Browsing: economy

The Union Budget is scheduled for February, and Prime Minister Narendra Modi will run for a rare third term in the spring of the following year in a general election. Forecasts of robust growth coincide with the central bank’s six rate hikes since 2022.

According to government data, the so-called core consumer price index—which does not include food and energy costs—rose by 0.3% in November after increasing by 0.2% in October. For the second month, it increased by 4% from a year ago.

India continues to have the fastest-growing major economy, with a GDP growth rate of 7.8%, while China’s GDP growth for the April-June quarter was 6.3%.

The Tata group have acquired both the economical airlines and full-service carriers — Air India and Vistara.