Economy News Live: Benefits of GST cuts have been extended to consumers, says FM Sitharaman

Minister of Commerce and Industry Piyush Goyal on Saturday said that “Despite global uncertainties, India is growing so steadily that even IMF revised its GDP forecast upwards.”

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Economy News Live: ‘Volume grew by 22.6% YoY without India Cements and Kesoram,’ says UltraTech CFO Atul Daga

“Volume grew by 22.6% YoY without India Cements and Kesoram. Reduction of green energy cess in long-term interest of UltraTech. Aim to complete brand transition of acquired assets by June 2026. Focusing on strengthening market share in north and west, through largely brownfield and greenfield expansion. Cable and wire business expected to start production from Q3FY26,” said Daga.

FM Nirmala Sitharaman said, “MSMEs benefited from GST 2.0 as most of the raw products and inputs that go in manufacturing has come down. So MSMEs that create jobs have benefited from raw materials side and on the consumption side as well which is going up because their output is taxed at lesser rates.”

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