This has been stated in the latest consolidated monthly account of the Union Government of India, spanning up to October 2023, has been meticulously examined and the reports have been officially unveiled
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Infrastructure output, which comprises eight sectors including coal and electricity, accounts for nearly 40 per cent of industrial production
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Asia's third-largest economy will grow 6.2 per cent in the fiscal year ending in March 2024 and 6.3 per cent next
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India's financial inclusion saw significant progress in FY23, as indicated by the RBI's composite financial inclusion index (FI-Index) rising to 60.1 in March 2023 from 56.4 in March 2022
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Economists polled by Reuters had estimated the wholesale price index for August would fall 0.6 per cent. It fell 1.36 per cent in July
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Food inflation, which accounts for nearly half of the overall basket, was up 9.94 per cent in August compared with a rise of 11.51 per cent in July
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Consumer prices in Asia's third-largest economy rose at the fastest annual rate in the 15 months in July, to 7.44 per cent from 4.87 per cent in June, largely driven by a sharp increase in prices of essential foods commonly used in Indian kitchens
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Small and very small businesses have at last been brought within the ambit of mandatory e-invoicing for GST payments. Has the axe fallen too soon on this growing and vital segment of the economy?
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S&P Global expects the size of the economy to reach USD 6.7 trillion from USD 3.4 trillion in fiscal 2023, which could see per capita GDP rise to about USD 4,500
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International demand also gathered steam, rising significantly in July and was the second-strongest since the series started in September 2014
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