GST cuts and continued offers defy November trends, Auto retail sales up 2.14% : FADA

December 8, 2025 12:57 PM

GST cuts and continued offers defy November trends, Auto retail sales up 2.14% : FADA

Retail vehicle sales in India defied previous years’ trends in November, registering a marginal but modest growth of 2.14 per cent, thanks to GST rate cuts and offers from dealers and automakers. The total November sales, all vehicle types included, were at little over 33 lakh units, data made available by Federation of Automobile Dealers Associations (FADA) showed. Traditionally, auto retail eases in the month following the festival cycle. However, this year, most festive registrations wer...

India’s WPI Inflation remains subdued at 0.13% in September

October 14, 2025 2:14 PM

India’s WPI Inflation remains subdued at 0.13% in September

India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September, down from 0.52 per cent in August, according to data released by the Ministry of Commerce and Industry on Tuesday. The decline was driven largely by falling food and fuel prices. Food prices dropped by 1.38 per cent, supported by higher crop yields and adequate buffer stocks of wheat and rice. Fuel inflation remained in the negative zone at 2.58 per cent, with petrol, diesel, and nat...

Morgan Stanley revises India’s GDP growth forecast to 6.7% for FY 2025-26

September 1, 2025 3:33 PM

Morgan Stanley revises India’s GDP growth forecast to 6.7% for FY 2025-26

Morgan Stanley has revised upwards its forecast for India’s GDP growth in 2025-26, citing strong April-June quarter numbers and expectations that upcoming cuts in Goods and Services Tax (GST) will boost domestic demand. The agency now projects India’s real GDP growth at 6.7 per cent for 2025-26, compared to its earlier estimate of 6.2 per cent. The upgrade follows the robust 7.8 per cent growth recorded in the April-June quarter of the current financial year. According to the report, impen...