GST revenue collection for April 2024 highest ever at US$ 25.2 billion (Rs. 2.10 lakh crore)

India achieves record-high GST collections in April 2024, marking a 12.4% year-on-year growth, as the central government settled US$ 6.03 billion (Rs. 50,307 crore) to CGST and US$ 4.98 billion (Rs. 41,600 crore) to SGST.

India and Nigeria agree to early conclusion of local currency settlement

India and Nigeria aim to finalise a local currency settlement system agreement soon to boost economic ties.

India's power consumption rises 11% to 144.25 billion units in April

India's power consumption surged 11% in April, reaching 144.25 billion units, driven by rising temperatures and increased industrial activity.

Supersonic Missile-Assisted Release of Torpedo system successfully flight-tested by DRDO off the Odisha coast

DRDO successfully tests the Supersonic Missile-Assisted Release of Torpedo (SMART) system which will enhance Navy's anti-submarine capabilities with an advanced torpedo delivery system.

Ships moved 9% faster at Indian major ports in FY24 as infra improved

India's major ports show a 9% turnaround time improvement, increased cargo handling, and reduced vessel detention, driven by infrastructure upgrades and private sector participation.

Residential sector spearheads influx of realty investments with US$ 693 million in Q1 2024: Cushman & Wakefield

India's real estate sector attracted US$ 1.1 billion in investments in Q1 2024; Bangalore and Pune emerge as top investment destinations.