The Goods and Services Tax (GST) collections in July, in gross terms, rose over 7.5 per cent to about 1.95 lakh crore compared to about 1.82 lakh crore in the same month last year, according to official data released Friday.
US envoy Steve Witkoff visited a US-backed food aid site in Gaza amid a worsening hunger crisis. Along with Ambassador Mike Huckabee, he will help finalize a new aid plan and brief President Trump after the visit, according to CNN.
Panama's comptroller has sued to revoke a Chinese firm's control over key Panama Canal ports, citing national interest and irregularities. The move challenges China's strategic presence in global trade routes and raises sovereignty concerns, according to Nikkei Asia.
The executive order signed by President Donald Trump on Thursday has imposed flat 25 per cent tariff on all goods from India, with no product-level exemptions, according to a report by the Global Trade Research Initiative (GTRI).
India's international trade in services showed notable momentum in June 2025, with both exports and imports registering year-on-year growth, according to data released by the Reserve Bank of India (RBI).
India's manufacturing activity gained further momentum in July, rising to a 16-month high of 59.1 from 58.4 in June, driven by stronger growth in new orders, output, and inventory buildup, according to the HSBC PMI data released by S&P Global.
The new tariffs imposed by the United States are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by the State Bank of India (SBI).
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday watched a special screening of the short film "The Last Drop" at his official residence, Oak Over Shimla, according to a release.
Residents in Bajaur's Lowi Mamund tehsil protested a sudden military operation and curfew, saying it caused civilian deaths and hardships. They demanded an end to the operation, arguing that force has only worsened peace and stability in the region, according to a Dawn report.
Public Sector banks (PSBs) performed better than Private sector banks (PVBs), PSBs credit rate growth was 11 per cent as compared to 8.1 per cent of PVBs in Q1 of the Financial Year, according to a report by CareEdge.
Global trading firm Jane Street is reportedly not cooperating with the Income Tax Department in an ongoing investigation against it, according to the sources.