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BusinessOct 21, 2025 05:29 AM

GST rationalisation to lift organised apparel revenue by 200 bps

Mumbai, Oct 20: The recent goods and services tax (GST) rationalisation is set to lift revenue growth of organised apparel retailers by about 200 bps this fiscal, keeping the topline steady at 13-14 per cent for the second financial year in a row, a report said on Monday. The GST rate cut on apparel priced below ₹2,500 is likely to lift demand in the mid-premium segment, while the fast fashion or value segment will continue to drive the momentum, Crisil Ratings said in a report. Though limited ...Read More >

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BusinessOct 20, 2025 04:34 PM

GST Revamp Stimulates Growth in India's Apparel Sector Amid Mid-Premium Surge | Business

The restructuring of India's Goods and Services Tax (GST) has poised the organised apparel retail sector for a robust revenue growth of 13-14% this fiscal year, marking a steady trend for the second consecutive year, according to a report by Crisil Ratings. A crucial factor in this growth is the shift to a uniform 5% GST on garments priced below Rs 2,500, replacing a dual structure of 5% below Rs 1,000 and 12% up to Rs 2,500. This move is anticipated to significantly boost demand in the mid-prem ...Read More >

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BusinessOct 07, 2025 02:11 PM

Why 9kt Gold Jewellery Is the Perfect Present for Every Occasion

PNN New Delhi [India], October 7: Let's face it--gift shopping is a minefield. One wrong move and you're that person handing over a scented candle that screams, "I didn't try." Or worse--a fast-fashion necklace that turns green before the birthday cake's even been cut. If you want to give something that actually lasts, something with weight (literally and sentimentally), 9kt gold jewellery is your golden ticket. Not flashy, not overpriced--just affordable, stylish, real gold that lasts. Wheth ...Read More >

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BusinessOct 03, 2025 11:08 PM

NCERT releases Swadeshi modules to promote self-reliance, local products among students

NEW DELHI: To foster national pride and self-reliance among students, the Ministry of Education on Friday released two special modules on Swadeshi. The NCERT booklet for Middle Stage students is themed on 'Swadeshi Vocal for Local' while Swadeshi - For a Self-reliant India' was the topic around which the secondary Stage book revolved. To explain to senior students what a self-reliant India meant, the 23-page module begins with a quote from PM Modi's speech on August 15 this year - "The bedrock ...Read More >

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