BUSINESS
GST Collections Rise by 8.9% Year-on-Year to Rs 1.87 Lakh Crore in October
The data released by the government showed that all CGST, SGST, IGST, and cess were up in the last month. Central GST (CGST) collected Rs 33,821 crore in October while State GST (SGST) collection was at Rs 41,864 crore. The government also collected Integrated GST (IGST) at Rs 99,111 crore and cess amounting to Rs 12,550 crore.
India's Forex Reserves Reach $684.8 Billion as Gold Reserves Increase
The central bank said the gold reserves, that are a part of the foreign exchange kitty, had increased to $68.53 billion in the week ended 5 May from $67.45 billion.
Petrol, Jet Fuel, and LPG Sales Soar as Economy Gains Momentum
Petrol sales rose 7.3 percent, LPG consumption surged 7.5 percent, and jet fuel demand rose 2.5 percent during the festive season compared with the year-ago period, according to data released by the public sector oil companies on Friday.
India Reports Strong Growth in Key Mineral Production in First Half of FY25
"Iron ore accounts for about 70 per cent of the total Mineral Conservation and Development Rules (MCDR) mineral production by value. Production of iron ore was 274 million metric tonnes (MMTs) in FY 2023-24," the data showed.
UPI Achieves New Milestone with 16.58 Billion Transactions Valued at Rs 23.5 Lakh Crore in October
According to data shared by the National Payments Corporation of India (NPCI) on Friday, October saw a 10 per cent increase in volume and 14 per cent in value compared to September.
India's Coal Production Grows by 7.5% in October
The cumulative coal production for the fiscal year up to October reached 537.45 MT, higher than 506.56 MT in the same period of FY 2023-24, which was up 6.10 percent, data showed.
EAC-PM Chairman Bibek Debroy Dies
He had passed out from the Ramakrishna Mission School, Narendrapur, Presidency College, Kolkata, Delhi School of Economics, and Trinity College, Cambridge, and had many books to his credit.
Investors Gain Rs 128 Lakh Crore in Samvat 2080, Gold Delivers 32% Returns
The National Stock Exchange witnessed the investor base cross 20 crore. Amidst tremendous interest from the retail investors, 336 companies saw listing in Samvat 2080 — with 248 coming from the SME segment.
India's Core Industries Grow by 2% in September, Driven by Coal and Cement
The cumulative growth rate of the Index of Eight Core Industries (ICI) for the April-September period was 4.2 per cent compared to the corresponding period of last year, said the Ministry of Commerce and Industry, adding that the final growth rate of ICI for June stood at 5.0 per cent.
Chinese Businesses Face ₹1.25 Lakh Crore Loss This Diwali, Says CAIT
With Diwali celebrations starting on a positive note this week, retail trade on Dhanteras alone is estimated to touch Rs 60,000 crore, said CAIT General Secretary and MP Chandni Chowk, Praveen Khandelwal.
Don't Miss
Advertisement