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Economy

Goods and services tax (GST)

♦ India’s goods and services tax (GST) collections in October 2025 rose 4.6% to Rs.1,95,936 crore, compared with Rs.1,87,346 crore in September.

♦ This is the fifth highest monthly collection since the tax regime’s 2017 launch. 

♦ The gross domestic revenue in October 2025 grew 2.0 percent to Rs.1.45 lakh crore, while tax from imports rose 12.84 percent to Rs.50,884 crore.

♦ GST refunds were up by 39.6 percent year-on-year to Rs.26,934 crore. 

♦ The Central GST collection in October stood at 36 thousand 547 crore rupees and State GST is at 45 thousand 134 crore rupees.

♦ The Integrated IGST collected amounts to one lakh six thousand 443 crore rupees and cess is at 7 thousand 812 crores.

Posted Date: November 1, 2025

Economy

HAL signs deal with GE

♦ Hindustan Aeronautics Limited (HAL) on 7 November 2025 inked a deal with US-based General Electric (GE) for the supply of 113 F404-GE-IN20 jet engines to power the Light Combat Aircraft (LCA) Tejas Mark-1A.  

♦ Engine deliveries are scheduled to take place between 2027 and 2032.

♦ The size of the deal is learnt to be close to USD 1 billion (approximately Rs 8,870 crore).

Posted Date: November 7, 2025

SBI enters the $100 billion club

♦ State Bank of India (SBI) has become the sixth Indian company to enter the coveted USD 100 billion market-cap club.

♦ On 6 November 2025, SBI shares rose as much as 1.47% to a fresh all-time high of Rs.971.15 apiece on the BSE, taking its market cap to Rs.8.96 lakh crore (over $100 billion).

♦ The list is topped by Reliance Industries ($228.7 billion), followed by HDFC Bank ($183.6 billion), Bharti Airtel ($140.3 billion), Tata Consultancy Services ($124.8 billion), and ICICI Bank ($108.5 billion).

Posted Date: November 6, 2025

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