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India’s gross Goods and Services Tax (GST) collections stood at ₹1.94 lakh crore in May, marking a decline from the record-high collections reported in April. The latest figures indicate a year-on-year growth of 3.2 percent, reflecting a moderation in revenue expansion compared to previous months. The slowdown comes after April witnessed exceptionally strong GST collections, driven by year-end business transactions, tax settlements, and robust economic activity. While May’s revenue remains among the higher monthly GST collections recorded so far, the lower growth rate suggests a cooling in consumption and business momentum. Government data showed that revenues from domestic transactions and…

Organic India has marked World Digestive Health Day by highlighting its range of certified organic herbal products designed to support digestive wellness and overall gut health. The company said its products are sourced directly from more than 2,000 organic farmers and undergo over 600 quality checks. According to Organic India, all herbs are grown in chemical- and pesticide-free soil and formulated using whole herbs to preserve the complete spectrum of natural plant actives and nutrients. Among the products promoted for digestive health is Triphala, available in powder and capsule forms. Made from Amalaki, Bibhitaki and Haritaki, the traditional formulation is…

Team India delivered an impressive performance at the Taipei Capital Cup 2026, securing two silver medals and three merit awards at the international skilling competition held in Taipei, Taiwan, from May 26 to 28. Competing against skilled professionals from 15 countries across Europe, Asia, the Americas and Oceania, the Indian contingent showcased excellence across emerging and industry-driven skill categories, further strengthening India's position as a global skills hub. Among the medal winners, Ms. Muskan won a silver medal in Painting and Decorating, while Mr. Arjun Sumathi Vijayabashkar secured a silver medal in Mobile Applications Development. Merit awards were earned by…

ArcelorMittal Nippon Steel India (AM/NS India) has secured the first-ever approval of a Strategic Investment Plan (SIP) under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, with the National Steering Committee clearing its proposal for the Visakhapatnam ITI Cluster in Andhra Pradesh. The approval was granted during the third meeting of the National Steering Committee convened by the Ministry of Skill Development and Entrepreneurship (MSDE) at Kaushal Bhawan in New Delhi. With the clearance, Andhra Pradesh has become the first state to operationalise an industry partnership under the PM-SETU scheme and onboard an Anchor Industry Partner.…

LGT Global Hospitality Limited has reported a strong financial performance for FY26, recording a 34.9 per cent year-on-year increase in revenue, driven by robust demand across corporate travel, MICE (Meetings, Incentives, Conferences and Exhibitions), hospitality services, and leisure travel segments. The company said growth during the year was supported by increasing traction in corporate travel management, inbound and outbound tourism, destination management, exhibitions, trade fairs, customized holidays, destination weddings, and experiential travel offerings. Strategic collaborations and acquisitions, including Yaja, Travflix and Holiday One, further strengthened its business ecosystem, customer engagement capabilities and market reach. As part of its expansion strategy,…

Mahindra & Mahindra has clocked an impressive 20 per cent year-on-year growth for May 2026, with total vehicle sales hitting 99,636 units, including exports. The stellar performance highlights sustained demand across both the automotive and agricultural sectors, cementing M&M’s strong market momentum. The utility vehicle segment remained a major growth engine. Mahindra recorded domestic SUV sales of 58,021 units, marking an 11 per cent increase from the previous year. Total utility vehicle sales, factoring in exports, reached 59,573 units. Commenting on the performance, Nalinikanth Gollagunta, CEO of M&M’s Automotive Division, noted that while portfolio demand remains robust, overall production faced…

Narayana RN Tagore Hospital, Kolkata, has launched comprehensive Cardiac Electrophysiology (EP) services at Maxwell Hospital & Research Centre in Siliguri, bringing advanced diagnosis and treatment for cardiac rhythm disorders closer to patients in North Bengal, Sikkim and neighbouring regions. The initiative extends the hospital’s decade-long expertise in cardiac electrophysiology from its Mukundapur facility in Kolkata and aims to improve access to specialised care for patients suffering from irregular heart rhythms. The new unit will offer fast-track diagnosis, risk stratification and early intervention under the guidance of super-specialist cardiac electrophysiologists. The facility is equipped to diagnose and treat a range of…