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GST rate cuts slow down Q1 tax collection growth

NEW DELHI: Centre’s fiscal deficit hovered around 18% of the full year’s estimate at the end of the first quarter, despite elevated capex and a slower growth in tax revenue due to the impact of GST rationalisation.During April-June, the Centre’s tax revenue was 3.7% higher at just over Rs 9 lakh crore, compared with a...
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Outlook for Aug. 3-7, 2026

Can the recovery in momentum be sustained? That’s the question investors are wrestling with heading into a new month, during which there are no shortage of hurdles for the stock market to get through. Momentum just had one of its best days ever, staging a huge comeback Thursday from oversold conditions. A crisis at Situational...
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J&K: Properties of 11 Pak-based terrorist handlers attached in Ramban | India News

The action was part of J&K Police’s ongoing efforts to dismantle the financial and logistical infrastructure of cross-border terror networks JAMMU: J&K Police attached properties of 11 Pakistan-based terrorist handlers in Ramban district on Friday to prevent their misuse for terror financing in the Union Territory.The assets belonged to terrorist handlers Mohammed Iqbal, Farooq Ahmed,...
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