Data in light of Advance GDP Estimates presents mixed picture of sales of passenger vehicles, improvement in indices capturing primary, capital & intermediate goods production.
Data for 2022-23 shows households’ reliance on borrowings has increased not only to finance consumption, but also to purchase or construct property. Vehicle loans also saw an increase.
India's consumer durables industry is anticipating supply issues if Covid situation worsens in China, although it still hopes for strong growth if there's no major disruption.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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