
When the economy was liberalised 30 years ago, the aim was to reduce concentration of economic power among companies and individuals

Indicators such as railway freight revenues, electricity generation, and traffic congestion were down in the week ending July 25.

Overseas, Asian stocks traded lower on Wednesday, with stocks in Hong Kong struggling to recover from a two-day rout.

For 2022-23, IMF expects economic growth of 8.5%, larger than the 6.9% it had projected in April

GDP growth for the year (FY22) is expected to be 8.8-9% with GVA (gross value added) growth of 7.8%.

Exports of gems and jewellery, petroleum and engineering stood at $424.5 million, $923.33 million and $551.4 million, respectively

The downgrade was mainly on account of the impact of the Covid-19 pandemic

The five things are vaccination, healthcare capacity for managing a potential third wave of the pandemic, schooling, jobs and structural inflation

The latest SBI Ecowrap report notes that the decline in June inflation print reveals an across-the-board decline in sequential momentum

Maintaining a rapid pace on vaccination would emerge as the most sustainable stimulus for durable recovery of the Indian economy