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India’s GST Collections Surge 9.9% YoY in March 2025

India’s GST Collections Surge 9.9% YoY in March 2025: India’s Goods and Services Tax (GST) collections witnessed a strong growth of 9.9% year-on-year (YoY) in March 2025, reaching Rs 1.96 lakh crore. This marks a significant rise in indirect tax revenue, reflecting steady economic activity and increased compliance. The gross GST collection for March stood […]

Decline in India’s Cotton Production

Decline in India’s Cotton Production: India, once the world’s largest cotton producer and exporter, is facing a significant decline in cotton production, primarily due to the lack of technological advancements and policy inaction.Hybrid Cotton Varieties developed by Indian scientists like C.T. Patel and B.H. Katarki in the 1970s, has significantly improved yields. Bt (Bacillus thuringiensis) […]

UPI Transactions Hit Record Rs 24.77 Trillion in March 2025, Marking New High in FY25

UPI Transactions Hit Record Rs 24.77 Trillion in March 2025, Marking New High in FY25: Unified Payments Interface (UPI) transactions surged to a record high in March 2025, reaching Rs 24.77 trillion in value and 19.78 billion in volume. This represents a significant 13% increase in value and 14% rise in volume compared to February […]

India’s 6.5% Growth Highest Amongst Advanced

India’s 6.5% Growth Highest Amongst Advanced: According to Moody’s Ratings, India is projected to achieve a 6.5% GDP growth in the current fiscal year (2025-26), making it the fastest-growing economy among advanced and emerging G20 nations. Although slightly lower than last year’s 6.7% growth, India continues to outpace its global counterparts, driven by strong tax […]

NITI NCAER States Economic Forum Portal

NITI NCAER States Economic Forum Portal: Amid complaints by opposition-ruled states that they faced discrimination in the sharing of resources, the Union Finance Minister will launch the “NITI NCAER States Economic Forum” portal. It was developed by NITI Aayog, in collaboration with the National Council of Applied Economic Research (NCAER). It is a comprehensive repository […]

Renault to Acquire Nissan’s Stake in India Manufacturing Unit

Renault to Acquire Nissan’s Stake in India Manufacturing Unit: Renault Group has announced that it will acquire the remaining 51% stake in Renault Nissan Automotive India Private Ltd (RNAIPL) from Nissan Motor Corp, making it the sole owner of the manufacturing facility in Chennai, India. This move comes after a 2023 agreement in which Renault […]

SBI Chief CS Setty Appointed as Chairman of Indian Banks Association

SBI Chief CS Setty Appointed as Chairman of Indian Banks Association: The Indian Banks Association (IBA), the apex body representing the banking sector in India, has elected Challa Sreenivasalu Setty, the Chairman of State Bank of India (SBI), as its new chairman for the upcoming fiscal year. Setty will lead the association until the next […]