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‘Discretionary spending has revived with GST rate cuts’
November 05, 2025
|Financial Express Mumbai
After nearly five quarters of a decline in same-store sales growth, Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, posted a low single-digit SSG in the July-September period. This was driven by improved sentiment and out-of-home spending by consumers following the GST and income tax cuts, Sunil D’Souza, MD & CEO, Tata Consumer, told Viveat Susan Pinto in an interview. He also highlighted demand trends in FMCG and the company’s outlook for the second half of FY26. Excerpts:
Tata Starbucks has reported positive SSG in Q2 after a prolonged slowdown. Will you accelerate store launches in the second half?
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Financial Express Mumbai
Personal data get a safety net as DPDP rules go live
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Reliance plans 1-GW data centre; Andhra signs 14 MoUs at CII meet
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THIS 200-HORSEPOWER HYBRID TECHNOLOGICAL MARVEL IS AS MUCH FUN TO DRIVE AS THE ORIGINAL THAT WAS DISCONTINUED 24 YEARS AGO, AND IT’S CLEANER, TOO
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RBI steps in with relief measures for tariff-hit exporters
THE RESERVE BANK of India (RBI) has announced the Trade Relief Measures Directions, 2025 on Friday to cushion exporters from global trade disruptions and ensure continuity of viable businesses.
2 mins
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Bumrah’s 5/27 helps India dominate first day of Kolkata Test
JASPRIT BUMRAH TURNED a rare four-spinner gamble into his personal stage, producing a mesmerising exhibition of seam, swing and control as India skittled out South Africa for 159 on the opening day of the first Test, on Friday.
2 mins
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Institutional investments in Mumbai realty up 4x
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1 min
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Walmart CEO McMillon to retire after a decade
John Furner to replace McMillon
1 mins
November 15, 2025
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Tata's PV unit gets one-time boost in weak Sept quarter
TATA MOTORS PASSENGER Vehicles (TMPV) on Friday posted a massive 2,110% rise in its consolidated profit at ₹76,248 crore in the July-September quarter.
2 mins
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Financial Express Mumbai
Adani Group bets big with ₹1L-cr plan
THE ADANI GROUP on Friday announced it will invest over 1 lakh crore in various projects, including in the joint venture data centre with Google in Andhra Pradesh, over the next decade.
1 min
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Financial Express Mumbai
US tariff likely to be lowered to 15-20%, say top economists
Despite inflation at an all-time low, opinion divided over whether central bank will go for a rate cut in December
2 mins
November 15, 2025
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