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Indian manufacturers increased production in September as they prepared for improved demand and stock replenishment
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The revenues for the month of September 2021 are 23% higher than the GST revenues in the same month last year.
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Higher gas prices would put more pressure on user industries at a time when the economy is still reeling from the second wave of deadly Covid-19.
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The percentage of households who would be shopping during the upcoming festive season constituted 60% of the survey respondents.
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Petrol Prices today (1 October 2021): In Delhi, a litre of petrol is available for Rs 101.89 and diesel is being retailed at Rs 90.17
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In the first quarter of FY22, the current account balance posted a $6.5 billion as surplus, against a $19.1 billion surplus in the year ago quarter
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In August 2021 on a yearly basis, cement sector output grew by 36.3%, while steel increased by 5.1%
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The sudden surge comes on the back of international oil prices touching a three year high, with Brent trading at $78.64 per barrel
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The government estimates a deficit of 6.8% of GDP, or Rs 15,06,812 crore, in the current fiscal year.
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Experts have also pointed out the inflationary effects of higher power cost in China and Europe