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India's exports are facing hurdles from high global interest rates, which is affecting demand for Indian goods. New Delhi has been looking to tap less-explored regions to boost outbound shipments.
According to Chief Economic Adviser V Anantha Nageswaran, it is possible that the Indian economy's underlying momentum and activity is not being measured accurately
Officials were confident the government will meet the fiscal deficit target of 5.9 per cent of GDP for the fiscal amid a slowdown in nominal GDP growth
Domestic urban consumption accelerated to a three-month high in September, boosted by moderating price pressures, a pick-up in Southwest monsoon perfo
"Pressure to carry out OMO sales has definitely come down significantly because liquidity conditions have stayed tight and more significantly it is the fall in core liquidity surplus that has played a prominent role in keeping liquidity conditions tight," said Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership.