India Inc.’s Investment Slump Persists in FY24’s First Nine Months: Bank of Baroda Analysis India’s economic landscape has been under scrutiny as Bank of Baroda’s recent analysis revealed a persistent investment downturn within the country’s corporate sector during the initial nine months of Fiscal Year 2024. Despite expectations of a recovery from the economic slowdown…
India’s Wholesale Price Index (WPI) Records Seventh Consecutive Month of Deflation in October India’s Wholesale Price Index (WPI) has marked a significant economic trend, registering a seventh consecutive month of deflation in October. The WPI, a key metric gauging inflation at the wholesale level, dipped by 0.17% in October 2023. This decline is primarily attributed…
ADB Lowers FY24 GDP Forecast to 6.3%; India Ratings Raises It to 6.2% The Asian Development Bank (ADB) and India Ratings have released contrasting forecasts for India’s Gross Domestic Product (GDP) growth in the fiscal year 2023-24, offering valuable insights for candidates preparing for various government exams, including civil services like IAS, banking, and police…
