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Abtak.com - Business - News Image
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BusinessOct 24, 2025 03:33 PM

Car sales more than doubled to over half a million units: FM Sitharaman on GST 2.0

Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half a million units. New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half ...Read More >

Free Press Journal - Other - News Image
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OtherOct 24, 2025 01:29 AM

Indore Businessman Agrawal's Death: Fire Caused By Akhand Jyot Spread Rapidly Due To Wooden Interior...

Indore (Madhya Pradesh): Police have launched an investigation into the fire that broke out at the penthouse of businessman and Congress leader Pravesh Agrawal, which led to his death due to suffocation. Forensic experts are also probing to know the exact reason behind the fire and its spread. According to preliminary findings, the fire started from an akhand jyot kept in the house temple. It soon spread rapidly, fuelled by extensive wooden furniture in the penthouse, causing heavy smoke throug ...Read More >

LatestLY - Business - News Image
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BusinessOct 23, 2025 03:31 PM

Maruti Suzuki Jimny 5-Door SUV Surpasses Export of 1 Lakh Units From India | 🚘 LatestLY

New Delhi, October 23: In a landmark achievement, the Jimny 5-door SUV has surpassed a cumulative export of 1 lakh units from India, Maruti Suzuki India Limited said on Thursday. Jimny 5-door export journey began in 2023, shortly after the SUV made its debut in India. The SUV, manufactured exclusively in India, has been shipped across more than 100 countries, including Japan, Mexico, and Australia. "Jimny 5-door's entry in Japan in January 2025, under the name 'Jimny Nomade', sparked off an ove ...Read More >

Abtak.com - Business - News Image
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BusinessOct 23, 2025 10:34 AM

'Why spend public money?' P Chidambaram after Lokpal floats tender to purchase BMW luxury cars

Senior Congress leader P Chidambaram on Wednesday questioned the reported move made by the Office of Lokpal to initiate the process of purchasing seven BMW 330 Li (Long Wheel Base) luxury cars for its use. Senior Congress leader P Chidambaram on Wednesday questioned the reported move made by the Office of Lokpal to initiate the process of purchasing seven BMW 330 Li (Long Wheel Base) luxury cars for its use. Chidamabaram asserted that even Supreme Court judges are provided modest sedans and fu ...Read More >

Reuters - Business - News Image
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BusinessOct 23, 2025 09:57 AM

India's Tata Tech to hire more locals in US as Trump cracks down on immigration

Oct 23 (Reuters) - Tata Technologies (TATE.NS), opens new tab will recruit more local nationals in the United States, its top boss said, as the Indian engineering services provider reacts to U.S. President Donald Trump's wide-ranging immigration crackdown. The United States plans to charge businesses a steep fee for H1-B visas, used by tech majors including Amazon.com (AMZN.O), opens new tab and Meta Platforms (META.O), opens new tab, in a move the Trump administration said would shield America ...Read More >

mint - Business - News Image
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BusinessOct 23, 2025 05:50 AM

GST cuts, festivals an inflection point for sustained sales growth, say carmakers

New Delhi: Demand at India's top carmakers saw a sharp spike after cuts in goods and services tax (GST) rates late in September coincided with the Navratri to Diwali festive season sales when companies recorded double-digit growth. The good news for the industry now is that there are early signs that the momentum will likely remain strong in the months and quarters ahead, top carmakers and industry veterans said. Tata Motors Passenger Vehicles Ltd expects 7-8% growth in the industry's sales be ...Read More >

Social News XYZ - Business - News Image
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BusinessOct 22, 2025 04:20 PM

Consumer sentiment, robust domestic economy fuel Diwali sales: Economists

New Delhi, Oct 22 (SocialNews.XYZ) India experienced a bumper festive season this year, with sales of consumer goods, automobiles, jewellery, handicrafts, and decorative items recording a sharp surge during Diwali, signalling renewed consumer confidence and economic momentum, economists said on Wednesday. Dr Manoranjan Sharma, Chief Economist at Infomerics Ratings, stated that the surge reflects a strong revival in domestic demand and a growing preference for Indian-made products. "There has be ...Read More >

Abtak.com - Politics - News Image
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PoliticsOct 22, 2025 06:32 AM

Massive Fire Erupts In Delhi's Sanjay Gandhi Transport Nagar, 40 Fire Tenders Rushed To Spot

A massive fire broke out in two adjoining buildings at Sanjay Gandhi Transport Nagar in north-west Delhi during the early hours of Tuesday, prompting a large-scale response from the Delhi Fire Services (DFS). Officials said over 40 fire tenders were deployed to control the blaze. According to DFS officials, a distress call was received at around 1:25 am, reporting a fire that had engulfed two adjacent godowns spread across nearly 1,000 square metres. Firefighters quickly mobilised to the locati ...Read More >

Abtak.com - Business - News Image
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BusinessOct 22, 2025 06:32 AM

GST reforms power festive demand surge, fuelling ₹20 lakh crore consumption boost: Government

Senior union ministers credit GST overhaul for lifting consumer sentiment, driving double-digit growth in electronics and sparking broad-based festive demand. New Delhi: Senior Union ministers on Saturday said the Next Gen GST Reforms, rolled out on 22 September 2025, are already producing wide-ranging benefits. From cheaper daily-use goods to record-high electronics and automobile sales, setting the stage for stronger consumption and investment growth in the months ahead. Commerce and Industr ...Read More >

Abtak.com - Business - News Image
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BusinessOct 21, 2025 11:34 PM

Record Diwali Sales in India Reach Rs 5.40 Lakh Crore Fueled by GST Reforms and Consumer Demand

India's Diwali sales hit a record high of Rs 5.40 lakh crore in goods and Rs 65,000 crore in services. This represents a 25 percent increase over last year. GST reforms and strong consumer demand fueled this growth. Brick-and-mortar stores saw a significant revival. Rural and semi-urban areas contributed substantially to the sales surge. Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the cou ...Read More >

Abtak.com - Business - News Image
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BusinessOct 21, 2025 12:32 PM

China files WTO complaint against India over EV subsidies and batteries

China has filed a complaint against India in the World Trade Organisation (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. The Chinese Commerce Ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies, which are explicitly prohibited under the multi-lateral trade rules. These measures unfairly benefit India's domestic industries and undermine China's le ...Read More >

Abtak.com - Business - News Image
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BusinessOct 21, 2025 11:34 AM

India In No Mood To Stop, Says PM Modi At NDTV World Summit

Prime Minister Narendra Modi is addressing NDTV World Summit and will speak about "Unstoppable Bharat: The Force of Now" at the Bharat Mandapam, a world-class convention centre in Delhi. The theme of the 2025 edition is 'Edge of the Unknown: Risk. Resolve. Renewal'. It is an invitation to confront uncertainty with imagination, to see resolve not as reaction but as deliberate intention, and to embrace renewal not as a return to the past but as the creation of futures yet to be defined. Here are ...Read More >

thedailyjagran.com - Other - News Image
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OtherOct 20, 2025 10:59 PM

Delhi's Air Quality Turns 'Severe' On Diwali, Smog Covers City Despite Green Firecracker Rules, IMD ...

Delhi AQI: Delhi's air quality worsened significantly on Diwali day, with several parts of the capital recording Air Quality Index (AQI) levels in the 'severe' category. Residents woke up on Monday to a thick layer of smog blanketing the city, a result of widespread firecracker use and stagnant weather conditions. According to data from the System of Air Quality and Weather Forecasting and Research (SAFAR), pollution levels in many areas hovered dangerously close to or above 400. Wazirpur recor ...Read More >

Abtak.com - Business - News Image
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BusinessOct 20, 2025 04:34 PM

Automobile exports rise 26% in Q2 as passenger vehicles, two-wheeler shipments spur

Passenger car exports grew 20.5 per cent to 1,25,513 units in the second quarter as against 1,04,196 units in the September quarter of last fiscal. Automobile exports from India rose 26 per cent year-on-year in September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period, as per the latest data released by industry body SIAM. Passenger vehicle exports grew 23 per cent to 2,41,554 units in September quarter as against 1,96,196 units ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 20, 2025 04:26 PM

Markets close higher on strong bank earnings, easing US-China trade tensions

Mumbai (Maharashtra) [India], October 20 (ANI): The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions. At the end of the trading session today, BSE Sensex settled at 84,363.37, rising 411.18 points or 0.49 per cent while NSE Nifty50 stood at 25,843.15, up by 133.3 points or 0.52 per cent. In today's trade, ...Read More >

Abtak.com - Business - News Image
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BusinessOct 20, 2025 10:34 AM

Will FIIs return to Atmanirbhar Indian markets this Samvat?

As Dalal Street gears up to celebrate Samvat 2082, Wall Street is in mood again. A few bad loans at Zions and Western Alliance have rattled US bank investors, reviving memories of the 2023 regional banking mess after Silicon Valley Bank's failure. When American bankers start spotting cockroaches, traders everywhere reach for the bug spray. Indian markets, which ended Samvat 2081 with barely a 5.3 per cent gain on the Sensex, are watching closely. The year saw foreign institutional investors (FI ...Read More >

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EntertainmentOct 20, 2025 05:30 AM

Diwali sales likely to surpass Rs 5 lakh crore as GST rate cuts spur demand, say traders

New Delhi, Oct 19: The Confederation of All India Traders (CAIT) expects festive sales to exceed Rs 5 lakh crore during this year's Diwali shopping boom as GST rate cuts have led to a sharp increase in demand. CAIT Secretary General Praveen Khandelwal said that, inspired by Prime Minister Narendra Modi's call for "Swadeshi" (local products), the organisation has resolved to celebrate this year as "Swadeshi Indian Diwali". Under this initiative, the CAIT launched a nationwide campaign titled "B ...Read More >

Abtak.com - Business - News Image
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BusinessOct 19, 2025 04:34 PM

Hot wheels, hotter discounts: Jains buy 186 luxury cars, drive bargain to save ₹21 cr

The Jain International Trade Organisation (JITO) facilitated a significant deal, enabling its members to purchase 186 luxury cars from brands like BMW, Audi, and Mercedes. This initiative, driven by the community's collective buying power, resulted in substantial savings of ₹21 crore in discounts for members across India. The Jain community has put up an impressive show of its formidable buying power by driving home 186 high-end cars after securing discounts of ₹21 crore. This "one-of-its-k ...Read More >

Abtak.com - Business - News Image
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BusinessOct 19, 2025 12:32 PM

Ceat Q2 profit rises 54% to ₹186 crore on strong demand, revenue up 12%

Revenue from operations increased 12 per cent to ₹3,773 crore in the July-September quarter, compared to ₹3,304 crore in the corresponding period of the previous fiscal, the company said in a regulatory filing. Tyre maker Ceat Ltd on Friday reported a 54 per cent year-on-year rise in consolidated net profit to ₹186 crore for the quarter ended September 30, 2025, driven by strong domestic demand and revenue growth. The company had posted a net profit of ₹121 crore in the same period last ...Read More >

Abtak.com - Business - News Image
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BusinessOct 19, 2025 12:32 PM

Rural buyers flock to vehicle showrooms on better incomes, urban recovery slower

The real boost in vehicle sales this festive season has come from India's hinterland, with good rainfall replenishing incomes and the GST rate cut making small cars (often the first four wheeler for a family) attractive to this segment of buyers once again. Shailesh Chandra, president of the Society of Indian Automobile Manufacturers (SIAM), said today that rural pockets are showing signs of strong growth due to a bountiful monsoon and the impending marriage season. As per SIAM data, passenger ...Read More >

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BusinessOct 19, 2025 05:25 AM

GST cuts spark festive shopping boom

New Delhi, Oct 18: The recent GST rate cuts have sparked a nationwide shopping surge, making Navratri sales one of the largest consumption waves in years in automobiles, consumer electronics and e-commerce, according to industry estimates. Analysts projected festive and wedding season turnover to exceed ₹7 lakh crore. Digital payments jumped tenfold overnight, from ₹1.18 lakh crore on September 21 to ₹11.31 lakh crore on September 22, as shoppers rushed to take advantage of GST savings, accordi ...Read More >

The Times of India - Business - News Image
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BusinessOct 19, 2025 04:10 AM

Gold and silver prices ease, boost Dhanteras sales in city | Nagpur News - The Times of India

Nagpur: The raging prices of gold and silver eased further on Dhanteras - the day when there is a rush to buy precious metals -- much to consumers' delight. Jewellers said this has helped in drawing customers during the festive season.On Saturday, gold rates fell by 2,500/tola to touch 1.28 lakh/tola and silver was down by 7,000/ kg at 1.70 lakh/kg. Meanwhile, platinum prices which were stagnant over the years touched 60,000 per 10gm -- an increase of 11,000 in a month, said market sources. At t ...Read More >

The Times of India - Business - News Image
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BusinessOct 19, 2025 03:37 AM

Gold rush meets silver lining in Gurgaon: Dhanteras sales see 30% rise | Gurgaon News - The Times of...

Gurgaon: As the first rays of Dhanteras morning touched the city, anticipation was already in the air. The city's markets, from the narrow lanes of Sadar Bazaar to the glitzy malls on MG Road, transformed into a sea of eager shoppers, all set to mark the auspicious day with new purchases. By late evening, it was clear that this Dhanteras had brought not just prosperity but also a renewed sense of excitement among buyers and traders alike.Traders across the city claimed a 30% jump in business com ...Read More >

Abtak.com - Business - News Image
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BusinessOct 18, 2025 09:34 PM

Share Market Today Live Updates 17 October 2025:

istock photo for BL | Photo Credit: iStockphoto Stock Market Today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE share prices and Indian stock markets for 17 October 2025. * October 17, 2025 08:08 BEML: Company and Kineco Limited have entered into a MoU to collaborate in the field of advanced composite manufacturing for aerospace and Defence applications. (Positive) HCL Tech: Company and Zscaler Expand Partnership for Ai-Powered Security and ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessOct 18, 2025 02:33 AM

CM Bhagwant Mann pitches Punjab as top investment hub in Bengaluru

Chief minister Bhagwant Mann on Tuesday interacted with industrialists in Bengaluru, pitching Punjab as a preferred investment destination. The CM, during his interaction, said that since March 2022, Punjab has received investment proposals worth ₹1.23 lakh crore, which will generate employment for around 4.7 lakh youth. "Sectors such as food processing, textiles, auto components, hand tools, bicycles, IT, and tourism are positioning Punjab as a role model for other states. Tata's second-larg ...Read More >

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PoliticsOct 18, 2025 12:31 AM

Punjab CM seeks UK's help to retrieve rare video footage of Shaheed Bhagat Singh

Chandigarh, Oct 17 (UNI) Punjab Chief Minister Bhagwant Singh Mann has sought the assistance of British legal experts in obtaining rare video footage of Shaheed-e-Azam Bhagat Singh, believed to be preserved in the archives of Scotland Yard. During an interaction at his official residence with a delegation from the Bar Council of England and Wales, the Chief Minister said that no known video recordings of the legendary freedom fighter currently exist in India. He noted that information suggests ...Read More >

Abtak.com - Business - News Image
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BusinessOct 17, 2025 11:34 PM

Auto component firms witness surge in orders following GST rate cut: ASSOCHAM Chief

This surge is linked to increased vehicle sales and consumer spending during the festive season. However, ASSOCHAM President Nirmal K. Minda cautions that this buying momentum may not continue after the festivities. The recent GST rate cut has led to a surge in orders for auto component manufacturers, driven by increased vehicle sales and consumer purchasing power. Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand ...Read More >

Abtak.com - Business - News Image
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BusinessOct 17, 2025 11:34 PM

India's logistics cost to reduce to single digit by December: Nitin Gadkari

Union Minister Nitin Gadkari announced India's logistics costs will drop to single digits by December, thanks to expressway expansion. He also revealed plans to make India the world's top automobile producer within five years and highlighted the economic and environmental benefits of promoting biofuels and utilizing waste in road construction. Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Mini ...Read More >

Economic Times - Business - News Image
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BusinessOct 17, 2025 11:31 PM

Logistics cost to be in single digits by December: Nitin Gadkari

New Delhi: Logistics cost in India will fall to 9% by December, helped by rapid expansion of expressways and economic corridors, road transport and highways minister Nitin Gadkari said on Friday. Addressing the annual conference of the Associated Chambers of Commerce and Industry of India, he said that a recent report prepared by IIT Chennai, IIT Kanpur and IIM Bangalore revealed that India's construction of expressways and economic corridors had helped reduce the country's logistics cost to 10 ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessOct 17, 2025 10:23 PM

"India's growth shaping global opportunities": PM Modi

New Delhi [India], October 17 (ANI): Prime Minister Narendra Modi on Friday emphasised that India's growth is shaping global opportunities and the whole world is looking at India as a "reliable, responsible and resilient" partner. Addressing the NDTV World Summit 2025, Prime Minister Modi noted that European nations have committed to investing billions of dollars in India, which will generate huge employment, adding that these investments are helping India to make a nerve centre of the global s ...Read More >

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