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Top headlines: Oct GST collection second highest ever; auto sales skid

Maruti Suzuki and Hyundai report a double-digit drop in sales in October as auto firms struggle to get computer chips for their vehicles. More in our top headlines.

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BS Web Team
India collected Rs 1.30 trillion as GST in October: the fourth month straight that revenue was more than a trillion rupees and prompting the government to say economic recovery is stable. More on that story in our top headlines.

GST collection in October up 24% at Rs 1.3 trillion, second highest ever

Goods and services tax (GST) collected in October rose to Rs 1.3 trillion, which is 24 per cent higher than in the same period a year ago, and 36 per cent more than the collection in the pre-Covid year of 2019-20.

This is the second highest