New Delhi, Aug. 3 -- A mix of newly released data on commercial activity shows India's economy looking up. Wholesale car sales for July showed a bounce. Maruti Suzuki, for instance, recorded a 34% jump in unit sales last month from a year earlier, while rival carmaker Hyundai Motor India posted a 25% increase.

Separately, the government reported GST revenue figures, which point to buoyancy in overall consumption. Gross collections in July rose 15.4% from the same month of 2025 to Rs.2.11 trillion, the fastest growth in more than a year.

Corporate earnings for the three months ended on 30 June have been a mixed bag, with cost inflation taking a toll on some businesses. But on the whole, the economy has shown impressive resilience against...