Rural inflation for August stood at 4.16%, while urban inflation was lower at 3.14%. Both figures represent a marginal increase compared to July’s rates. Additionally, India’s Index of Industrial Production (IIP) grew by 4.8% in July 2024, marginally up from … Read More
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Mixed growth signals, India’s FY25 GDP may slow to 6.7%: Nomura
Nomura is forecasting India’s GDP growth to slow to 6.7% in FY25, below the RBI’s 7.2% prediction. The report cited mixed growth signals, with positives in government spending and rural demand but negatives in consumer discretionary, industrial, and external demand. … Read More
Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report
The employment outlook in India is the strongest worldwide for the October-December period (Q4 2024), showing significant improvement of 7 per cent compared to the ongoing July-September quarter (Q3), a report showed on Tuesday.