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Prime Minister Narendra Modis Independence Day GST reform announcement is seen as a game-changer, with brokerages projecting a Rs 2.4 lakh crore demand boost and a 5070 bps lift to GDP growth. Expected around Diwali, the reforms, coupled with earlier income tax cuts, are set to fuel discretionary spending, with auto and consumption stocks poised to benefit most.
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The consequences of the tariff hikes are being felt across the world, and not just in direct trade with the US.
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Sofea says 15,000 more meals have been delivered in July this year compared to the same period in 2024
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