GST 2.0 gives auto, economy a fresh gear; India car market seen at 6.3 million by 2031: Maruti Chairman

Maruti Suzuki Chairman RC Bhargava credits GST reforms for economic impetus and growth. The Indian car industry is projected to reach 6.3 million units by 2031. Small car market share is expected to grow significantly faster than previously observed. The company is expanding production capacity to meet anticipated demand increases. This expansion reflects the economy’s…

Higher LNG prices likely from September; downstream players may face margin pressure costs: Report

India’s LNG demand remains resilient despite spot prices above $20/MMBtu, but rising gas costs could squeeze downstream margins, according to Equirus. LNG accounted for 59% of India’s gas consumption in July 2026, the highest since July 2021. A prolonged Middle East supply disruption could tighten global LNG markets, delay supply easing until 2027 and keep…