Urban consumers are more optimistic about current economic conditions, while those in rural India are more so about expectations of 1-yr ahead income, economic & business environment.
Congress has been criticising BJP govt over rise in joblessness. CMIE MD-CEO says sample size of households is more than twice that of the official survey.
Companies increasingly looking to raise funds from market, while banks focus more on personal loans. Reasons for shift include NPA crisis & higher trust among households, say experts.
CMIE’s consumer sentiments & RBI’s consumer confidence indices show improvement. If initial signs of inflation easing are sustained, consumer confidence will see marked turnaround.
Double-digit growth seems optimistic. Modi govt needs to more than double its expenditure to compensate for the losses and avert GDP decline. It's fanciful at best.
About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.
While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.
Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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