States have not been compensated since May; issue of GST compensation has become a bone of contention between the Centre and states, with Centre saying it's in no position to pay GST dues due to COVID-19 crisis

Centre had recently informed the parliamentary standing committee on finance that it does not have enough funds to pay the 14 per cent GST compensation that it is statutorily mandated to pay to states

This is not the first time that the Finance Minister has raised hopes only to disappoint later; similar noises had emanated from the North Block in August last year, only for the proposal to fall through

West Bengal Finance Minister Amit Mitra said that the states should not be asked to borrow from the market as it will increase their debt servicing liability

Tata Motors stock rose up to 9.41% to Rs 139 during the day. Later, the share closed 8.50% or Rs 10.80 higher at Rs 137.85

Auto stocks led the rally today after the country's finance minister FM Nirmala Sitharaman said the GST Council would consider the proposal to reduce tax on two-wheelers. Currently, the goods and services tax (GST) rate on motorcycles and scooters stands at 28%

Share price of Birla Tyres rose up to 4.94% to Rs 23.35 intra day on BSE

Hero MotoCorp share price hit a fresh 52 week high of Rs 3,124 rising 5.18% from previous close of Rs 2,971 on BSE

There is an increase of Rs 5,236.17 crore in cumulative amount of loans sanctioned and an increase of Rs 3,681.22 crore in cumulative amount of loans disbursed since August 18

India Stock Market Highlights: Bajaj Auto, followed by Bajaj Finserv, IndusInd Bank, M&M, PowerGrid, Bajaj Finance, Axis Bank, Kotak Bank and ICICI Bank were among the top gainers today. On the other hand, Bharti Airtel, Asian Paints, HCL Tech, HDFC and TCS were among the laggards

Stocks to watch today on August 26: TCS, SBI, PNB, JMC Projects, Procter & Gamble Hygiene among others are the top stocks to watch out for in Wednesday's trading session.

Addressing at a CII virtual platform, FM Sitharaman said that most two-wheelers are neither luxury nor demerit goods and hence can be considered for rate revision

US President Donald Trump has often cited high import duties on superbikes and its impact on Harley to brand India a \"tariff king.\" Harley's exit will not go down well with POTUS

Already facing declining interest among young customers in markets around the world, the pandemic has only expedited the need for a restructuring. To stay afloat, Harley Davidson is planning to trim its product portfolio by a third and shrink its global footprint to 50-odd profitable markets

Harley-Davidson sold less than 2,500 units in the last financial year in India; amid coronavirus pandemic this year, company sold only 100 motorcycles between April-June

The pandemic is set to push the auto industry back by over a decade. Partial recovery in June and July has raised hopes, but will it sustain?

The two-wheeler is powered by a 6 pipe controller 250 Watt electric motor that has a top speed of 25 kmph. The low speed keeps it outside of stipulations like registration or driver's license to use it

This week, the Road Transport and Highway Ministry allowed manufacturers to sell electric two- and three-wheelers without a battery, bringing down the upfront cost

The company reported earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 108 crore in Q1FY21 as against Rs 1,158.1 crore in Q1FY20

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