India recorded its highest-ever GST collections at Rs 2.43 lakh crore in April, registering an 8.7 pc year-on-year rise. The growth was supported by a strong 25.8 pc surge in import-related tax revenues and steady domestic collections, indicating resilient economic activity

India’s FY27 growth outlook (7–7.4 pc) is under pressure from the West Asia conflict, which may drive inflation, raise costs and slow demand, though domestic fundamentals remain supportive