GST collections jump nearly 23 pc to Rs 2.31 lakh crore in October

IANS | November 1, 2026 1:32 PM

New Delhi, Nov 1 (IANS) India's gross Goods and Services Tax (GST) collections rose 22.9 per cent year-on-year (YoY) to Rs 2.31 lakh crore in October 2026, driven by robust domestic economic activity and a sharp rise in tax revenue from imports, according to provisional government data released on Sunday.

INDIA bloc rally: CTI warns of Rs 10-12,000 crore trade loss as 2.5 lakh Delhi shops to remain shut

IANS | November 1, 2026 10:21 AM

New Delhi, Nov 1 (IANS) The Chamber of Trade and Industry (CTI) on Sunday warned of an unprecedented crisis for Delhi's business community due to the INDIA bloc's mega rally at Ramlila Maidan, claiming that around 2.5 lakh shops within a five-kilometre radius of the venue are likely to remain closed, while nearly 80 per cent of business activity could come to a standstill.

UPI transactions surge 16 pc to Rs 31.53 lakh crore in October amid festive season

IANS | November 1, 2026 9:37 AM

New Delhi, Nov 1 (IANS) The Unified Payments Interface (UPI) transaction volumes went up 23 per cent (year-on-year) to 25.47 billion in the month of October, while UPI transaction value surged 16 per cent to Rs 31.53 lakh crore last month, according to data released by the National Payments Corporation of India (NPCI) on Sunday.

US Treasury yields could settle around 4.75 pc: SBI report

IANS | November 1, 2026 9:19 AM

New Delhi, Nov 1 (IANS) US Treasury yields could settle at broadly around 4.75 per cent level for some time, but a short term blow up to 5.25-5.35 per cent is not ruled out amid the mid-term elections, a report showed on Sunday.

Quad discusses sea tensions, economic coercion

IANS | October 31, 2026 9:28 PM

Washington, Oct 31 (IANS) The Quad foreign ministers discussed tensions in the East China Sea and South China Sea on Saturday, with Japan’s foreign minister opposing unilateral attempts to change the status quo by force or coercion and all four countries expressing concern about economic pressure on critical supply chains.