The Indian economy ended a technical recession expanding 0.4 percent in the December quarter. The economy grew after two consecutive quarters of contraction though the pace of expansion trailed some Street estimates. The National Statistical Office (NSO) now projects the economy to contract 8 percent in the current fiscal year, higher than its earlier projection of a 7.7 percent reduction. While the forecast signals a weaker-than-expected recovery, more data points will emerge from Monday. Primary among them are automobile sales which are broadly expected to keep...
Moneycontrol Pro Panorama | Banking fragility and the heavy hand of the State
Mar 24, 2023 / 02:00 PM IST
In today’s edition of Moneycontrol Pro Panorama: Fed's pause a clue to investors, layoffs a sign of structural slowdown in busin...Read Now
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