India stands out as global fintech bright spot as credit demand surges

IANS | June 2, 2025 11:04 AM

New Delhi, June 2 (IANS) India has emerged as one of the most dynamic fintech markets globally, driven by a potent combination of digital public infrastructure (UPI, Aadhaar, Account Aggregator), a mobile-first population, and regulatory clarity, a report showed on Monday.

India's GST collections in May surge over 16 pc to Rs 2.01 lakh crore

IANS | June 1, 2025 5:56 PM

New Delhi, June 1 (IANS) India’s gross Goods and Services Tax (GST) collection for May 2025 reached Rs 2.01 lakh crore, marking a 16.4 per cent rise compared to the Rs 1.72 lakh crore collected in May 2024, according to data released by the Ministry of Finance on Sunday.