UP, where Modi was star campaigner, is seen as a test of PM's popularity ahead of 2024 general elections. Win could strengthen his position & allow him space to implement hard-to-sell reforms
WPI inflation has remained in double digits for 8 consecutive months beginning April while retail inflation based on consumer price index rose to 4.91% as food prices went up.
Delhi’s deputy CM released the annual price index report Friday and said that the average annual inflation growth was only 3% in the national as compared to 5% nationally.
According to data released Monday, retail inflation softened to a four-month low of 5.3% in August, from 5.59% in the previous month, led by subdued prices of food articles.
RBI isn’t thinking about normalisation at the moment, and its rate-setting committee has kept rates unchanged at a record low for more than a year to support growth.
According to the Index of Industrial Production data, manufacturing sector output shrank by 1.7%, mining output declined 7.3%, while power generation grew 3.5%
Consumers & companies have been saving cash, and even Modi govt has cut spending. Inflation has surged to 7.6%, so how long can RBI keep interest rates lower?
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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