Ever since U.S. President Donald Trump has made a come back in the White House, he has been making major decisions and rules. More recently after Trump announced new reciprocal tariffs, the stock markets around the world took a sharp hit on Thursday. Trump proposed a 10% blanket tariff on all U.S. imports— and even higher rates for countries that …
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MUMBAI: A post-festival moderation in growth, as indicated by various economic reports, could lead to lower-than-projected growth in the third quarter. While October saw a spike in economic activity, it tapered down in November as was first seen in indicators like payments.Current high-frequency indicators reflect a slowing of momentum, according to Kaushik Das, an economist with Deutsche Bank. “GST growth …
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GST collections grew 7.3% to Rs 1,76,857 crore in Dec, amid a slowdown in demand in several segments of the economy and concerns over weak urban demand.Domestic collections in Dec (based on transactions in the previous month) grew 8.4% to Rs 1,32,589 crore, while those related to imports were 3.9%. The good news was that govt did not hesitate from …
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