Power generation, traffic congestion decline in the latest week
The PHDCCI Economy GPS Index for October 2021 increased to 131 as compared with 113.1 in the previous month
The key indices are expected to be driven by recovery and healthy corporate earnings
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Traffic congestion has also increased for major cities in the latest week
The gathering limits on political rallies or social events such as exhibitions or weddings was raised to a maximum of 499 people if all the participants are fully vaccinated.
Operating margin comes under pressure for India Inc
Intentions to buy consumer products through Nykaa and Croma picked up pace
You may have heard that India's recovery after the coronavirus pandemic is likely to be a K-shaped one instead of a V. Let's understood how these shapes of recovery are different from one another
Industry chamber PHDCCI on Sunday said it expects strong GDP growth in the coming quarters with the economic recovery gaining momentum.
There is still uncertainty around domestic demand, capital expenditure by state governments, non-performing assets of the banking sector, and supply-side constraints
India needs to do more to tap global markets
Earlier this month, RBI monetary policy committee kept interest rates steady at record lows and reiterated the need to unwind pandemic-era stimulus only gradually
Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May.
Says gradual cut in monetary support will foster orderly market transition
Employment conditions and consumer sentiments have also improved dramatically, suggests CMIE data
"Oil prices are likely to continue climbing in the short term," said Commerzbank analyst Carsten Fritsch
Sustained and robust growth in agriculture, sharp rebound in manufacturing and industry, resumption of services activity and buoyant revenues suggest that the economy is progressing well: Report
Coronavirus live updates: Indians asked to watch their 'October, November, December' and put on facemasks on trains.
The prospects for the middle class in India are dwindling