India's Economic Momentum Continues Despite Global Turbulence

India's economy showed strong signs of growth in the first half of the year, with GST collections jumping 14.7% to over Rs 2 lakh crore in September. The growth was driven by a 26% jump in integrated GST on imported goods, higher commodity prices, and a weaker rupee. Auto sales also surged, with the five leading carmakers reporting double-digit growth in domestic passenger vehicle dispatches. Digital payments activity remained robust, and private equity and venture capital investments saw a significant increase.

Sources

• Times of India