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India's economic recovery gathers pace as Omicron looms | Business and Economy News - Vimarsana News

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.

India's economy likely picked up in Sept quarter before Omicron spread - Vimarsana News

India's economy likely picked up in Sept quarter before Omicron spread

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 ...

Economic activity sees sharper revival in Q3 - Vimarsana News

Economic activity sees sharper revival in Q3

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: India staring at drought with 10% below normal rainfall - Vimarsana News

drought: India staring at drought with 10% below normal rainfall

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 - Vimarsana News

Braking monsoon slows sowing: Food price surge looms, but rate hike unlikely

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...