Business in slow lane in key states\, show July economic indicators

NEW DELHI: State-level economic indicators such as goods and service tax (GST) collections and electricity demand show key industrial states such as Gujarat, Maharashtra, Karnataka and Tamil Nadu have seen a slowing of business activity in July from the month before. Only a few states — Rajasthan, Madhya Pradesh, Uttar Pradesh and Uttarakhand —have shown steady recovery from April, when the nationwide lockdown had the biggest economic impact.