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The last few days have shown just what a roller coaster of a ride India’s economic data can take. Last Friday’s robust Q2 GDP growth, a six-quarter high of 8.2%, lifted the government’s mood and brought cheer to its supporters. The relatively low nominal growth rate and grade by the IMF did little to dampen…
Read More “Speedbreakers ahead: On India’s economic data” »
Photo used for illustration purpose only. | Photo Credit: K.R. Deepak With merchandise exports shrinking 15.1% in the first quarter of this year, after racking up a record $450 billion in 2022-23, the government is playing it safe on announcing a clear target for outbound shipments this year and is likely to opt for a…
Read More “As exports shrink amid global uncertainty, no clear target for 2023-24” »