The week in charts: FII selling, PAN 2.0, IPL auction
Live MintEvery Friday, Plain Facts publishes a compilation of data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Cabinet reforms ₹22,847 crore: This is the total outlay approved by the CCEA for various key projects, including the revamp of the permanent account number system, now called 'PAN 2.0'. The CCEA also approved ₹2,481 crore for the National Mission on Natural Farming, ₹7,927 crore for railway infrastructure projects, and ₹3,689 crore for hydroelectricity generation in Arunachal Pradesh, boosting green energy and economic growth. Growth outlook India’s economic growth is expected to have slowed to 6.5% in the September quarter, marking the weakest pace in six quarters, according to a Mint poll of 26 economists. Despite Europe being Wipro's second-largest revenue source, growth has been sluggish, with the region's compounded quarterly revenue growth at just 1.16% between March 2021 and September 2024, Mint reported.