There also seems to be preference towards physical assets. And while there's good news on headline employment numbers, there has been an increase in share of low-productive jobs.
India’s capital market stood out despite global headwinds. Consumption showed uneven growth. Some high frequency indicators point to resilience in urban demand, but rural demand a concern.
This comes when many global agencies have revised upwards their global growth projections for 2024, which could further boost exports. US India’s top export destination, followed by UAE.
For FY25, Bihar's assumption of revenue surplus seems optimistic, while UP's seems doable. In Punjab, main concern is that targeted reduction in fiscal deficit is to come by cutting capex.
Household Consumption Expenditure Survey shows urban-rural gap has narrowed, particularly at lower levels of consumption, implying effectiveness of govt policies in improving rural incomes.
And despite a 0.8% contraction in the agricultural sector, the overall Q3 performance has prompted an upward revision in full-year growth estimates to 7.6% in the 2nd Advance Estimates.
Data in light of Advance GDP Estimates presents mixed picture of sales of passenger vehicles, improvement in indices capturing primary, capital & intermediate goods production.
The domestic economy continues to show resilience as reflected in the robust growth projections for the coming year. However, global challenges could pose headwinds...
The attack on Chhayanaut, newspaper offices, and the public lynching of a Hindu man show that Bangladesh is heading toward Islamist rule, far removed from electoral democracy.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
If Pathaan gave both conservatives and liberals room to hide, Dhurandhar extends no such courtesy. Aditya Dhar ripped open that tent of hypocrisy and turned the knife.
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