
Pulse of the Public
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India's real GDP grew by 7.8% in the first quarter of FY 2026–27, outperforming RBI projections despite global economic uncertainty. The expansion was propelled by robust growth in the manufacturing and services sectors alongside strong capital investment.
India’s gross Goods and Services Tax revenue grew 14.8% year-on-year in August 2026 to reach ₹1.99 lakh crore, supported by strong import and domestic tax revenues. Net GST collection after accounting for refunds stood at ₹1.68 lakh crore, marking an 8.3% increase.
The Indian Navy commissioned INS Nipun, its second indigenously built Diving Support Vessel of the Nistar class, at the Naval Dockyard in Mumbai. Built by Hindustan Shipyard Limited, the vessel significantly enhances India's deep-sea diving, underwater intervention, and submarine rescue capabilities.
India experienced its warmest August in 125 years, driven by record-high nighttime minimum temperatures, according to the India Meteorological Department. The weather agency also warned that nationwide monsoon rainfall in September is likely to remain below normal due to strengthening El Niño conditions.