India’s property sector is poised for a boost as the government reduces the GST on cement from 28% to 18%, potentially lowering project costs for developers and homebuyers. Additional tax cuts on marble, granite, and other construction materials are expected to further ease cost pressures. This rationalization is anticipated to stimulate consumption and propel India’s GDP growth.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG