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Published 17 days ago

Indian Economy Thrives, Monsoon Forecast Positive: NCAER Report

Summary by NDTV Profit
The Indian economy has continued to do well in the last two months and forecast of an above-normal monsoon augurs well for the immediate future, economic think tank NCAER said on Monday.In its April 2024 issue of Monthly Economic Review, NCAER said a range of high-frequency indicators reveal the resilience of the domestic economy with the Purchasing Managers' Index (PMI) for manufacturing at a 16-year high and UPI, the leading digital payments s…

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Indian Economy Thrives, Monsoon Forecast Positive: NCAER Report

The Indian economy has continued to do well in the last two months and forecast of an above-normal monsoon augurs well for the immediate future, economic think tank NCAER said on Monday.In its April 2024 issue of Monthly Economic Review, NCAER said a range of high-frequency indicators reveal the resilience of the domestic economy with the Purchasing Managers' Index (PMI) for manufacturing at a 16-year high and UPI, the leading digital payments s…

17 days ago
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