Hyundai Looks At 'Double Engine' Boost On Growth Post GST Rate Cut

In the last six to eight months, when the domestic market was slightly sluggish, the company had pressed the accelerator on exports.

Union Finance Minister Nirmala Sitharaman on Sunday said that the Goods and Services Tax (GST) reforms have reduced the tax burden on people.

Brokerages see the near-term outlook as “benign” but diverge on the policy path, weighing factors like GST cuts, monsoon effects, and imported inflation shocks.

The Maruti Suzuki Ertiga is the best-selling car for the month of August'25. Meanwhile, the Hyundai Creta grabbed the third spot in the list.

Discounts given by manufacturers to dealers for competitive pricing are not considered as GST for further supplies to customers.

Effective September 22, the price reductions will see a 340 ml bottle of Dove shampoo costing Rs 435, down from Rs 490.

Packaged goods makers have flagged the challenges of reducing maximum retail prices across product lines—particularly for popular packs.

At present, around 16,830 vehicles are being scrapped each month, with the private sector investing Rs 2,700 crore to build capacity.

Top insurance brass met CBIC on Friday; ITC may be allowed on policies taxed before Sept 22; detailed notification to roll out soon.

Affordability of items like toothpaste and shampoo may move some consumers from smaller brands to bigger ones.

The CBIC has asked for a comparison in prices before the change in the GST and after.

BMW Group has reduced the prices by up to Rs 13.9 lakh, which will be combined with festive offers.

The price reductions by Ceat will apply to tyres for commercial vehicles, agricultural machinery, passenger cars, and two-wheelers.

Harsha Vardhan Agarwal, President FICCI, Vice Chairman & MD, Emami highlighted that the changing prices may not be viable for the small-priced and smaller-sized packs for FMCG companies.