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Friday, January 16, 2026

Tag: GST rate cut

India’s Inflation Drops to 0.25% as GST Cuts Show Impact

October CPI inflation hits new low with food prices falling for fifth month, giving RBI room for growth-supportive monetary policy measures.

Retail Inflation Drops to 0.25% Multi-Year Low in October

India's retail inflation hits 0.25% in October, the lowest in years, driven by GST cuts and falling food prices. Food inflation turns negative at -5.02%.

CEA Projects FY26 GDP Growth Above 6.8%, Cites GST Boost

India's Chief Economic Adviser upgrades growth forecast, expects consumption boost from GST cuts and sees potential from US trade deal resolution.

UPI Transactions Hit Record High During Diwali Festival Season

UPI processed 754 million payments worth ₹1.02 lakh crore in a single day during Diwali, driven by festive spending and GST rate cuts.