Category: Economy

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June GST collections 13.9% to ₹1.95 lakh crore

India’s gross Goods and Services Tax (GST) collections rose 13.9% year-on-year to ₹1.95 lakh crore in June, with a sharp jump in import tax receipts…

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GST collections rise 13.9% to Rs 1.95 lakh crore MoM in June

India’s gross Goods and Services Tax (GST) collections rose 13.9% year-on-year to Rs 1,94,812 crore in June 2026, compared with Rs 1,71,105 crore in the…

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India’s June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows

India’s manufacturing sector expanded at its second-slowest ​pace in four years ​in June as cooling demand for goods dragged ​on output and hiring but easing…

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GST cuts
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In Graphics: How GST cuts triggered a rally for Indian businesses

The rationalisation in the goods and services tax rates last September delivered a larger-than-expected expansion in the tax base, with higher taxable supplies more than…

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Fiscal deficit widens to 9.6% of FY27 target on higher spending

New Delhi: The central government’s fiscal deficit in the first two months of this financial year stood at 9.6% of the annual target, compared with…

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Iran War Pause Brightens Growth Prospects: Finmin
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Easing oil prices, supply chains to soften external pressures on India: Finance ministry

New Delhi: The finance ministry said Tuesday easing oil prices and improving global supply chain conditions may help soften some external pressures on the Indian…

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India’s manufacturing growth slows in Q1 as West Asia conflict weighs: FICCI

New Delhi: India’s manufacturing sector is expected to post slower growth in the April-June quarter of FY27, largely due to the impact of the West…

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Framework in the Works to Track Viksit Bharat Progress
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New macro indicators in the works to track Viksit Bharat progress

New Delhi: The government is developing a comprehensive indicator framework to measure India’s progress towards its goal of becoming a developed nation by 2047, people…

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Clouds over kharif sowing: Met sees below-normal rain in July
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Clouds over kharif sowing: Met sees below-normal rain in July

New Delhi: India is likely to receive below-normal rainfall in July, the wettest month of the southwest monsoon, with precipitation expected to be less than…

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Automobiles biggest driver of India’s export growth to Japan: Report

New Delhi: Automobiles have emerged as the biggest driver of India‘s export growth to Japan, with their share in outbound shipments rising sharply from just…

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