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Mumbai: The country’s largest lender State Bank of India, on Friday, reported a standalone net profit of ₹19.683.75 crore in the March quarter of FY26 (Q4FY26), up 5.6% year-on-year. Its net interest income (NII) in Q4FY26 increased 4% on year to ₹44,380 crore
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TBSE Result 2026: Tripura Board 10th, 12th results declared at tbse.tripura.gov.in, direct link hereTBSE Result 2026 has been declared. The direct link to check Tripura Board 10th, 12th results is given here. Updated on: May 08, 2026 12:55 PM IST By HT Education Desk | Edited by Papri Chanda Share
Communist Party of India leader D Raja on Friday urged Tamil Nadu Governor Rajendra Arlekar to invite actor-politician Vijay’s Tamilaga Vettri Kazhagam to form the government as the single-largest party in the Assembly and allow it to prove its majority on the floor of the House, PTI reported
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Indian mothers nutritionally deficient? Gynaecologist shares 4 nutrient gaps behind fatigue, brain fog, sleep issuesIs your diet nutritionally shallow? Find out what your common daily health signs may be connected to. Published on: May 08, 2026 2:03 PM IST By Adrija Dey Share via Copy link Mothers
London, May 8 (PTI) British Prime Minister Keir Starmer on Friday said he takes responsibility for the “very tough" losses for the Labour Party in the local election, which threw up big wins for the anti-immigration Reform UK. Speaking to reporters as the vote count for Thursday’s UK-wide polls
SUV Lovers To Pay More, Big Savings On Small Cars & Bikes: What Buyers Should Know
SUV Lovers To Pay More, Big Savings On Small Cars & Bikes: What Buyers Should Know
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising ministers from all states, approved sweeping GST cuts on several commodities on Wednesday, bringing a much-needed relief for carmakers and buyers. This will be effective from September 22, 2025, the first day of Navratri.
GST rates on several automobiles have been slashed from 28% to 18%, making them significantly more affordable. The cuts mean that middle-class households will make big savings on small cars and bikes, providing a boost for Maruti Suzuki, India's largest carmaker, and its rivals Hyundai and Tata Motors.
Arvind Shrivastava, Secretary, Department of Revenue, Ministry of Finance, announced that GST on Electric Vehicles (EV) will remain at 5%. However, SUVs and luxury EVs will see a higher GST of 40%, up from 28%. This is a higher slab for select few items.
The automobile industry had repeatedly urged the government to hasten the implementation of new GST rates, seeking their rollout before the start of the festive season in the second half of September.
ALSO READ: What Gets Cheaper, What Gets Costlier After GST Council's Big Tax Reset: Full List
The major reform comes amid strained trade ties with the US over Donald Trump's steep tariffs on Indian imports, with Prime Minister Narendra Modi making repeated calls for increased use of Indian products. The proposed tax cuts are aimed at curtailing the impact of the fall in exports to the US due to the recent tariff hike.
Hon'ble Prime Minister Shri @narendramodi announced the Next-Generation GST Reforms in his Independence Day address from the ramparts of Red Fort.Working on the same principle, the GST Council has approved significant reforms today.
These reforms have a multi-sectoral and… pic.twitter.com/NzvvVScKCF
— Nirmala Sitharaman Office (@nsitharamanoffc) September 3, 2025
Additionally, the GST rates of certain parts and accessories – including chassis, wheel rims, bodies, and transmission – have been slashed.
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Source: News18
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