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The BT-C Fore Business Confidence Index is at a five-quarter high. The economy may do better than expected in FY24, but muted global growth is a concern
After slowing for four months in a row, retail inflation accelerated faster than expected to a three-month high of 4.8% in June due to rising food prices from a 25-month low of 4.31% in May, potentially delaying the likelihood of monetary easing.
Economic recovery and anti-evasion activities, particularly against fake billers, were also credited for the higher collections
India's GDP contraction, due to the impact of Covid pandemic, narrowed down to (-) 6.6 per cent in FY21 from an earlier projection of (-) 7.3 per cent on a year-on-year basis, the First Revised Estimates for 2020-21 showed on Monday."Real ...
Oil prices have been on an unabated uptrend for more than a month now. From a low of $69 per barrel, hit on December 1, 2021, Brent crude prices are above $86 per barrel now. This amounts to an approximate jump of 25% in four weeks. Last Friday, crude prices notched a fourth positive week, ...