Investment growth comes up short despite govt's capex push

Investment growth moderated slightly in the economy during the first quarter (Q1) of the current financial year (2023-24, or FY24), notwithstanding the front-loading of capital expenditure (capex)......

GST revenues grow 11% to about Rs 1.6 lakh crore in August

GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming......

Gross tax revenue up 2.8% at rs 8.9 trillion so far in FY24

India’s gross tax revenue, comprising both direct and indirect taxes between April and July, reported a growth rate of merely 2.8 per cent to Rs 8.9 trillion compared to the same period a......

Services sector pushes India's Q1 GDP growth to four-quarter high of 7.8%

India recorded GDP growth of 7.8 per cent during the April-June period of 2023-24, the highest in the past four quarters, on the back of double-digit expansion in the services sector, retaining its......