Pallavi Nahata

There will be a need to focus on investment efficiency, rather than only on investment rates in the economy, Nageswaran said, emphasising the need for a faster pace of investment output.

GST reduction or waiver on health and term insurance products is critical to making insurance offerings more affordable and expanding coverage for the uninsured population, said Rajesh Kakkar.

India's Consumer Price Index-based inflation moderated to 5.22% in December, from 5.48% in November.

India's Consumer Price Index-based inflation moderated to 5.22% in December, from 5.48% in November.

India's retail inflation moderated to a four-month low of 5.22% in December from 5.48% in November.

On a sequential basis, the index fell by 0.38%, compared to a decline of 0.5% last month.

With the government estimating 40 crore devotees to descend to Prayagraj between Jan. 13 to Feb. 26, the push on spending is across sectors.

Merchandise imports rose from $57.15 billion in December 2023 to $59.95 billion in December 2024, while exports declined from $38.39 billion to $38 billion.

The GDP growth is expected to decelerate to 6.5% in FY25 from 8.2% in FY24, reflecting a slowdown in investment and weak manufacturing growth, the report says.

The economic growth is 'poised to rebound' as domestic demand regains strength, the RBI bulletin stated.