Pulled down by a excessive base impact regardless of a robust present from coal and electrical energy sectors, the nation’s eight core industries output progress slid to a 20-month low at 4 per cent in June. This newest studying — seen by some economists as a passable progress —was decrease than the core industries progress … Read more
Forward of the Interim Price range, two excessive frequency financial indicators despatched blended alerts. Whereas GST assortment surged to second all-time excessive of over ₹1.72-lakh crore in January and financial deficit reached 55 per cent of finances estimate in April-December interval, eight core industries’ output progress slumped in December 2023 to a 14-month low of … Read more
Because the 12 months 2023 attracts to a detailed, two key macroeconomic indicators — fiscal deficit and core sector output development—launched on Friday offered a sturdy image of the financial system, an indication that the Centre’s balancing of a capex-led development technique with fiscal consolidation imperatives has paid dividends this 12 months. The fiscal deficit … Read more