Policy▲ Bullish for Indian equities
GST Council may set different timelines for services, capital goods refunds
The brief
- Capital-goods refunds are likely to start from April 1, 2027
- Input-services refunds are likely to take effect this year
- Earlier input-service refunds could improve cash flows for Indian manufacturers
- India plans 8-9 semiconductor fabs, aims for 10% of global 6G patents: Scindia
- Shyam Metalics signs MoU for ₹50,000 crore steel plant in Maharashtra
- Tata Sons chair says energy security and jobs are key to sustaining growth
- The oil shock hasn’t stopped the factory boom. It may be changing what factories make | Explained
- Textile output surges, but apparel production stays in the red. What’s driving the divergence?