PM Modi's tax cut fuels ₹6 lakh crore festival shopping boom in India - The Economic Times

Synopsis GST Tax Cuts: India's consumption tax cuts during the festival season spurred a significant surge in spending, with sales reaching $67.6 billion. This boost, driven by demand for cars, electronics, and home goods, helped offset economic impacts from US import levies and signaled a turnaround in local consumption. AP People watch the live telecast of Indian Prime Minister Narendra Modi's s…