while companies could strategically reprice products. The reform balances revenue concerns with the potential for increased consumption, impacting both household budgets and corporate strategies.

      Dairy sector may gain Rs 11,400 crore from GST reset

      The GST rate cuts are expected to curb adulteration and boost farmers’ incomes

      GST on salon services & health clubs: Did your beauty treatment get cheaper?

      Good news for salon-goers! The GST Council has slashed the tax on beauty and wellness services, including salons and health clubs, from 18% to 5%. This reduction aims to make these services more affordable for consumers. Additionally, GST rates on personal care products like soaps and shampoos have also been reduced to 5%, easing the financial burden on households.

      GST cut on drugs, medical devices to provide relief to patients: Industry players

      The government is reducing GST on medicines and medical devices. Lifesaving drugs are exempt. This action will help patients and families. It will also make healthcare more affordable. Sudarshan Jain and Anil Matai welcome the changes. Ameera Shah and Shobana Kamineni also support the move. Himanshu Baid says it will improve access to medical technologies.

      GST: Once branded Gabbar Singh Tax, it turns out to be Good and Simple Tax

      Initially criticised as the 'Gabbar Singh Tax' by the opposition, India's Goods and Services Tax (GST) has undergone significant evolution since its implementation in 2017. The government took several years to reduce the number of GST slabs due to a combination of economic and administrative factors. Recent rationalisation efforts, dubbed GST 2.

      GST 2.0: How mutual fund experts decode government’s rationalisation move

      The 56th GST Council meeting, led by Union Finance Minister Nirmala Sitharaman in New Delhi on September 3, set the stage for a major revamp of India’s indirect tax framework.

      Land bank, digital planning in Maharashtra’s housing policy to reshape urban future

      Maharashtra govt is launching a new housing policy. It will use a state land bank to increase affordable housing. The policy includes a digital platform for housing information. A district-wise housing demand survey will be conducted by 2026. The policy also focuses on housing for industrial labor and migrant workers.

      GST 2.0: What’s next for businesses and what can India Inc do?

      The GST Council's recent announcements focus on rate consolidation, trade facilitation, and improved consumer ease. Rate reductions on B2C products aim to boost affordability, while input rate cuts for solar, textiles, and fertilizers correct inverted duty structures. The removal of the 'intermediary' provision simplifies export regulations.

      Government cuts GST on solar and wind energy, boosting green tech adoption

      The GST Council has reduced the tax on solar and wind energy equipment to 5% from 12%, while increasing the rate on coal and lignite to 18% from 5%. This move aims to boost the green energy sector by lowering project costs and encouraging wider adoption. Experts believe this could reduce solar power costs by 10-15% and stimulate domestic manufacturing.

      ICICI Pru, LIC, other insurance stocks rise up to 6% after GST council scraps tax on life, health policies

      Insurance stocks: GST Council has scraped 18% tax on all individual life and health insurance policies, effective Sept 22, 2025. Relief extends to ULIPs, endowment, health plans, and reinsurance. GST on goods carriage third-party cover cut from 12% to 5%.

      Apple Watch 11 vs Ultra 3: The smartwatch clash everyone’s talking about

      Apple is preparing to launch the Apple Watch Series 11 and the Apple Watch Ultra 3 at its September introduction. The Series 11 is made as an everyday option, providing a modified combination of style,design, and affordability. In contrast, the Ultra 3 is focused for athletes and explorers, with rugged construction, enhanced durability, and advanced safety features.

      Laurent Freixe fired: Nestle veteran exits company after nearly 40 years with millions in hand. Check his net worth

      Nestlé fired CEO Laurent Freixe for not disclosing his relationship with a subordinate, an incident found to be in breach of the company’s code of business conduct. Freixe had taken over as CEO in September last year after the ouster of Mark Schneider. Laurent Freixe became Executive Vice President and Zone Director for Europe in 2008, and later took charge of Nestlé’s Americas business in 2014

      Netflix, Prime Video or JioHotstar? Gen Zs are spilling their streaming secrets

      Netflix reigns supreme among India's Gen Z streamers, acting as a cultural touchstone, especially for younger viewers. Older Gen Z members diversify with Prime Video and JioHotstar, seeking broader content and affordability. MX Player struggles to gain traction, highlighting the evolving preferences within this generation, where age and platform adaptability are key.

      Riding the growth wave: Top 4 affordable housing finance companies to watch in 2025

      Affordable housing finance companies (AHFCs) are outperforming other non-banking financial companies, driven by lower borrowing costs and rising demand. Policy support and low mortgage penetration in mid- and low-income segments are expected to fuel further growth. While competition and rising costs pose challenges, AHFCs are poised to capture a significant share of the affordable housing finance market.

      UltraTech, Dalmia Bharat offer 13–16% upside as cement sector builds on pricing discipline: MOFSL

      India’s cement sector shows resilience with stable August 2025 prices, strong demand outlook, and GST cut hopes. Lower fuel costs, infra push, and housing growth support profitability, while UltraTech and Dalmia Bharat remain strong BUY picks.

      How Ambani plans to milk the Kamdhenu cow

      Reliance Industries is boosting its focus on artificial intelligence. Mukesh Ambani announced Reliance Intelligence, a new unit for AI. Partnerships with Meta and Google are central to this push. Reliance will build AI-ready data centers. Google and Reliance are establishing a Jamnagar Cloud region. Meta and Reliance will deliver open-source AI models to Indian businesses.

      Reliance AGM 2025: Mukesh Ambani launches Reliance Intelligence, partners with Google, Meta to drive India’s AI revolution

      Mukesh Ambani announced the launch of Reliance Intelligence, a wholly-owned subsidiary, to boost India's AI capabilities. The initiative focuses on building AI infrastructure, forging global partnerships, and delivering AI services for consumers and enterprises. Reliance aims to establish itself as a deep-tech AI hub, driving national growth and global competitiveness through this venture.

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