Boost for economy! October IIP growth touches 16-month high of 11.7%
India Business News: India's industrial production in October reached a 16-month high of 11.7%, marking a significant improvement from last year's contraction. The manufac
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India Business News: India's industrial production in October reached a 16-month high of 11.7%, marking a significant improvement from last year's contraction. The manufac
Driven primarily by food prices, India's consumer price index (CPI)-based inflation inched up to 5.55% in November 2023 from 4.87% in the previous month.
Onions are the latest food staple facing extensive export restrictions in an effort to control domestic prices ahead of India’s 2024 national election. The
The retail prices of key agricultural produce such as rice, wheat, onion, and sugar have been on an upswing in the last six months. Notwithstanding the government’s efforts, Crisil expects prices to remain elevated due to supply-side issues.
RBI monetary policy meeting announcements: Governor Shaktikanta Das projected GDP growth for 2023-24 at 7 per cent, which is an increase from the previous MPC announcements of 6.5 per cent.