New Delhi, March 5 (IANS) India’s retail vehicle sales registered a strong 25.62 per cent year-on-year growth at 24.09 lakh units in the month of February — surpassing the previous best February of 2024, the Federation of Automobile Dealers Associations (FADA) said on Thursday.The growth was broad-based across almost all segments. On an annual basis, the two-wheeler segment grew by 25.02 per cent, three-wheelers by 24.39 per cent, passenger vehicles by 26.12 per cent and commercial vehicle…
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Mumbai, Feb 2 (IANS) Hyundai Motor India Limited on Monday reported a solid performance in the third quarter (Q3) of FY26, with its consolidated net profit rising 6.3 per cent year-on-year to Rs 1,234.4 crore. The growth was supported by steady demand in the domestic market, strong export numbers and higher sales during the festive season, the company said in its stock exchange filing.Revenue from operations during the quarter increased 8 percent compared to last year to Rs 17,973.5 crore.Operat…
New Delhi, Jan 19 (IANS) With less than two weeks left for the presentation of the Union Budget 2026–27, experts on Monday believe the government should focus strongly on improving ease of doing business and expanding opportunities for women across sectors.Speaking to IANS, tax expert Manmohan Srivastava Kaju said the government had provided significant relief to taxpayers in the previous budget by increasing the income tax exemption limit to Rs 12 lakh.“The introduction of GST 2.0, under wh…
New Delhi, Jan 13 (IANS) India’s MSME sector is showing early signs of revival with nearly eight in ten firms reporting improved performance in recent months and 86 per cent expecting business growth in 2026, a report said on Tuesday.The report from an SME focused NBFC NeoGrowth found constructive optimism driven by strong festive sales, improved cash flow and GST 2.0 benefits.The study of over 2,000 MSMEs across over 25 cities found that over 71 per cent of MSMEs plan to expand shops or open …
New Delhi, Jan 13 (IANS) India’s automobile industry delivered a strong performance in the third quarter of FY2025–26, with all major vehicle segments reporting their highest-ever Q3 sales, driven by festive demand, policy support and improved affordability.The passenger vehicle segment recorded its best-ever Q3 sales at 12.76 lakh units in Q3, marking a sharp growth of 20.6 per cent compared with the same period last year.The segment also achieved its highest-ever calendar year sales of 44….
New Delhi, Dec 30 (IANS): Prime Minister Narendra Modi said on Tuesday that India has emerged as the centre of global attention due to the innovative zeal of the country’s people as he listed the reforms undertaken by his government, especially this year.”Today, the world sees India with hope and confidence. They appreciate the manner in which the pace of progress has been accelerated with next-generation reforms, which are cross-sectoral and amplify the nation’s growth potential,” the Prime…
New Delhi, Dec 29 (IANS) 2025 has emerged as a defining year for India’s governance and Prime Minister Narendra Modi’s tenure, with deep and irreversible reforms across the economy, labour, energy and welfare, Akhilesh Mishra, CEO of BlueKraft Digital Foundation said on Monday.In a detailed post, Mishra said the year was not about small or incremental changes, but about undoing decades of hesitation in economic decision-making.”The reforms carried out in 2025 reflected a fundamental shift in…
New Delhi, Dec 24 (IANS) Recent reforms under GST 2.0 show that simplification and tax moderation can coexist with strong revenue growth, a report said on Wednesday, calling for freezing peak tax rates and expanding tax base through technology.The white paper from Think Change Forum said that recent GST reforms proved wrong the long-held belief that higher tax rates are necessary to boost collections as gross GST collections rose 4.5 per cent (on-year) to Rs 1.95 lakh crore in October 2025.The r…