03-September-2026
Economy News
 
GST, auto sales, UPI data point to resilient growth in August
02-Sep-2026

Several macro indicators released on Tuesday brought further economic cheer, underscoring domestic resilience in the face of tariff headwinds and the lingering crisis in West Asia. India's total goods and services tax (GST) collections rose 14.8% from a year earlier to Rs 2 lakh crore in August, while bulk car sales surged 36% to 448,000, putting India on course to hit 5 million units in the current fiscal year.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/gst-auto-sales-upi-data-point-to-resilient-growth-in-august/articleshow/133690842.cms
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org