GST reforms fuel AC sales spike during festive season: Report
New Delhi, Nov 28 (IANS) Room air conditioners saw a sharp surge in demand during the festive season, aided by deferred purchases following GST rate cuts, a new report said on Friday.
New Delhi, Nov 28 (IANS) Room air conditioners saw a sharp surge in demand during the festive season, aided by deferred purchases following GST rate cuts, a new report said on Friday.
New Delhi, Nov 28 (IANS) In another important reform aimed at speeding up the exploration and operationalisation of coal mines, the government has issued a notification to allow private entities accredited by the Quality Council of India (QCI) to carry out prospecting operations for the exploration of coal and lignite, according to an official statement issued on Friday.
New Delhi, Nov 28 (IANS) Ahead of India’s Q2 GDP numbers on Friday, Moody's Ratings said that the country is projected to clock 7 per cent GDP growth in 2025 and 6.4 per cent in 2026 due to domestic growth and economic resilience amid global disruptions.
New Delhi, Nov 28 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Friday called for stronger research and development (R&D) frameworks and industry participation in it, stressing that global companies have committed $100 billion worth of investments in India.
New Delhi, Nov 28 (IANS) India’s IT sector is showing early signs of a gradual recovery, with deal wins improving and revenue outlook stabilising, a new report said on Friday.
New Delhi, Nov 28 (IANS) Gujarat International Finance Tec-City (GIFT City), India’s first International Financial Services Centre (IFSC), has rapidly evolved into India’s premier international financial and IT hub, blending global standards with smart infrastructure, an official statement said on Friday.
New Delhi, Nov 28 (IANS) The net profit of Scheduled Commercial Banks (SCBs) grew marginally by 1.4 per cent year-on-year in Q2FY26, with gains driven by fee income, reduced provisions, and controlled operating expenses, even as margins compressed, a report said on Friday.
Mumbai, Nov 28 (IANS) Gold and silver prices rose in the domestic futures market on Friday morning as strong spot demand and expectations of a US Federal Reserve rate cut lifted investor sentiment.
Mumbai, Nov 28 (IANS) Mukesh Ambani-led Reliance Industries said on Friday that it has received a penalty order of Rs 56.44 crore from the Joint Commissioner of CGST in Ahmedabad.
New Delhi, Nov 28 (IANS) Apple on Friday announced that it will open its first retail store in Noida on December 11, marking the launch of its fifth own store in India.