economic revival

Finmin report: ‘Recovery to gain more traction in H2’

Currency in circulation also dropped in November “to reflect an uptick in consumer sentiment”. Buoyancy in the external sector continued well into November, with broad-based growth in merchandise exports, despite rising container shipping cost. India’s real gross domestic product (GDP), which grew 8.4% in the September quarter and even exceeded the pre-pandemic output level, will …

Finmin report: ‘Recovery to gain more traction in H2’ Read More »

RBI’s MPC meet: With all eyes on Omicron’s impact, status quo likely on key rates for now

However, the new Omicron variant has caught everyone unawares and the scare of the new variant looms large. We are as yet unclear about Omicron’s intensity, but it definitely could push back the return to normalcy if its spread intensifies in the next few weeks. By Shanti Ekambaram A revival in the consumption cycle after …

RBI’s MPC meet: With all eyes on Omicron’s impact, status quo likely on key rates for now Read More »