GST collections recover to ₹1.16 lakh crore in July
The Hindu
This ‘clearly indicates that the economy is recovering at a fast pace. The robust GST revenues are likely to continue in the coming months too,’ says the Finance Ministry.
India's gross GST revenues in July recovered sharply to ₹1,16,393 crore, after for the first time in eight months in June. The government called the collections a sign of a rapid economic recovery from the second COVID-19 wave, though economists said they indicate an ‘incomplete’ rebound.
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Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
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