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.
Neither the measure of current sentiments nor of future expectations of consumers has reached near March 2019 levels. Scores still to rise much above pre-Covid crackdown of March 2020.
September saw 85 lakh jobs added, the highest since the Covid shock in March 2020. Inflation has fallen, exports are rising, and 1 billion vaccinations is an important milestone.
The RBI Wednesday released the September 2017 (Q2) round of the consumer confidence survey (CCS). Key takeaways:
The survey reflects deterioration in consumer sentiments...
If Rohini Godbole had a better collaborative environment, no doubt her name would have been in the mix for the JJ Sakurai Prize for Theoretical Particle Physics.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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