Panorama October 2024 edition is out now! Here are the key insights from the report: India’s unemployment rate held steady at 3.2% in 2023-24. The rural unemployment rate rose to 2.5% from 2.4% the previous year, while the urban rate…

In September 2024, India’s Consumer Price Index (CPI) inflation picked up to 5.49% YoY from 3.65% YoY in the previous month. The increase in headline inflation was largely driven by a rise in food inflation to 8.4% YoY in September…

In the October 2024 meeting, the RBI Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5%. However, the monetary policy stance was changed to ‘neutral’ to provide policy flexibility to the MPC. The MPC stressed that it…

India’s current account recorded a deficit of 1.1% of GDP in Q1FY25, compared to a surplus of 0.5% in the previous quarter and a deficit of 1% in Q1FY24. The current account worsened due to a larger merchandise trade deficit…