Top Business Headlines: GST Surge, ATF Price Cut, and IPO Flood

The latest business news highlights a 6.5% rise in GST collections, a 6% cut in ATF prices, and an increase in commercial LPG rates. India's manufacturing sector growth has declined, while the Sensex and Nifty fell for the third consecutive day. Additionally, a surge in IPO filings has been witnessed with 13 companies submitting papers in a single day.

In the latest business updates at 2030 hours, GST collections in September recorded a growth of 6.5%, reaching Rs 1.73 lakh crore, as per government data released on Tuesday.

Jet fuel prices were slashed by 6.3% to their lowest level this year, while commercial LPG rates, used in hotels and restaurants, saw an increase of Rs 48.5 per 19-kg cylinder, aligning with international oil price trends.

The manufacturing sector in India witnessed an eight-month low in growth for September, with softer increases in factory production, sales, and new export orders, according to a monthly survey.