According to figures from the International Monetary Fund (IMF), India passed the United Kingdom (UK) to become the fifth-largest economy in the world in the last quarter of 2021.
Goods and services tax (GST) collections retained their momentum, rising 28% year-on-year to around Rs 1,43,612 crore in August, the sixth straight month of over Rs 1.4 lakh crore mop-up.