India s GDP contraction, due to the impact of Covid pandemic, narrowed down to (-) 6.6 per cent in FY21 from an earlier projection of (-) 7.3 per cent on a year-on-year basis, the First Revised Estimates for 2020-21 showed on Monday."Real .
Oil prices have been on an unabated uptrend for more than a month now. From a low of $69 per barrel, hit on December 1, 2021, Brent crude prices are above $86 per barrel now. This amounts to an approximate jump of 25% in four weeks. Last Friday, crude prices notched a fourth positive week, .
Core inflation, which strips out the effects of food and fuel, worryingly rose to 6.21 per cent the highest in five months compared with 6.17 per cent in October
The economy looks set for a sharper rebound in the third quarter of the current fiscal with key high-frequency indicators like e-way bill generation, card transactions, and purchasing managers index (PMI) posting record-high growth in October.