With gradual resumption of supply chains, inflation may come down. Data has also been limited by the lockdown, so the MPC should wait before changing rates.
Improved kharif sowing, pick-up in electricity and petrol consumption, and higher freight movement indicate green shoots in the economy, ministry report stated.
The statistics office didn't publish a complete set of data for consumer and wholesale prices, saying it wasn’t able to conduct all the necessary fieldwork.
A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Congress is holding daily press meets to target Modi govt over economic downturn. Rahul Gandhi is likely to go on a tour to address issues related to public.
Finance Minister Nirmala Sitharaman faces difficult choice in Budget 2020 — to provide stable policy regime or make policy changes to arrest the slowdown.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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