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New Delhi: India's goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh crore mark for the third time, signalling resilient consumption despite significant cut in rates during the year. Experts however took a cautious stance for the coming months amid the global turmoil caused by the Iran war. Gross collections for March grew 8.8% from a year ago, reaching a 10-month high. This was led primarily by robust impor ...Read More >
(RTTNews) - India's factory growth showed a mild loss of momentum in September amid stronger rises in input and output prices, final survey data from S&P Global showed on Wednesday. The HSBC manufacturing Purchasing Managers' Index dropped to 57.7 in September from 59.3 in August. However, a score above 50 indicates expansion, and the same was below the flash estimate of 58.5. Among components, new orders, output, and input buying all rose at the slowest rates since May, while job creation ret ...Read More >
Thiruvananthapuram, July 3 (SocialNews.XYZ) Around 200 students and parents in Kerala, on Thursday, were excited after interacting with the country's astronaut Shubhanshu Shukla via video conferencing from the International Space Station. It was only after the entire interaction concluded at the Vikram Sarabhai Space Centre (VSSC) of the Indian Space Research Organisation here in the state capital city that the media came to know about it. The students were able to interact with Shukla for aro ...Read More >
New Delhi, July 3 (SocialNews.XYZ) Shubhanshu Shukla, the first Indian astronaut on the International Space Station (ISS), on Thursday had some interesting conversations with students in India, who bombarded him with questions like what do astronauts eat, how does one sleep in space and what happens if someone falls sick. The students also sought to know about the benefits of the space programme and what part of the space visit is most enjoyable. During the interaction, Shukla described the la ...Read More >
Lucknow/Thiruvananthapuram, Jul 3 (PTI) It was a once-in-a-lifetime opportunity for students in Kerala and Uttar Pradesh to interact with India's first astronaut to reach the International Space Station, Shubhanshu Shukla, and see him floating in space playing with a ball in zero gravity. They relished it. "I was so excited and happy. We had so many questions for him, and he answered many of them in detail and showed us how they float inside the ISS," Sanghavi, a Class 10 standard student from ...Read More >
Thiruvananthapuram: Kerala Governor Rajendra Arlekar has written a strongly worded letter to Chief Minister Pinarayi Vijayan, criticising General Education Minister V Sivankutty for walking out of a function held at Raj Bhavan on June 19. The Governor described the incident as a breach of protocol and an insult to the constitutional office. The letter, dated June 26, refers to an awards ceremony for the Bharat Scouts and Guides, where Sivankutty -- who also serves as President of the Associatio ...Read More >
New Delhi: Indian's Shubhanshu Shukla and three other astronauts reached the International Space Station on Thursday as the Dragon spacecraft docked to the orbital laboratory after a 28-hour journey around the earth. The new spacecraft -- fifth in the Dragon series, named Grace -- achieved a soft capture with the space station at 4:01 pm IST over the North Atlantic ocean. This is the first time an Indian astronaut has travelled to the International Space Station. A live videolink from the NASA ...Read More >
MUMBAI: Corporate India showed signs of renewed vigour in 2024-25, with listed private non-financial companies reporting a sales growth of 7.2%, an improvement from the anaemic 4.7% recorded the previous year. Data from Reserve Bank of India, based on financial statements of 3,902 listed non-government non-financial firms, point to a broad-based if uneven recovery-tempered by rising input costs and tightening margins.Manufacturing companies saw sales climb by 6.0%, up from 3.5% the year before. ...Read More >
NEW DELHI: The Axiom-4 crew members, who successfully floated into International Space Station on Thursday, were joined by a fifth member on their mission. It wasn't a human or a pet, but a toy. A toy swan called Joy.But it's not just a toy. It has its roots in traditions of the scientific world. The practice of taking a toy into space to signal the onset of weightlessness started with Yuri Gagarin, the first person in space, and has since evolved into a longstanding tradition in space missions. ...Read More >
New Delhi, Jun 26 (PTI) A new 'crew' member of the Axiom-4 mission - a toy swan named Joy - was seen floating in the Dragon spacecraft as astronauts interacted with the mission control via a videolink on Thursday. Joy is the zero gravity indicator carried by the astronauts of the Axiom-4 mission which was selected because astronaut Shubhanshu Shukla's son Kiash's love for animals. Also Read | Shubhanshu Shukla Creates History, Becomes First Indian To Reach International Space Station As NASA-A ...Read More >
New Delhi, Jun 26 (PTI) A new 'crew' member of the Axiom-4 mission - a toy swan named Joy - was seen floating in the Dragon spacecraft as astronauts interacted with the mission control via a videolink on Thursday. Joy is the zero gravity indicator carried by the astronauts of the Axiom-4 mission which was selected because astronaut Shubhanshu Shukla's son Kiash's love for animals. The tradition of flying a toy to mark the moment gravity gives way to weightlessness began with Yuri Gagarin, the ...Read More >
Oslo [Norway], June 5 (ANI): The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, attended the MoU signing ceremonies in Oslo, as Indian maritime companies inked them with leading global players, exploring opportunities for collaboration and future business. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional 4 numbers of 7,50 ...Read More >
Even in FMCG companies that reported a slowdown in Q2, the premium portion of their portfolios grew in double-digits. With the September quarter earnings season all wrapped up, the picture on the cards is clear, there's a broad-based slowdown in urban consumption across product categories. However, in the eye of the storm, the 'Affluent India' theme remains buoyant, seeing no pressure despite waning demand from the urban population, suggested Arnab Mitra, India Consumer Analyst, Goldman Sachs. ...Read More >
Despite its vast potential, the full capabilities of GST data remain largely unrealised. While aggregate data provides a broad overview of tax performance and health of the Indian economy, disaggregated sector-wise information is crucial for evidence-based policymaking. A closer look at the performance of GST revenue collection raises several questions. First, though the growth of GST revenue collection improved in the last seven years (13 per cent) compared to the pre-GST period 2012-17 (11.8 ...Read More >
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