BusinessPhoto: News18 BusinessIndia Sees Record Spending and Sales During Festive October
October was a festive month in India marked by record digital payments, strong automobile sales, and a sharp rise in GST collections. UPI transactions hit 25.47 billion worth Rs 31.53 lakh crore, and passenger vehicle sales exceeded five lakh units for the first time. GST collections rose 22.9% year-on-year to Rs 2.31 lakh crore. Government DA hikes and gold price corrections also eased household budgets.
News18 Business·




