Growth in India’s core sector rebounded in September with significant contributions from cement and electricity. The sector grew by 2%, recovering from August’s 1.6% contraction. Cement production hit a six-month high. Data also indicated a narrowed fiscal deficit supported by robust tax revenues and RBI’s dividend payment.
In the April-June quarter, India’s GDP growth slowed to 6.7%, the lowest in five quarters. The farm and services sectors remained sluggish, while manufacturing and […]
To enhance transparency and investor protection, India’s market regulator, SEBI, is proposing to broaden the definition of Unpublished Price Sensitive Information (UPSI). This includes events […]
