The Union finance ministry released the data on June 1. (File)
Posted in Business

May GST collections up 3% to ₹1.94 lakh crore

The gross Goods and Services Tax (GST) revenue in May rose 3.2% year-on-year to ₹1.94 lakh crore from ₹1.88 lakh crore in the same month…

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Posted in Economy

India-US meet to resolve final ‘commas and full stops’ of bilateral trade pact

Chief negotiators from India and the United States are set to resume trade talks on Tuesday to finalise what Commerce Minister Piyush Goyal said, the…

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Posted in Startups

Japan’s MUFG readies $250 million India fund as new investors emerge with bold bets in Indian startup market

Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group, is setting up a $250 million (about Rs 2,300-2,400 crore) India-focused fund to back early and…

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Posted in Economy

India-Oman CEPA kicks in – The Economic Times

New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), which came into effect Monday, will benefit domestic exporters of textiles, leather, plastics, marine products, automobiles,…

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Posted in Economy

Cotton prices down 3% on import duty suspension, may slide more

Pune: India’s decision to suspend 11% import duty on cotton until October has triggered an immediate reversal in the fibre’s rally, with cotton bale and…

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Posted in Economy

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…

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Posted in Economy

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…

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Posted in Economy

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…

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Posted in Economy

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…

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Chinese Wall may Stem India Tech Flows
Posted in Economy

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…

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