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GST Rate Cut Hope Fuels Optimism in Equity Market
The New Indian Express Kollam
|August 19, 2025
DOMESTIC equity market staged a sharp rally on Monday, with investors piling into auto and consumer goods stocks amid rising hopes of GST reforms.
The Nifty Auto and Consumer Durables indices jumped 4% and 3%, respectively, driven by heavyweights such as Maruti Suzuki, Hero MotoCorp, and Voltas, which advanced between 6% and 9%.
Reports suggest that the GST Council is considering a significant overhaul of the current structure, moving from four tax slabs to a simplified two-rate system: 5% for essential items and 18% for most other goods. Luxury and sin products are likely to face a steeper levy of about 40%.
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The New Indian Express Kollam
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The New Indian Express Kollam
Nat'l ambulance norms for emergency response
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PM to take stock of reforms from secys
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Omar writes to Mann as J&K staring at mutton shortage over Punjab transit fees
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1 min
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The New Indian Express Kollam
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3 mins
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The New Indian Express Kollam
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1 min
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The New Indian Express Kollam
ANCY’S RECORD GIVES HOPE, BUT CONSISTENCY IS KEY
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1 mins
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The New Indian Express Kollam
14 killed after Saudi Aramco helicopter crashes in Ras Tanura
A helicopter crash in Saudi Arabia killed 14 Saudi citizens on Sunday, the kingdom’s official press agency reported, adding that the aircraft belonged to state oil giant Aramco.
1 min
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