Despite strong gold demand in March, the market saw an unexpected downturn as jewellers stocked up for the Indian wedding season.
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The breakdown of inflation rates for rural and urban areas reveals that while rural inflation was recorded at 5.43 per cent, urban inflation stood at 4.11 per cent for April 2024
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In the next seven to eight years, the upper and lower middle class are likely to constitute about 70 per cent of the total population, indicating a further decrease in inequality
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On inflation, it said the government's efforts in managing retail inflation in 2023-2024 have been highly successful.
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