India’s GST Collections Surge to ₹2.11 Lakh Crore in July, Driven by Robust Imports
India's GST collections soared to ₹2.11 lakh crore in July, marking a 15.4% increase year-on-year. This robust growth was primarily fueled by a 29% jump in Integrated GST on imports, complemented by strong domestic economic activity and higher commodity…
US Economy Cools to 1.5% GDP Growth in Q2: Resilient Consumers and Business Investment Provide Key Support
The U.S. economy experienced a slowdown in Q2, with GDP growth at 1.5% due to rising imports. However, robust consumer spending and business investment acted as vital pillars, preventing a sharper deceleration. Inflation continues to moderate, while a…