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Friday, November 7, 2025

Tag: economic growth

India Set to Become 3rd Largest Global Economy, Says FM Sitharaman

Finance Minister announces India's rapid economic ascent from 10th to soon 3rd largest economy, with 25 million lifted from poverty and banking sector revival.

UK Economic Growth to Slow as Tax Hikes and Trade Wars Bite

EY forecasts UK growth will drop to 0.9% in 2026 amid Budget tax increases, trade tensions and high interest rates, with business confidence at record lows.

GST Revenue to Exceed Budget Estimates in FY26: SBI Research

India's GST collections projected to surpass government targets with states gaining up to 10.7% post-tax rationalisation. Latest analysis reveals positive revenue outlook.

GST Collections Rise 4.6% to ₹1.95 Lakh Crore in October 2025

India's GST revenue shows strong growth with October collections hitting ₹1.95 lakh crore. Cumulative April-October period records 9% increase, reflecting economic momentum.

GST Collections Rise 4.6% to ₹1.96 Lakh Crore in Festive October

India's GST revenue grows despite rate cuts, marking 10th straight month above ₹1.8 lakh crore. Direct tax collections also show strong 6.33% increase.

India’s GST Collections Grow 4.6% to ₹1.96 Lakh Crore in October

GST revenue reaches ₹1.96 lakh crore in October despite tax cuts, showing 4.6% growth over previous year during festive season.

India’s Fiscal Deficit at 36.5% of FY25 Target in First Half

India maintains fiscal discipline with ₹5.73 lakh crore deficit in April-September 2025, boosted by RBI dividend and infrastructure spending.

Reeves Faces Tax Hike Decisions as Public Finances Remain Challenging

Chancellor Rachel Reeves confronts difficult Budget choices with potential mansion tax and spending cuts to address £20-50 billion fiscal shortfall.

Pakistan’s Public Debt Hits $286 Billion, Rising 13% in FY 2025

Pakistan's debt-to-GDP ratio reaches 70% as public debt surges to $286.8 billion. Get key insights on domestic and external debt breakdown.

India’s Premium Consumption Boom: Franklin Templeton Reveals Growth Drivers

Discover how rising affluence is transforming India's consumer market with premium FMCG and appliances driving the next wave of economic growth.

India’s Diwali Sales Hit Record ₹6.05 Lakh Crore, Up 42%

India's Diwali festival sales reached historic ₹6.05 lakh crore, driven by GST reforms and strong consumer demand. Traditional markets contributed 85% of total trade.

Diwali 2025 Sales Hit Record ₹5.40 Lakh Crore in Historic Retail Boom

India's festive economy surges 25% with GST reforms fueling unprecedented consumer spending and creating 50 lakh jobs during Diwali 2025 season.