Index of Industrial Production data shows production in several sectors lower than 12 yrs ago. This may be true for some sectors, but also implies data collection process needs an update.
RBI, which has been tightening its policy to tame inflation that hit a 5-month high in September, may have to walk a tight rope if activity does not improve in the coming months.
CARE Ratings data show impact of Covid fear on consumption, reduction in discretionary spends, a drop in demand from hotel, tourism & aviation industries led to a production slump.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
COMMENTS