The rupee weakened 0.95 per cent against the dollar in February
Revenue expenditure was Rs 23.68 trillion, or 74.7% of RE compared with 71.6%
Crude oil production contracted 2.4 per cent in January, the pace which is the highest in six months
The 8.9 per cent GDP growth in FY22 (9.2 per cent prelim estimates) partly also captures past revisions
The NSO also released the GDP data for October-December (Q3) of FY22
Full-year forecast revised lower to 8.9%
With some tweaking and good implementation, we can find a safe passage despite global turbulence
Estimate of GDP growth for current year lowered
Report says India will face extreme weathers, water scarcity, health hazards, threat to food security
Electricity generation rises, more passengers on flights
In the current fiscal, GDP growth stood at 20.3% in April-June quarter and 8.5% in July-September period
While an adverse base was expected to flatten growth in the quarter from 8.5% in Q2FY22, NSO's initial estimates are sorely below our expectation of a 6.2% YoY expansion in that quarter
Union Finance Minister Nirmala Sitharaman on Monday said the government is worried about the impact of war between Russia and Ukraine on India's exim trade.
The share of consumption and government expenditure has come down in FY22, which is reflective of the economy not yet being fully back on track
In actual terms, the deficit was Rs 9.37 trillion at end-January 2022 against upwardly revised annual estimate of Rs 15.91 trn
Production of eight infrastructure sectors expanded by 3.7 per cent in January against 1.3 per cent in the same month last year on better show by coal, natural gas and cement industries
Retail inflation for industrial workers rose to 5.84 per cent in January over the same month a year ago mainly due to higher prices of certain food items, the labour ministry said
India Ratings said that according to the revised estimates, the GDP growth in FY20 now stands at 3.7 per cent compared to 4 per cent earlier.
India is more worried about the impact caused by the standoff between Ukraine and Russia, particularly on its exports, Finance Minister Nirmala Sitharaman said on Monday.
India's monthly exports to these countries amount to around $1.4 billion and imports of around $1.6 billion