Three Union Ministers- Finance, Commerce and IT on Saturday claimed that Income Tax relief & GST reforms have sparked a festive spirit across the nation.

Nearly 85% of the country’s digital payment transactions are conducted through the UPI, RBI Governor Sanjay Malhotra said.

Union Commerce Minister Piyush Goyal said that India is in active talks to finalise FTAs with major economies including the US, EU, and Oman.

The Indian share market ended on a higher note on Friday, driven by gains heavyweights such as HDFC Bank, ICICI Bank, and Reliance Industries.

The Indian stock market indices continued their upward momentum on Thursday, with the Nifty 50 inching closer to its 52-week high.

The IMF on Tuesday has revised upwards India’s GDP growth forecast for the current fiscal by 0.2 percentage points to 6.6%.