Ahead of the September 3–4 GST Council meeting, the Modi government is rolling out its most significant tax revision in nearly a decade.
India's Goods and Services Tax (GST) collections in August totaled ₹1.86 lakh crore, up 6.5% year-on-year, underscoring sustained economic activity and persistent compliance even amid broader global uncertainties , .
In August 2025, India's manufacturing sector delivered its strongest performance in over 17 years, with the HSBC India Manufacturing PMI surging to 59.3—its highest level since February 2008.
With the U.S. imposing steep 50% reciprocal tariffs on Indian goods—including textiles—exporters are staring down a major disruption.
The month of August 2025 has been a roller-coaster ride for Indian equity markets, largely influenced by the contrasting moves of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs).
On August 29, 2025, India witnessed unprecedented price jumps in precious metals—gold surged to ₹102,388 per 10 grams, while silver spiked to ₹117,572 per kilogram at the retail level.
In a landmark decision at the 15th India–Japan Annual Summit in Tokyo on August 29, 2025, Japan pledged to invest 10 trillion yen (approximately $68 billion) in India over the next ten years—a signal of deepening strategic and economic ties between the two democracies.
The U.S. economy bounced back robustly in Q2 2025, growing at a revised 3.3% annualized rate, up from the initial estimate of 3% and a sharp contrast to the –0.5% contraction in Q1. This rebound was driven by increased business investment—particularly in AI and intellectual property—stronger consumer spending, and a dramatic fall in imports, which added over 5 percentage points to GDP.
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