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The government is confident that a normal monsoon and further opening up of the economy will ease inflationary pressures
However, the market was expecting the cut-off to be in the range of 6.05-6.08%
Retail sales for the June quarter are expected to grow at about 53% YoY, but revenues will most likely be 37% lesser than what it was a year ago
States can avoid revenue shortfall and add potential Rs 1.77 lakh crore to their revenues, if they implement the reforms well in time
India’s fuel consumption shrunk 9.1% in FY21 due to the mobility restrictions due to the pandemic.
Nirmala Sitharaman called for international cooperation to increase supply of alternative sources of energy and technologies
Construction activities that were suspended in April have resumed in several sectors like road building, repairs and residential projects
Foreign currency assets surged by $748 million to $566.988 billion, as per weekly data by the Reserve Bank of India
The Centre has increasingly depended on petrol and diesel to raise resources for its welfare programmes
India Inc is likely to report a sequential decline of 8-10% in revenue at Rs 7.3 lakh crore for the first quarter of this fiscal.