LatestGoods & Service Tax (GST) 23 July 2026
Inflation High at 4.4%
RBI data shows inflation at 4.4 percent amid strong credit growth, other high-frequency indicators such as GST e-way bills and digital payments reflect active economic momentum, the value of GST e-way bills and the volume of digital payments are on the rise, indicating a strong economic growth, the RBI data also shows that credit growth is strong, which is a good sign for the economy
The RBI data shows that inflation is at 4.4 percent, which is a significant increase. *Strong credit growth* is also reported, with other high-frequency indicators such as the value of GST e-way bills and the volume of digital payments reflecting active economic momentum. Some key points to note include:
- The value of GST e-way bills is on the rise
- The volume of digital payments is increasing
- Credit growth is strong, which is a good sign for the economy
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