India's economic recovery gathers pace as Omicron looms | Business and Economy News
India’s GDP is expected to strengthen in the July-September quarter, helped by an uptick in consumer spending.
Stay updated with breaking news from Quanteco Research. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India’s GDP is expected to strengthen in the July-September quarter, helped by an uptick in consumer spending.
By Manoj Kumar NEW DELHI (Reuters) - Data was expected to show that India's economic recovery strengthened in the July-September quarter, helped by a ...
The economy looks set for a sharper rebound in the third quarter of the current fiscal with key high-frequency indicators like e-way bill generation, card transactions, and purchasing managers index (PMI) posting record-high growth in October.
Drought conditions are on the horizon as total monsoon rainfall since the season began on June 1 is 10% below normal, according to data from the weather office.
Braking monsoon slows sowing: Food price surge looms, but rate hike unlikely SECTIONS Share Synopsis Several state governments have reportedly urged farmers to delay sowing of the kharif, or summer-sown, crop this season, with total cropped area shrinking to 20.3 million hectares by June 25, from 25.9 million hectares in the same period last year. Agencies “The government seems to have learnt the art of managing it, possibly increasing imports through its record high forex reserves,” said Balasubramanian of Aditya Birla MF. The slowing monsoon and pace of crop sowing could cause food pric...