GST collection numbers could boost struggling economy

There is a relief in the midst of the slowdown in the economy. There has been a jump of six per cent in the GST collection in November. GST collection has reached Rs 1.03 lakh crore in November. This has happened three months later when…

Over 7 million Fastags released so far, 330% jump in sales

The central government said on Wednesday that more than 70 lakh fastags have been issued so far. On Tuesday, the highest number of 1,35,583 tags were sold. This is the highest level of sales in a day. The National Electronic Toll Collection (NETC) program was…

Samsung India To Hire 1,200 Engineers

Samsung India has offered some good news during a period of slow economic growth. The company has said that it is preparing to hire more than 1,200 engineers from top institutes like IITs and BITS Pilani this year. The international tech giant is making this…

US economy grew 2.1% in third quarter

The United States economy registered a growth of 2.1% in the third quarter, slightly higher than forecast. But many economists argue that the country is slowing in the current quarter. The Commerce Department said today that the growth rate of gross domestic product, total goods…

British tour operator Thomas Cook officially declares bankruptcy

The British company Thomas Cook officially declares bankruptcy. The oldest tour operator in the world has failed to find the funds necessary for its survival. “Despite considerable efforts, discussions between the various stakeholders of the group and new sources of possible funding have not resulted…