-Livemint.com Over 1.8 million vehicles were sold across India last month, 10 percent higher than December 2019, Vehicle Registration data suggests. This is the first time during the pandemic that Vehicle Registration data has shown a year-on-year increase India’s economic recovery appears to have picked up pace over the past few weeks, led by the largest states of the country. All four high-frequency indicators of economic activity considered in Mint’s monthly state...
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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »Passenger vehicle retail sales grow for the first time since March -Yuthika Bhargava
-The Hindu Total vehicle retail sales continue to be on the decline. Total vehicle retail sales in the country continued to decline year-on-year in September 2020, even as passenger Vehicle Registrations turned positive for the first time since March growing at 9.81% during the month, as per data from the Federation of Automobile Dealers Associations. Total Vehicle Registrations fell to 13.44 lakh units in September 2020, down 10.24% from about 14.98 lakh units...
More »Missing at birth: on sex selective abortion and infanticide
-The Hindu Serious efforts must be made to deter sex selective abortion and infanticide Few things cast a long shadow on human failing as much as sex selection does. To choose on the basis of gender and eliminate new life if the gender is not ‘favourable’ can easily be among humanity’s worst moments. Last week’s case of infanticide in Tamil Nadu’s Usilampatti, historically notorious for its crude methods of killing female babies,...
More »Merchandise exports affected by global slowdown but not export of services
Is it the case that the global economic downturn instead of shrinking domestic demand has affected our economy more? If the aforesaid statement is true, then ideally the trade related data should indicate improvement in our imports and deceleration in the country's exports. However, that is not the case and we get a mixed picture. A press release by the Ministry of Commerce & Industry dated 13th September, 2019 shows...
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