Month: June 2026
GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growth
New Delhi: India’s gross Goods and Services Tax (GST) collections rose 3.2% year-on-year to ₹1.94 lakh crore in May 2026, reflecting a steady growth, official…
Manufacturing activity at 3-month high in May despite cost woes
New Delhi: India’s manufacturing sector activity growth rose to a three-month high in May, on sustained demand, infrastructure projects and new business gains, even as…
India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressures
New Delhi: The central government contained its FY26 fiscal deficit at the budgeted target of 4.4% of gross domestic product (GDP), despite a downward revision…
India industrial output grows 4.9% in April as new IIP series shows manufacturing-led recovery
New Delhi: India’s industrial output grew 4.9% on-year in April, the first print of a new Index of Industrial Production (IIP) series that has 2022-23…
Chinese Wall may stem India tech flows for electronics and automobile
New Delhi: China’s new rules, empowering the government to regulate and prohibit technology transfers, cross-border movement of technical talent and overseas transactions involving asset transfers…
CBDT tells tax officers to tighten scrutiny of unexplained income, assets
New Delhi: The Central Board of Direct Taxes (CBDT) has instructed assessing officers to exercise greater diligence and consistency in invoking anti-evasion provisions relating to…
India-Oman trade pact eases hiring of Indian workers by domestic investors in Muscat
New Delhi: Indian firms investing in Oman can hire Indian workers over and above the local employment requirements mandated by the Omani government under the…
RBI launches 2 key surveys
The Reserve Bank of India has initiated its annual surveys for the 2025-26 period. These surveys will gather crucial data on mutual funds’ foreign financial…
RBI clears 99% applications within deadline under Citizen’s Charter
Mumbai: The Reserve Bank of India (RBI) on Monday said it has processed 99.9 per cent of applications within the prescribed timeline under its Citizen’s…
Government raises onion buffer stock purchase price 24% to Rs 15.80/kg
New Delhi: The government has raised the procurement price for onions under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg…