The brokerage sees growth accelerating further to 9.8% in FY23
They have plans to spend on luxury such as personal care, apparel, vehicles, leisure trips, and air travel
All-India average prices have gone up by 7-8% to Rs 384-386 per 50 kg in October
During the month under review, the crude petroleum inflation was 80.57% as against 71.86% in September
The economy is expected to recover sharply from manufacturing, services, GST, card payments, CVs, jewellery, electronics and sales of retail products.
By end-October, 21 states have utilised MGNREGA funds allotted to them. It would mean unless further allocations are made, payments may come to a halt
Since the note-ban, many measures since the note-ban in November 2016 have accelerated digitisation of the economy
Pandemic time was an opportunity for car markers to recalibrate their cost structure. Work from home saved money as did lower interest costs.
Experts believe that with a sharp one way rally so far, the markets are due to correct
Challenges remain and they will require some out-of-the-box ideas to propel growth rates.