India’s retail inflation declined to 4.85 per cent in March compared to 5.09 per cent in February this year, according to government data released on Friday. The Consumer Price Index (CPI)-based retail inflation was 5.66 per cent in March last year. The National Statistical Office, under the Ministry of Statistics and Programme Implementation, on Friday […]
Indian economy showed a strong performance in the previous quarter with a growth of 8.4 per cent. However, while citing government sources, Tracxn in its latest report has said that this number is expected to decline to 5.9 per cent in Q1FY2024. According to the International Monetary Fund (IMF) report, India is expected to become […]
Chief Economic Advisor (CEA) V Anantha Nageswaran expressed optimism about the economy’s improved capital formation, bolstered by various government initiatives, leading to a surge in job opportunities in the current decade compared to the previous one. Addressing an event, Nageswaran remarked that the downturn in fixed investment and credit expansion moderation, which had hampered economic […]
The Indian passenger vehicle segment achieved its highest-ever sales in November 2023, reaching 3.34 lakh units. This figure reflects a 3.7 per cent year-on-year growth compared to November 2022 when sales were at 3.22 lakh units. The data, released by the Society of Indian Automobile Manufacturers (SIAM), indicates a positive trend in the automotive industry. […]
