After a dip in FY21 due to Covid-19-induced lockdowns, per capita GDP increased again in FY22 as economic activity picked up pace. Per capita consumption expenditure, a key indicator of household spending, also contracted in FY21, before regaining momentum in FY22. However, the government needs to boost consumption to accelerate further growth.
The manufacturing sector saw a slight slowdown to 60.2 in November from 60.4 in October.
Capital spending by the government was lower by 15.4 % in April-September 2024 after increasing by 43.1% in April-September 2023
Mahanagar Gas shares rose 4% in intraday trade on the NSE on Friday, after the city gas distributor announced a ₹2 per kg price hike for compressed natural gas in Mumbai and nearby areas.
The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.
The manufacturing sector saw a slight slowdown to 60.2 in November from 60.4 in October.
Capital spending by the government was lower by 15.4 % in April-September 2024 after increasing by 43.1% in April-September 2023
Mahanagar Gas shares rose 4% in intraday trade on the NSE on Friday, after the city gas distributor announced a ₹2 per kg price hike for compressed natural gas in Mumbai and nearby areas.
The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.
