Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Government keeping eye on inflation: Nirmala Sitharaman in Rajya Sabha

Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Winter Session of the Parliament, in New Delhi, on December 21, 2022. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on December 21 said the government is keeping an eye on inflation which is purely “extraneous” nowadays because of the fuel and fertilizer prices. […]

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Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Finance Minister Nirmala Sitharaman sees capital spending fuelling growth

Nirmala Sitharaman | Photo Credit: PTI India plans to sustain its high growth rate through more government capital spending but will also focus on health and education next year, Finance Minister Nirmala Sitharaman told  the Reuters NEXT conference on Wednesday. Ms. Sitharaman was speaking amid consultations for the next Budget, which is expected to be […]

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Monthly economic review | India’s growth to be sustained by consumer spending rebound

Monthly economic review | India’s growth to be sustained by consumer spending rebound

Private consumption rates had helped private-sector capital expenditure reach one of its highest levels in the last decade, said the report Private consumption rates had helped private-sector capital expenditure reach one of its highest levels in the last decade, said the report A sharp rebound in consumer spending and rising employment will sustain economic growth […]

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Wholesale price inflation slips below 14% for the first time since February

Wholesale price inflation slips below 14% for the first time since February

Wholesale Price Inflation moderated to a five-month low of 13.93% in July from 15.18% in June, driven by a lower pace of price rise for primary products, food items, and manufactured products, even though fuel and power inflation resurged from 40.38% in June to 43.75% in July. This is the 16th month in a row […]

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