Experts believe that the record-high GST collections for April can be connected to various demands arising from hotter summers as more Indians purchased air conditioners and executed that long-pending trip to cooler destinations.
April saw wholesale and consumer prices accelerate at their fastest in years, prompting the central bank to hike interest rates at an unscheduled policy meet
The rural economy has struggled to recover from last year's wave of delta infections that killed tens of thousands, infected millions and burnt through the savings of millions without health insurance.