Yubi Daily Wrap

News update

GST collection for December rang up over INR 1.49tn – a surge of 15% YoY mainly driven by increase in retail prices of consumption items, high inflation and action taken to ensure compliance.

Governments and companies kicked off new roads, factories and other new projects worth INR 6.1tn in the December quarter. This is a 44.3% increase compared to the previous year, shows data from project tracker Centre for Monitoring Indian Economy (CMIE).

January 2, 2023

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