#economy

No alarms and no surprises last week. Inflation stayed sticky, rural wages saw mild real growth, and merchandise trade remained steady. India’s forex reserves zoomed. US inflation refused to budge lower, while Indonesia is in trouble.

How fast did we grow last quarter? Could be 8.4% or 6.5%, depending on who you ask. Meanwhile, tax collections rise, less affluent Indians save more, and Europe finally reigns in inflation. And more.

The Government of India will present the Interim Budget on 01 February 2024. Why is it an Interim Budget and not an Annual Budget?