The FMCG sector is preparing for GST 2.0, effective September 22, with companies adjusting pricing and inventory to boost consumption during the festive season. The GST cut is expected to benefit consumers, improve system efficiencies, and shift the market towards organized players.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.