Tag: Goods and Services Tax impact
Posted in Economy
Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation
MUMBAI: Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to…
Posted in Economy
Credit demand zooms as policy eases, outstanding bank credit crossed Rs 200 lakh cr for the first time on Dec 31, 2025
Mumbai: Credit demand in India is getting a boost from the reduction in the goods and services tax (GST) and a more accommodating monetary policy,…
Posted in Economy
India’s wholesale inflation to remain at 0.5% for FY26: Report
Wholesale Price Index (WPI) inflation in India is expected to remain subdued at 0.5 per cent for the rest of the current financial year, according…