Inflation in the food basket slowed down to 3.96% in July from 5.15% in the previous month
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At a time when most fixed income instruments are offering negative real returns, small saving schemes are offering positive real returns
RBI will be evaluating two key questions - what is the outlook on economic (GDP) growth and, what is the outlook on retail inflation
The RBI is scheduled to announce its bi-monthly policy review on August 6 at the end of the three-day meeting held from August 4 to August 6
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The Purchasing Managers’ Index (PMI) by IHS Markit India Manufacturing has witnessed a rise from 48.1 in June to 55.3 in July.
Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for July starting from 1 August 2021
The NCAER observation was supported by the EPFO data that showed Maharashtra and Gujarat accounted for about one-third of all jobs created in May
On the growth front, Subramanian said the FY22 number should be within the ballpark of 10.5% as estimated by the finance ministry earlier