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Top headlines: June PMI data, GST collections, World Bank grant and more

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A nationwide lockdown in April, coupled with a crash in export orders, had led to conditions across sectors falling by the biggest margin ever and new businesses collapsing at a record pace

BS Web Team New Delhi

3 min read Last Updated : Jul 01 2020 | 6:35 PM IST

June manufacturing activity shrinks for third month in a row; PMI at 47.2

India’s manufacturing activity again contracted in June as regional lockdown extensions severely held back demand and labour logistic challenges remained, said the monthly IHS Markit India Manufacturing Purchasing Managers’s Index (PMI) survey on Wednesday. Read more here

At Rs 90,917 cr, GST collections fall for third consecutive month in June

The goods and services tax (GST) collections stood at Rs 90,917 crore in June, contracting for the third month in a row year-on-year. However, the rate of decline has come down considerably to just

Topics : Curated Content PMI Manufacturing GST collections World Bank loan Carlyle Group LPG prices

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