India’s GST collections rose 22.9% year-on-year to ₹2.31 lakh crore in October 2026, compared with ₹1.88 lakh crore in October 2025, according to provisional government data. Strong domestic economic activity and higher tax revenue from imports supported the growth. After adjusting for refunds, net GST revenue increased 25.6% to ₹2.03 lakh crore from ₹1.61 lakh […]
India global growth could play a major role in the next phase of the world economy, according to International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke. Clarke said India has the potential to power the next wave of global growth. He pointed to the country’s strong economic fundamentals, private sector strength and expanding technology […]
India’s core sector growth rose 5.4% in July 2026, supported by higher production of coal, refinery products, cement, electricity and iron ore. The nine key infrastructure sectors had recorded 3.2% growth in July 2025. Growth stood at 6% in June 2026. New Base Year and Expanded Core Sector Index The government began releasing the data […]
Chief Minister Devendra Fadnavis stated at the World Economic Forum that foreign investors are beginning to recognise India, particularly Maharashtra, as a major investment location with substantial prospects. He underlined that international funds have a great deal of faith in India’s development and mentioned that investments come from a variety of industries, with ongoing talks […]
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday sharply lowered its inflation forecast for 2025–26 to 2%, revising it downward from the earlier estimate of 2.6%. The RBI said the drop reflects an unexpected and steep fall in food prices, along with the impact of recent GST rate cuts. RBI Governor Sanjay Malhotra noted that […]
