-Livemint.com Barring sales of second-hand vehicles and new tractors, the auto industry remains badly hit. Vehicles used for transporting goods are among the worst-hit segments Will the Indian economy recover quickly from the June quarter lows? That’s the trillion dollar question facing investors today. One sector that offers vital clues in this regard is the automobile sector. Vehicle sales are among the key lead indicators of consumption and an important source of...

-The Indian Express India GDP Q1 Data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...

-The Indian Express With economic activity severely disrupted in the first two months of this fiscal, hit hard by a series of localised lockdowns and rising Covid-19 cases, GDP contraction for the first quarter is being pegged at an average 20 per cent by economists, with the de-growth range between 15.2 per cent and 25.5 per cent. The April-June Gross Domestic Product (GDP) will mark India’s entry into a recessionary phase —...

-The Indian Express PM Narendra Modi has announced a panel to fight malnutrition in young women and ensure they get married at the right age. A look at how the two are linked During his Independence Day speech, Prime Minister Narendra Modi said: “We have formed a committee to ensure that the daughters are no longer suffering from malnutrition and they are married off at the right age. As soon as the...

-Livemint.com/ howindialives.com The recovery of India’s foreign trade from the pandemic is patchy. But it’s better in exports than in imports On 15 Aug, standing on the Red Fort ramparts, Prime Minister Narendra Modi reiterated his government’s economic vision of self-sufficiency, adding that India would aim to become the supplier to the world. A day earlier, India had reported its latest trade numbers, and for the second successive month, India’s goods exports...