Business & Economy: What’s Happening Right Now?

Welcome to the Business & Economy hub of Entrance Exam Insider. Here we bring you straight‑to‑the‑point updates that matter to anyone who follows the market, from students planning a career in finance to everyday shoppers tracking prices.

Car Prices Take a Dive After GST 2.0

The newest GST Council meeting on September 3, 2025, sparked a wave of price reductions across the auto sector. Mahindra, Tata, Hyundai, and Toyota are all cutting tags, with savings ranging from ₹1.55 lakh to a whopping ₹3.49 lakh. That’s real money back in the pocket of anyone looking to buy a new car.

Why the sudden slash? GST 2.0 slashed the tax rate on several vehicle categories, and manufacturers said they’re passing the full benefit to buyers. The cuts are already live at dealerships, so if you’re hunting for a deal, now’s the time to visit the showroom.

What These Cuts Mean for the Economy

Lower car prices can boost demand, which in turn helps auto factories keep their lines humming. More sales mean higher production, more jobs, and a healthier contribution to GDP. Plus, a cheaper ride can free up cash for other purchases—think home appliances or even a short vacation.

On the flip side, some analysts warn that rapid price drops could squeeze profit margins for smaller dealers. If margins shrink, they might cut back on staff or promotional offers, which could offset some of the consumer‑friendly effects. Keep an eye on how the market balances these forces over the next few months.

Beyond the auto world, GST 2.0 changes ripple through many sectors. Lower taxes on goods and services mean businesses can price more competitively, and consumers enjoy lower bills on everything from electronics to groceries.

For students aiming for a career in economics or finance, watching these tax adjustments is a great way to understand how policy directly shapes market behavior. It’s a real‑world example of theory meeting practice.

In short, the car price cuts are a clear sign that tax policy can move markets fast. Whether you’re a buyer, a dealer, or a future economist, the takeaway is simple: stay tuned to policy updates, because they often translate into immediate price changes.

That’s the quick snapshot for today’s Business & Economy corner. Keep checking back for more updates, especially if you’re preparing for entrance exams that test current affairs and economic concepts. Happy reading!