GST, auto sales, UPI data point to resilient growth in August

In August, India's GST collections rose by 14.8%, totaling ₹2 lakh crore. The surge in bulk car sales by 36% indicates robust consumer enthusiasm, while the UPI system hit a record with 24.51 billion processed transactions, pointing to a rise in digital transactions. Additionally, power consumption surged by 12.9%, portraying an ongoing economic recovery following a solid June quarter.