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Friday, August 25, 2023

Q1 GDP numbers should be good, taming inflation key: Sitharaman

Finance minister Nirmala Sitharaman said on Friday that taming inflation is a key priority for sustaining economic growth and asserted that the first quarter GDP numbers, which would be released in a few days, should be good. Addressing the B20 India summit in the national capital, the FM also said that green shoots of private capital expenditure were visible and the Centre’s massive push on capital expenditure was crowding the private sector.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...