Manufacturing gross value added (GVA) stood at Rs 5.91 lakh crore in the third quarter of FY22, lower than Rs. 6.24 lakh crore in the second quarter (July-September) of FY22.
The protracted delay in implementing the new labour laws is having an impact on the pace of the industrial recovery
Jitendra Sriram believes the inventory levels in housing market continue to remain high and therefore, it is too early to play realty as a setoral theme.