Monday, August 31, 2020

Failure to cut GST now will be counter-productive for the two-wheeler industry: Honda

Failure to cut GST now will be counter-productive for the two-wheeler industry: Honda The industry was hoping the GST Council’s August 27 meeting would announce a cut after Finance Minister Nirmala Sitharaman’s statement on August 25 that such a move was merited. However, the Council did not lower the rate and two-wheeler makers now fear buyers may postpone purchases till a GST cut is announced

from Moneycontrol Business News https://ift.tt/2YTX8dh

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...