High base effect, onset of monsoon among reasons for moderation in overall output growth, say experts. Pulled down by a high base effect despite a strong show from coal and electricity sectors, the country’s eight core industries output growth slid to a 20-month low at 4% in June. This latest reading — seen by some economists […]
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Thanks to lower expenditure and record transfer from RBI. Lower expenditure because of Model Code of Conduct and record transfer from the Reserve Bank of India helped restricting fiscal deficit to low of around 8% of the Budget Estimate during April-June quarter of Fiscal Year 2024-25, data released by the Controller General of Accounts (CGA) showed. The […]
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