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The Indian economy is looking up—look at last month’s consumption indicators

Published 3 Aug 2026

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From automobile sales to GST collections, July’s numbers spell good news on the growth front for India. While we may have escaped the worst feared effects of the war in West Asia, price stability remains a concern.

Separately, the government reported GST revenue figures, which point to buoyancy in overall consumption. Gross collections in July rose 15.4% from the same month of 2025 to ₹2.11 trillion, the fastest growth in more than a year. Corporate earnings fo... [1564 chars]

Source: Livemint

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