Monday, August 1, 2022

5G spectrum auctions earn Centre record ₹1.5 lakh crore



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GST, PMI data for July point to firm recovery

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose to 56.4 in July from 53.9 in June on the back of a significant rise in business orders.

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No chance of India slipping into stagflation, says Nirmala Sitharaman

The finance minister said all indicators showed that India was doing better than others, citing the latest goods and services tax (GST) collections, which rose 28% to Rs 1.49 lakh crore,

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Sitharaman cites numbers, says India not facing recession risk



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GoM weighs scrapping 12% GST slab

People aware of the development told ET that most of the members of the group were of the view that the 12% slab accounts for about 8% of total GST revenues and can be done away with.

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Turkiye sees highest ever number of monthly tourists from India

Indian tourists flocked to Turkiye (previously known as Turkey), which recently removed all Covid-time entry restrictions, like never before this summer. The Turkiye Tourism Board (TTB) says over 27,300 Indians visited the country this June — the highest ever monthly figure for desi tourists there. The previous high was in June 2019 when 24,000 Indians went to Turkiye.

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Bullion Exchange set to aid India's forex

Costs could come down by as much as $50 a kilogram initially, people familiar with the matter told ET, as the Bullion Exchange (IIBX) at GIFT City becomes the favoured platform for gold consignments in a country where the yellow metal has beaten all competing asset classes as the traditional store of value.

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Fuel sales slip in July as monsoon dampens demand



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Sunday, July 31, 2022

India doesn’t have issues like Pak & Sri Lanka, says Rajan



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