From market fluctuations to strategic investments, India's business arena is buzzing. This piece unpacks the latest news, including GST updates, IPOs,
and the impact of global events on the Indian economy.
Market & Economy
The article discusses how the GST Council and macroeconomic data are influencing stock markets. It touches upon the expected rise in private capital expenditure to Rs 2.67 lakh crore by FY26, a 21.5% increase. FPIs have withdrawn Rs 35,000 crore, the biggest sell-off in 6 months, indicating market adjustments.
GST's Impact Unveiled
The article also highlights the impact of GST changes on e-commerce sales and how Delhi plans to release GST refunds before Diwali. Instances of GST evasion, such as a Rs 43 crore fraud, have been reported. Furthermore, the need for clarity on GST rates for festive season sales, particularly for carmakers, is emphasized.
Deals, Investments & IPOs
The article discusses various developments, including the upcoming Tata Capital IPO expecting a USD 2 billion launch, and CMR Green Technologies seeking SEBI approval for its IPO. It also mentions Signature Global's land acquisition in Gurugram and mega submarine deals worth over Rs 1 lakh crore. Additionally, Winspark is planning an IPO after achieving profitability.
Sector-Specific Insights
Specific sectors are analyzed, including the fashion industry, with insights from KM Birla on ABG strategy, and DTDC's plan for e-commerce to comprise 50% of its business. Ather Energy targets a 20% market share, while Royal Enfield faces a uniform 18% GST on two-wheelers. The gems and jewelry sector is also affected by US tariffs.
Fuel & Trade Dynamics
E20 fuel's implications are discussed, comparing mileage drops with national gains. Also, the impact of US tariffs on Indian farmers and the government's action plan, as shared by DEA Secretary Thakur, are addressed. Additionally, the Indian government is pushing rice exports to the Philippines, and China's fertilizer export curbs are affecting India.
