Author: Kanhaiya Suthar

India’s Goods and Services Tax collections hit ₹1,94,812 crore in June 2026, up almost 14% from ₹1,71,105 crore in June 2025. The Finance Ministry shared this provisional data and pointed out that most of the boost came from GST revenues on imports, while growth from domestic GST remained steady but less dramatic. After refunds, net GST collection stood at ₹1,62,377 crore—up 11.2% from last year’s ₹1,45,984 crore. Refund payouts themselves jumped 29.1%, reaching ₹32,436 crore in June. Import-related GST revenue shot up by nearly 35% year-on-year, hitting ₹60,038 crore. In comparison, GST collected within India went up by 6.5%, climbing…

India and Japan just took their partnership to a whole new level. After meeting in New Delhi, Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi didn’t just shake hands and pose for photos—they agreed to step up cooperation in artificial intelligence, metals, energy, and defense. This isn’t your usual diplomatic wallpaper. It marks a real shift in Asia, where economic strength, technology, and security are all tangled together now. With a joint plan for economic security on the table, India and Japan are clearly saying their relationship is about more than trade deals or building infrastructure. They’re serious…

India’s electric car market hit a new high in June 2026. For the first time, monthly sales jumped past the 30,000 mark, 31,253 units, to be exact. That’s double what it was in June last year, and up 12% from May, according to Vahan figures shared by Autocar India. Clearly, the electric vehicle wave is picking up real speed. Tata Motors stayed at the top, clocking 12,023 EV registrations in June. That’s their second month in a row topping 10,000, and a huge 125% jump over last year. The company’s established line-up keeps finding buyers. Mahindra & Mahindra grabbed a…

Sony just announced that starting in 2028, it’s done making physical game discs for new PlayStation releases. Basically, they’re leaning all-in on digital downloads and streaming, since that’s where most gamers have been headed anyway. Here’s what they said: Sony will stop producing discs for any new PlayStation game beginning in 2028, citing how people’s habits have changed and how digital storefronts and cloud gaming have taken center stage. If you’re someone who likes to collect game discs, you’re not out of luck immediately—old disc-based games will still be around while supplies last, and you might still spot some special…

India deserves real credit for dodging fuel shortages and mass rationing after the Strait of Hormuz shut down in March. The government, Chief Economic Adviser V. Anantha Nageswaran, and state-run oil companies moved quickly, chopping excise duties, dipping into emergency fuel reserves, and quietly eating losses so that fuel and LPG prices wouldn’t spike. That “pandemic playbook” gave the country some breathing room and helped dodge big social and political headaches right then. But honestly, that grace period is running out. These were emergency measures, not long-term fixes. State oil marketing companies swallowed huge losses every day, up to Rs…

Anthropic is bringing back Claude Fable 5, its creativity-focused language model, after the U.S. adjusted export control rules that had forced the company to limit where it could offer the model. Now, users and partners outside the U.S. can access Fable 5 again—a shift from the restrictions Anthropic set earlier this year. Claude Fable 5 is part of Anthropic’s Fable lineup, which is built for storytelling, creative writing, role-play, and other imaginative use cases. Compared to Anthropic’s main Claude models, Fable 5 feels lighter and leans more into playful, rich narrative output rather than aiming for hard facts or technical…

IndiGo just rolled out a new budget ticket called IndiGo Lite, and it’s designed for people who travel with only cabin baggage. Basically, if you don’t need to check a bag and you’re looking to save some cash, this one’s for you. This new option is even cheaper than IndiGo’s regular economy fares, giving people a no-frills way to book a flight—perfect if you’re headed out for a quick trip and don’t want to pay for things you won’t use. With IndiGo Lite, you get to bring 7 kg of cabin baggage and you’ll still get a seat assignment, but…

This week, the next phase of the India Semiconductor Mission got the green light from a key finance committee, with a proposal on the table for ₹1.25 lakh crore. That’s not a small sum. The new plan isn’t just about making chips—it’s about building a whole ecosystem, from design and packaging to equipment, materials, and even intellectual property. And while India’s getting serious at home, other countries aren’t standing still either. Canada and Germany just shook hands on a new agreement to work more closely on chip policy and supply chains. Unlike the first phase, which mainly dished out incentives…

Uber just rolled out two new safety features for riders and drivers in India, hoping to make every trip feel a little more secure. First up, there’s a new ambulance support tool. If a medical emergency pops up during a ride, the app lets you call for an ambulance right away. It clearly explains what to do and automatically shares your trip location with emergency services, so they don’t waste any time finding you. In stressful moments—like when someone falls sick or gets hurt in the car—this tool walks you through what to do and helps get help to the…

A sluggish monsoon threw India straight into trouble this June. After weeks of stalling, the rains finally came—but way too late and not nearly enough. IMD data for June 2026 shows the country picked up only 99.5 mm of rain, a big drop from the usual 165.3 mm. That’s a nearly 40% deficit—the worst June since 2014 and the fifth driest in more than a century. The monsoon hit Kerala on June 4, already behind schedule, and then just… fizzled out. For two weeks, it barely moved, leaving big farming states in the lurch. Croplands soaked in heat, with rainfall…