Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu, October 4, 2012. — ReutersPassenger car sales rise 43% in the first quarter of FY27.Passenger car production increases 32% year-on-year.Passenger car…
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A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. — ReutersBrent crude falls below $80 on Iran oil supply hopes after deal.Hormuz disruption leaves US oil reserves at lowest since 1983.Asia stocks mixed; Taiwan…
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A rising stock graph and 3D-printed oil barrels miniature are seen in this illustration taken on June 23, 2025. — Reuters
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Govt, IMF mull raising GST, withholding taxes on solar panels and internet services
The International Monetary Fund’s building in Washington, US. — AFP/FileMeasures to apply in on revenue shortfall, inability to cut expenses.Hike in withholding tax on internet service to up to 20% proposed.Contingency measure suggests raising GST on solar panels to 18%.