Bulls continued their March on Dalal Street for the second straight session today amid a rally in global markets, fall in daily coronavirus cases below 1 lakh for the fourth consecutive day and early arrival of monsoon in the country. Sensex zoomed 341
Economy recovering faster than expected: RBI ANI | Updated: Dec 24, 2020 15:38 IST
Mumbai (Maharashtra) [India], December 24 (ANI): The Indian economy is recovering faster than expected and may post positive growth in the third quarter of current financial year, the Reserve Bank of India (RBI) said on Thursday in its report on state of the economy. Indian economy is pulling out of COVID-19 s deep abyss and is reflating at a pace that beats most predictions, said the report.
Economic conditions continued to improve through November on the back of the uptick in agriculture and manufacturing activity. Financial conditions embodied in interest rates are perhaps at their easiest in decades.