Business confidence in India subdued in June amid intense competition, high fuel prices: Survey
6 years, 5 months ago

Business confidence in India subdued in June amid intense competition, high fuel prices: Survey

Firstpost  

As per the IHS Markit Business Outlook survey, just 20 percent of Indian businesses expect growth in output over the next 12 months, unchanged from February New Delhi: The Indian business sentiment regarding future activity remained subdued in June amid intense competition, high fuel prices and strong cost pressures, says a survey. As per the IHS Markit Business Outlook survey, just 20 percent of Indian businesses expect growth in output over the next 12 months, unchanged from February. The threats to the 12-month outlook are centred on uncertainty surrounding policy decisions, intense competition, high fuel prices and strong cost pressures, the survey noted. “Latest survey data highlights that business confidence regarding future activity in India remains unchanged from February and is slightly weaker than the average for BRIC nations,” said Aashna Dodhia, Economist at IHS Markit.

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History of this topic

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
4 days, 10 hours ago

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes

Live Mint  

The first advance estimates released on Tuesday forecast India's growth at 6.4%, the slowest in four years. Services dominance India’s services exports surpassed goods exports, reaching $35.7 billion—about $3 billion more than goods--in November 2024, preliminary data showed. India’s share in global services exports has steadily grown, reaching 4.2% by 2023, while its share in goods exports has remained flat …

India's manufacturing activity grew at its weakest pace in 2024
1 week, 5 days ago

India's manufacturing activity grew at its weakest pace in 2024

Deccan Chronicle  

New Delhi: Despite easing cost pressures and strong job growth, India's manufacturing activity grew at its weakest pace for the year 2024, falling to a 12-month low in December this year as new business orders and production expanded at softer rates. “The ongoing improvements in new work intakes prompted manufacturing companies in India to purchase additional inputs for use in …

India’s factory output at 12-month low, December second month of declining activity in a row
Trending News
1 week, 6 days ago

India’s factory output at 12-month low, December second month of declining activity in a row

Firstpost  

India’s Manufacturing Purchasing Managers’ Index fell to 56.4, down from 56.5 in November. Source: Reuters India’s manufacturing activity logged its weakest growth of 2024 in December with the Manufacturing Purchasing Managers’ Index, or PMI, declining to a 12-month low of 56.4, down from 56.5 in November. The HSBC India Manufacturing Purchasing Managers’ Index averaged over 57.5 in 2024, compared with …

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra
2 weeks, 1 day ago

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra

Live Mint  

Prospects for the Indian economy are expected to improve in 2025 thanks to high consumer and business confidence, Reserve Bank of India governor Sanjay Malhotra said in his foreword to the Financial Stability Report, which pegged the real GDP growth for the current fiscal year at 6.6%. In the bi-annual report released on Monday, Malhotra said that despite global uncertainties, …

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
4 weeks, 2 days ago

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows

The Hindu  

India's private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the economy end 2024 on a positive note underpinned by sturdier demand in services and manufacturing and record jobs growth. Asia's third-largest economy grew a softer 5.4% last quarter, but easing inflation is expected to spur demand among private sector firms, …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

PMI: Consumption fatigue hits manufacturers
1 month, 1 week ago

PMI: Consumption fatigue hits manufacturers

Live Mint  

Manufacturing activity has slowed amid worries that India’s consumption story is fizzling out. India Inc’s Q2FY25 results also mirrored this pain, with corporates pointing out stress in urban consumption due to weak real incomes and rural demand yet to recover. The Q2 manufacturing weakness is unlikely to reverse fully in H2FY25 amid increased global uncertainty, said a Standard Chartered Global …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
1 month, 2 weeks ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

India’s GDP growth likely moderated to 6.5% in Q2, says Icra
Trending News
1 month, 3 weeks ago

India’s GDP growth likely moderated to 6.5% in Q2, says Icra

Live Mint  

New Delhi: India’s GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY2025 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra. While government capital expenditure and healthy kharif sowing provided a lift, their impact was offset by disruptions caused by …

Moody's says Indian economy in sweet spot, forecasts 7.2 pc growth in 2024
2 months ago

Moody's says Indian economy in sweet spot, forecasts 7.2 pc growth in 2024

Deccan Chronicle  

New Delhi: Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. On India, Moody's said the real GDP expanded 6.7 per cent year-over-year in the second quarter of 2024, driven by …

India third most improving market in business climate, says IU
2 months ago

India third most improving market in business climate, says IU

Live Mint  

New Delhi: India is the third most improving country when it comes to the business environment, marked by strides in foreign direct investment policy, foreign trade, exchange controls and the tax regime, The Economist Intelligence Unit said in its 2024 rankings. The research and analysis division of the Economist Group said in its latest ranking of countries by their business …

At 6.7%, India Leads Global Economic Growth: A Look at Country-Wise GDP Performance
4 months, 2 weeks ago

At 6.7%, India Leads Global Economic Growth: A Look at Country-Wise GDP Performance

News 18  

India has posted a GDP growth rate of 6.7 per cent for the first quarter ended June 2024. He added that extreme weather-related issues impacted the agricultural sector dragging the overall GDP growth to 6.7 per cent in the first quarter of 2024-25. India’s Q1 GDP Growth: What Experts Say “Expectedly, GDP growth in Q1FY25 at 6.7 per cent is …

​Election overhang: The Hindu Editorial on economic activity
5 months, 1 week ago

​Election overhang: The Hindu Editorial on economic activity

The Hindu  

Production in India’s eight core infrastructure sectors remained largely dampened by the impact of a slowdown in state spending on public works in June, when the general election ended in the early part of the month leading to the formation of a new government at the Centre. Provisional data on the Index of Eight Core Industries released by the Commerce …

Up 4%, core sectors’ growth at 20-month low in June
5 months, 2 weeks ago

Up 4%, core sectors’ growth at 20-month low in June

The Hindu  

Growth in India’s eight core sectors slipped to a 20-month low of 4% in June from an upgraded 6.4% rise in May, with most sectors barring coal recording a sharp decline in output growth, steel production at a seven-month low, and refinery products slipping into contraction for the first time in five months. However, electricity generation slipped to a four-month …

India Ratings jacks up growth forecast to 7.5% this fiscal
5 months, 2 weeks ago

India Ratings jacks up growth forecast to 7.5% this fiscal

New Indian Express  

Citing the ongoing growth momentum led by government capex, deleveraged balance sheets of corporate robust quality banks’ assets, and a likely revival in private corporate capex, India Ratings has upped its growth forecast for the current fiscal to 7.5 percent—the highest among all analysts and 30 bps over the Reserve Bank estimate. Pegging higher growth at 7.5 percent for this …

India's Business Growth Surges in June: PMI Report
6 months, 3 weeks ago

India's Business Growth Surges in June: PMI Report

Deccan Chronicle  

New Delhi: Regaining the momentum in June with business activity picking up at a quicker pace, Indian businesses, both in the manufacturing and services sectors, expanded at a faster pace in the month of June than the previous month. According to the survey carried out by the global banker HSBC Flash India PMI, the headline flash composite Purchasing Managers’ Index …

Confidence about economy declines after consistent recovery
6 months, 4 weeks ago

Confidence about economy declines after consistent recovery

The Hindu  

Confidence about the economy, job opportunities and income levels marginally declined over the past two months, shows data from the Reserve Bank of India’s bi-monthly Consumer Confidence Survey. In May 2024, the share of respondents who said income levels have increased since 2023 reduced from 27.7% in March 2024 to 25.3% in May 2024. The percentage of respondents who believe …

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's
7 months ago

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's

India TV News  

Moody's latest Ratings revealed that India is poised to maintain its position as the Asia-Pacific region's top-performing economy in 2024, continuing the robust growth driven by domestic factors seen last year. India to remain fastest growing economy: World Bank Earlier this week, a Work Bank report stated that India will remain the fastest-growing major economy recording a steady growth of …

India's industrial output's year-on-year growth increases to 5% in April 2024
7 months ago

India's industrial output's year-on-year growth increases to 5% in April 2024

Hindustan Times  

The Index of Industrial Production grew by 5% for April 2024, compared to 4.6% growth during the same month of the previous year. IIP tracks activity in manufacturing, mining, and electricity generation IIP shows the performance of the industrial sector. The IIP figure for April 2024 stood at 147.7 compared to 140.7 in the same month last year, according to …

India’s Business Activity Hits 14-Year High in May
7 months, 3 weeks ago

India’s Business Activity Hits 14-Year High in May

Deccan Chronicle  

New Delhi: With the significant growth in the services sector, India's business activity witnessed a robust expansion in May this year, recording the third strongest reading in close to 14 years. “The flash services PMI index hit a 4-month high of 61.4 this month, up from April's 60.8, while the preliminary manufacturing PMI showed a tad weaker growth than last …

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%
7 months, 4 weeks ago

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The Hindu  

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand by 6.9% in 2024 and 6.6% in …

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years
8 months, 1 week ago

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years

The Hindu  

India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ which fell to 58.8 from the 16-year high of 59.1 recorded in March. Even though input costs increased, producers ramped up input purchases to the highest level since last …

India's April business growth at near 14-year high, PMIs show
8 months, 3 weeks ago

India's April business growth at near 14-year high, PMIs show

Hindustan Times  

By Anant Chandak India's April business growth at near 14-year high, PMIs show BENGALURU, - India's business activity expanded at its fastest pace in nearly 14 years this month thanks to robust demand, according to a survey released on Tuesday that also showed easing input inflation and positive jobs growth. HSBC's flash India Composite purchasing managers' Index, compiled by S&P …

Moody's raises India's 2024 growth forecast to 6.8%
10 months, 1 week ago

Moody's raises India's 2024 growth forecast to 6.8%

The Hindu  

Global rating agency Moody's on March 4 raised India's growth forecast for 2024 calendar year to 6.8%, from 6.1% estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. “Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023,” Moody’s Investors Service said. India is …

India’s manufacturing PMI inched up to 56.9 in February
10 months, 2 weeks ago

India’s manufacturing PMI inched up to 56.9 in February

The Hindu  

India’s manufacturing sector continued its recovery in February from an 18-month low in December, with production levels and sales rising at the fastest pace in five months, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index. New export orders grew at the highest pace in 21 months, but employment levels changed little as firms felt existing staff strengths …

India’s Manufacturing Sector Growth Marks 18-Month Low At 54.9 In Dec
1 year ago

India’s Manufacturing Sector Growth Marks 18-Month Low At 54.9 In Dec

ABP News  

India’s manufacturing sector logged a decline as the sector’s growth declined to an 18-month low of 54.9 in December owing to a muted increase in factory orders and output, despite minimal inflation, the monthly survey conducted by S&P Global revealed on Wednesday. The HSBC India Manufacturing PMI survey, conducted by the rating agency S&P Global, found that factory orders and …

ADB retains India's growth forecast at 6.4% for current fiscal
1 year, 5 months ago

ADB retains India's growth forecast at 6.4% for current fiscal

The Hindu  

The Asian Development Bank on Wednesday, July 19, 2023, retained India's economic growth forecast at 6.4 per cent for the current financial year and 6.7 per cent for the next, saying robust domestic demand will continue to support the region's recovery. It forecast 3.6 per cent inflation this year for developing economies in Asia, and 3.4 per cent in 2024. …

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN
1 year, 7 months ago

Indian Economy Expected To Grow 6.7% In 2024, Country Remains A Bright Spot: UN

News 18  

India’s economy is expected to grow by 6.7 per cent in the calendar year 2024, supported by resilient domestic demand, according to a UN report which said higher interest rates and weaker external demand will continue to weigh on investment and exports this year for the country. The World Economic Situation and Prospects as of mid-2023 released on Tuesday said …

Fitch pares India’s GDP growth forecast for this year to 6% from 6.2%
1 year, 8 months ago

Fitch pares India’s GDP growth forecast for this year to 6% from 6.2%

The Hindu  

Fitch Ratings has lowered its 2023-24 GDP growth forecast for India to 6% from 6.2%, citing headwinds from elevated inflation and interest rates along with subdued global demand, with the economy expected to rebound to 6.7% in 2024-25 as opposed to 6.9% projected earlier. While India will be one of the fastest-growing sovereigns rated by Fitch, bolstered by “resilient investment …

For India’s Services firms, April was the best month in almost 13 years: S&P Global PMI
1 year, 8 months ago

For India’s Services firms, April was the best month in almost 13 years: S&P Global PMI

The Hindu  

India’s services sector recorded its highest uptick in new business and output levels since June 2010 this April, led by a strong upturn in the Finance and Insurance segment, as per the seasonally adjusted S&P Global India Services PMI® Business Activity Index, which rebounded from a decline to 57.8 in March to 62 in April. “India’s service sector posted a …

India's Manufacturing PMI In April Hits 4-Month High On Robust Demand
1 year, 8 months ago

India's Manufacturing PMI In April Hits 4-Month High On Robust Demand

News 18  

India’s factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signalling resilient demand and an encouraging outlook. Besides seeing the strongest inflow of new work in 2023 so far, capacities were expanded through job creation, input buying was lifted.” Both new orders …

Indian firms most downbeat among global peers on profitability outlook
1 year, 10 months ago

Indian firms most downbeat among global peers on profitability outlook

Live Mint  

Indian firms are among the most downbeat globally on profitability outlook, showed S&P Global's latest India Business Outlook survey. The net balance figure is calculated by deducting the percentage number of survey respondents expecting a deterioration/decrease in a variable over the next twelve months from the percentage number of survey respondents expecting an improvement/increase. Anecdotal evidence indicated that inflation concerns …

RBI projects economic growth at 6.4% for next fiscal
1 year, 11 months ago

RBI projects economic growth at 6.4% for next fiscal

Firstpost  

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the RBI’s internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook New Delhi: The Reserve Bank of India has projected India’s economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal, citing risks from geo-political …

Economic Survey 2022-23 | Economy on stronger wicket than pre-COVID times, to grow 6.5% in 2023-24
1 year, 11 months ago

Economic Survey 2022-23 | Economy on stronger wicket than pre-COVID times, to grow 6.5% in 2023-24

The Hindu  

Painting an exuberant picture of the Indian economy’s prospects thanks to “New Age” reforms undertaken since 2014, the Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Tuesday asserted that not only are the pandemic-induced blues over, but the outlook for the years ahead is also rosier than in the pre-COVID years. Though global uncertainties are rife and …

Indian economy forecast to keep growing at more than 6% despite global downturn
1 year, 11 months ago

Indian economy forecast to keep growing at more than 6% despite global downturn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India’s growth story is set …

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal
1 year, 11 months ago

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday tabled the economic survey 2022-23 in Parliament. The economic survey forecast India's economy to grow at 6.5 per cent in 2023-24, compared to 7 per cent this fiscal and 8.7 per cent in 2021-22. The economic survey forecast its economy will grow 6 per cent to 6.8 per cent in the next financial …

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal
1 year, 11 months ago

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday tabled the economic survey 2022-23 in Parliament. The economic survey forecast India's economy to grow at 6.5 per cent in 2023-24, compared to 7 per cent this fiscal and 8.7 per cent in 2021-22. The economic survey forecast its economy will grow 6 per cent to 6.8 per cent in the next financial …

India’s buzzing economic activity belies fears of a slowdown
1 year, 11 months ago

India’s buzzing economic activity belies fears of a slowdown

Deccan Chronicle  

India’s economy picked up speed in December as business conditions improved, marking a rebound for the South Asian nation that had showed signs of a slowdown the preceding month. The needle indicating so-called animal spirits moved right after holding steady for five straight months — indicating stronger overall economic activity as 2022 drew to a close. The reading comes ahead …

India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand
2 years ago

India likely to loose its 'fastest growing economy tag' as growth took hit from weakening demand

India TV News  

India's GDP updates: Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing the fastest-growing major economy tag. The 7 per cent expansion projected in the first official estimate released by the Statistics Ministry compares with 8.7 per …

India’s economic growth to slow to 7%, government forecasts
2 years ago

India’s economic growth to slow to 7%, government forecasts

Al Jazeera  

India remains a relative ‘bright spot’ in the world economy, but weak exports are expected to hamper its growth. India’s government expects economic growth to slow in the financial year that ends on March 31 as pandemic-related distortions ease and pent-up demand for goods levels out going into 2023. “A broad-based consumption recovery, therefore, is still some distance away.” ‘Bright …

Manufacturing PMI up but watch out for a spanner in the works
2 years ago

Manufacturing PMI up but watch out for a spanner in the works

Live Mint  

Business activity in India’s manufacturing sector saw a sharp upturn in December. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index rose to 57.8, up from 55.7 in November, aided by robust inflows of new business. View Full Image On the rise Keep an eye on these economic indicators in 2023 IBC plot twist may let defaulters keep the …

Indian manufacturing ends 2022 on a high: PMI data
2 years ago

Indian manufacturing ends 2022 on a high: PMI data

The Hindu  

India’s manufacturing sector recorded its sharpest uptick in output in 13 months in December 2022, with new orders rising at the fastest pace since February 2021 even though selling prices surged more than input costs for the first time in two and a half years, as per the S&P Global India Manufacturing Purchasing Managers’ Index. With overall demand strong and …

Turning tide: On India’s goods exports
2 years ago

Turning tide: On India’s goods exports

The Hindu  

India’s goods exports rebounded from a nearly 17% dip in October to a mild 0.6% uptick in November. Their share in exports growth has been shrinking since June, with the contraction accelerating for many sectors from September to November — engineering goods that drove much of India’s record $422 billion goods exports in 2021-22, contracted 11.3% while textiles fell a …

Global slowdown not mirrored in India, says Finance Ministry
2 years ago

Global slowdown not mirrored in India, says Finance Ministry

The Hindu  

India’s economic momentum has been sustained well in the third quarter of 2022-23 and there is cause for cautious optimism as the slowdown in global economic activity is not mirrored in India’s performance of various high-frequency indicators, the Finance Ministry said on December 23, 2022. The downsides of India’s widening current account deficit are expected to be limited by a …

India’s GDP likely slowed to 6.5% in Q2
2 years, 1 month ago

India’s GDP likely slowed to 6.5% in Q2

Live Mint  

After double digit expansion in the first quarter, India’s economic growth will likely slow to 6.5% in the second quarter largely due to the high base and erosion of corporate profitability due to inflation, according to economists. In fact, the second half of FY23 will likely see a sharp deceleration in growth on account of the global economic environment, which …

India's manufacturing sector to sustain growth momentum for next 6-9 months: Survey
2 years, 2 months ago

India's manufacturing sector to sustain growth momentum for next 6-9 months: Survey

The Hindu  

The growth momentum which has been witnessed by India's manufacturing sector for the past few months is likely to stay for the next six to nine months, according to the latest quarterly survey by Ficci. The future investment outlook also slightly improved as compared to previous quarter as close to 40 per cent respondents reported plans for capacity additions in …

India's manufacturing activities remain strong in October: survey
2 years, 2 months ago

India's manufacturing activities remain strong in October: survey

The Hindu  

Manufacturing activities in India remained robust and price pressures were contained in October as new orders and production rose at a slower but stronger pace, according to a monthly survey released on November 1. “The Indian manufacturing industry again showed signs of resilience in October, with factory orders and production rising strongly despite losing growth momentum,” Pollyanna De Lima, economics …

German business confidence stuck at lowest since May 2020
2 years, 2 months ago

German business confidence stuck at lowest since May 2020

Associated Press  

BERLIN — German business confidence is stuck at its lowest level in more than two years as energy worries fuel expectations of a difficult winter, a closely watched survey showed Tuesday. The Ifo institute said its monthly confidence index, a prominent health indicator for Europe’s biggest economy, edged down to 84.3 points in October from 84.4 last month. That’s the …

IMF lowers India’s growth forecast to 6.8% for 2022-23
2 years, 3 months ago

IMF lowers India’s growth forecast to 6.8% for 2022-23

Live Mint  

The International Monetary Fund on Tuesday sharply lowered India’s economic growth forecast to 6.8% in its latest World Economic Outlook, compared to 7.4% it had estimated earlier in July, citing the impact of external headwinds and weaker than expected second quarter growth. The multilateral agency retained India’s growth forecast for 2022-23 at 6.1%, despite lingering downside risks. “The outlook for …

IIM Ahmedabad survey hints at India Inc\'s declining expectations
2 years, 3 months ago

IIM Ahmedabad survey hints at India Inc\'s declining expectations

Deccan Chronicle  

HYDERABAD: Despite confidence exuded by the Reserve Bank of India about taming inflation, businesses expect a continued rise in consumer and business inflation, a survey conducted IIM-Ahmedabad revealed. “The one-year-ahead business inflation expectation in August 2022 has increased by 26 basis points to 5.09 per cent from 4.83 per cent reported in July 2022. “Around 59 per cent of the …

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