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At 3.2%, GST collection growth slowest in 6 months

NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions. According to latest available data in May — based on transactions in April — GST from domestic sources was down 2.6% to Rs 1,34,530 crore.Govt, however, attributed it...
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UPI transactions near 30L cr, increase 19%

MUMBAI: Unified Payments Interface transactions rose to 2,320 crore in May 2026 from 2,235 crore in April while value increased to Rs 29.9 lakh crore from Rs 29 lakh crore, translating into 24% growth in volume and 19% growth in value on a year-on-year basis.Average daily transactions stood at 74.8 crore with 74.5 crore in...
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India reviews duty sop on Scotch in UK trade deal

NEW DELHI: Govt is reviewing tariff concessions on Scotch and some other products proposed in the trade agreement with the UK if its concerns over steel quotas and duties are not addressed before the treaty is ratified.“We have to rebalance the FTA… We haven’t made up our mind, but we can consider action on certain...
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McDonald’s MCD unveils growth strategy

People walk by a McDonald’s restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty Images McDonald’s on Monday unveiled its latest global growth strategy to help the fast-food giant become customers’ first choice as it faces new rivals and consumer spending stretched by high gas prices. A new restaurant design, better...
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