Senior Bajaj at an award function on Saturday in Mumbai had said there was an \"atmosphere of fear\" and people were afraid to criticise the Modi government

Linking GST to retail price could end (mis)adventurism in industry and could set standards for responsible corporate behaviour

As the economy goes into a tailspin, jobs across industries are becoming a casualty

September is traditionally not the best month for vehicle sales due to the 15-day inauspicious shradh period. Sales were also impacted by the uncertainty over a possible GST cut that never came

The World Bank in its latest edition of the South Asia Economic Focus said the country was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022.

The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy

Ola's latest investor, ARK Impact Asset Management had set up a pre-IPO trust fund recently, as per ANI Technologies Pvt Ltd filings with the corporate affairs ministry last month.

Maruti Suzuki says the new prices will be applicable across India from September 25; the price cut will bring down the cost of acquisition, especially for the entry-level customers

No relief was announced for the auto sector despite a huge demand for a rate cut. The GST Council had said that such a move would lead to huge revenue hit for the states as well as the Centre

GST Council meet: On top of that 12 per cent of cess would be charged under the new Goods and Services Tax (GST) rules.

GST Council meeting: \"Several decisions have been taken in order to promote tourism,\" FM Nirmala Sitharaman stated before announcing rate cuts on hotel bills

The current corporate tax rate is 30%, which has been brought down to 22%. For new manufacturing companies the existing tax rate is 25% which has been brought down to 15%

GST Council meet: The proposed GST tax cuts will have limited impact on government revenue: report

The GST Council fitment panel has rejected the rate cut demand for the auto sector, saying it would lead to revenue loss of Rs 40,000-45,000 crore

Even as the next GST Council meeting is scheduled for September 20, the possibility of a wide ranging tax cut - to infuse growth into India's slowing economy - looks unlikely, says T.M. Thomas Isaac, Finance Minister of Kerala

According to the chairman of Maruti Suzuki India, FM Nirmala Sitharaman is correct in her recent assertion that the ride-hailing companies have impacted auto demand. He backed up his argument saying young buyers don't need to buy cars for commuting and can spend most of their income on electronic gadgets.

Nirmala Sitharaman, Prakash Javadekar to address media at 3pm: Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely.

The GST Council meeting, as per the agenda paper, may take up automobiles, hotels, biscuits, matchsticks and outdoor catering segments for resetting of the GST rates. However, all listed items may not see GST cut due to various complexities involved