Rahul Gandhi’s ‘Economic Tsunami’ claim debunked by strong macro fundamentals

IANS | June 30, 2026 8:01 PM

New Delhi, June 30 (IANS) Rahul Gandhi’s hollow assertion that India is heading towards an “economic tsunami” is far removed from ground realities. Far from facing collapse, the Indian economy has demonstrated remarkable resilience, even amid the ongoing Middle East crisis, supported by robust data from credible institutions.

India’s banks in strong position to drive growth: RBI Governor

IANS | June 30, 2026 5:55 PM

New Delhi, June 30 (IANS) RBI Governor Sanjay Malhotra said on Tuesday that India’s financial system remains a key source of strength and support for the real economy and the country’s growth momentum, as banks and NBFCs remain sound, supported by strong capital and liquidity positions, healthy profitability, low levels of non-performing assets, and robust credit growth.

Nine years of GST mark success of India’s biggest tax reform

IANS | June 30, 2026 4:41 PM

New Delhi, June 30 (IANS) The launch of the Goods & Services Tax (GST) on July 1, 2017, marked a historic achievement in India’s economic reforms journey, with the principle of “One Nation, One Tax” helping to create a common national market, according to an official factsheet issued on Tuesday.