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...
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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