LiveIndia’s August GST Collections Up 6.5% at Rs 1.86 Lakh Crore
India’s GST collections rose 6.5% year-over-year to Rs 1.86 lakh crore in August 2025. This is compared to Rs 1.75 lakh crore a year ago....
Category : ECONOMY
GoM Clears Shift to 5% and 18% GST Slabs
India could soon see a major revamp of its indirect tax system. The Group of Ministers (GoM) gave the green light to a simplified two-slab...
Japan Exports See Sharpest Fall in Four Years Amid Tariff Woes
Japan’s exports fell 2.6% in July, marking the steepest drop in more than four years, as US tariffs hit global trade. The decline, worse than...
GST Cut May Cause Rs 1.5 Lakh Crore Revenue Hit, Warns CLSA
According to Nikhil Gupta, India Economist at CLSA, a goods and services tax (GST) cut could result in an annual revenue loss of approximately Rs...
India’s July Trade Deficit Widens to $27.35 Billion on Higher Imports
India’s merchandise trade deficit rose to $27.35 billion in July. This exceeded economists’ forecast of $20.35 billion and was up from $18.78 billion in June,...
US July Budget Deficit Rises 20% Despite Record Trump Tariff Revenue
Even with record tariff revenue, the US budget deficit continues to grow. In July, the deficit rose 20% year-over-year, despite a 273% jump ($21 billion)...
July CPI Falls to 1.55%, Lowest in 8 Years on Softer Food Inflation
India’s consumer price index (CPI)-based retail inflation eased to 1.55% in July, its lowest level since June 2017, down from 2.10% in June, according to...
Stainless Steel Industry Demands Anti-Dumping Duties to Shield Local Players
The Indian stainless steel industry is pushing for urgent action against cheap imports that threaten local manufacturers. The industry, represented by the Indian Stainless Steel...
India Services Growth Hits 11-Month High in July on Stronger Exports: PMI
India’s services sector growth hit an 11-month high in July, supported by strong export demand and steady domestic sales, according to the HSBC India Services...
India’s Crude Oil Imports from US to Jump 150% in FY26: Sources
India’s energy ties with the United States are deepening rapidly, with crude oil imports from the US projected to surge by over 150% year-over-year in...