Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them.
Indian government’s decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors’ body CREDAI. Illustration: Dominic Xavier/Rediff The association, which has a
The markets continued their upward momentum for the eighth straight session on Friday, marking their longest gaining streak in a year. The Nifty climbed to a two-month high, reclaiming levels above 25,100. After opening with a 70-point gap, the index
Smallcap stock MIC Electronics has jumped nearly 54 per cent in last one month after the recent GST cuts by the government. However, the scrip has descended over 8 per cent in last five trading sessions. The smallcap stock rallied
The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world’s manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi
Equity benchmark indices Sensex and Nifty surged on Friday in line with a global market rally amid rising hopes that the US Federal Reserve will cut interest rates next week. Photograph: ANI Photo Optimism over a successful conclusion of India-US
Stock market regulator Sebi’s board on Friday cleared significant reforms, focusing on IPO regulations, simplified entry for foreign investors, and a new framework for anchor investors in public issues. Photograph: ANI Photo This was the third board meeting chaired by
‘We are increasing our footprint, but other markets also compete — like Indonesia or Vietnam.’ Photograph: Kind courtesy Lenovo India/Instagram It is the largest personal computer (PC) player in the world and holds the second spot in India in terms
Diamond Power Infrastructure Limited announced on Friday that it has received a letter of intent from Adani Energy Solutions Limited for the supply of 5,403 kilometres of AL-59 Zebra Conductor for the Jamnagar Project. The order is valued at ₹236.71
Trump’s visit to India: After the souring Indo-US diplomatic ties following the imposition of 50% Trump, the US President urged New Delhi to raise this to 100%, and the India-US trade deal talks got jeopardised. However, some ice was broken
