After an impressive show following the pandemic-period deceleration, a slowdown could now be on the cards. The GST collection for June 2024 was ₹1.74 lakh crore, a 7.7 percent increase from a year ago. This growth was slower than the 12.4 and 10 percent rise recorded in April and May, respectively. When seen in absolute terms with the previous months, with collections of ₹1.73 lakh crore in May and ₹2.1 lakh crore in April, the revenue line for the April-June quarter seems flat.
GST collections, which indicate the volume of goods and services sold, is a good indicator of the economy's performance.
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SL strikes deal with sovereign bondholders to restructure debt
SRI Lanka has reached a debt restructuring agreement with its sovereign bondholders, the government has said, marking a crucial step towards the cash-strapped island nation's economic recovery and strengthening.
Biden says he's not confident that US prez election would be peaceful
PRESIDENT Joe Biden said Friday he was not confident the US election in November would be peaceful, citing incendiary comments by Republican contender Donald Trump, who still rejects his 2020 defeat.
Army deployed in Islamabad, Lahore amid protests by Imran's supporters
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Cong being run by 'urban Naxals', says PM in Maha rally
ALLEGING that the Congress is being run by a \"gang of urban Naxals\", Prime Minister Narendra Modi on Saturday urged the public to unite in defeating the \"dangerous agenda\" of the grand old party that has a history of looting people once it comes to power.
Locals, cops fight pitched battle as 10-yr-old girl found dead in Bengal
THE body of a 10-year-old girl, allegedly raped and murdered, was found in West Bengal's South 24 Parganas district on Saturday, prompting local residents to set fire to a police outpost, police said.
Docs on fast unto death after demands ignored
THE junior doctors, protesting the rape-and-murder of their colleague at the RG Kar hospital, ended their cease-work but announced an indefinite fast, citing non-fulfilment of their demands by the West Bengal government despite the 24-hour deadline they set.
Rahul invokes Shivaji, 'two ideologies' in Kolhapur
CONGRESS leader Rahul Gandhi on Saturday said that the statue of Chhatrapati Shivaji Maharaj collapsed days after its installation in Malwan as it was erected by those opposed to his true ideology.
Bihar told not to annul selection of junior engineers
TERMING it \"impermissible\", the Supreme Court on Friday set aside Bihar government's decision to scrap the 2019 selection process for the appointment of over 6,000 junior engineers in the state's water resources department.
Party leadership will decide CM face: Hooda
FORMER Haryana chief minister Bhupinder Singh Hooda on Saturday said his party is going to form the government with a comfortable majority and reiterated that the decision on CM's face would be made by the high command on the opinion of Congress MLAs.
Shah to take stock of anti-Maoist ops with CMS of affected states
IN the wake of anti-Naxal operations in which 31 extremists were neutralised in Chhattisgarh, Union Home Minister Amit Shah has convened a meeting of chief ministers and home ministers from states affected by Left-Wing Extremism (LWE) on Monday.
