Power generation is set for its sharpest rise in years, showing that economic activity is moving towards normalisation after the Covid-19 shock. Base effect is also in play as it had shrunk 2.49% in FY21.
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Macro
Budget 2022: Power generation growth shows economy getting back on feet
Economic recovery and low base effect are poised to push power generation to its sharpest recovery in years.
Macro
RBI imposes ₹2.27 cr penalty on RBL Bank; 4 others fined
RBL Bank was fined over the deficiencies in "regulatory compliance" observed relating to the period FY 2018-19 to FY 2021-22
Consistent demand for office space from life sciences sector: CBRE
Total cumulative office space taken up by life sciences firms stood at 8.6 million sq. ft between 2019-22 and is largely concentrated in Bangalore, Delhi-NCR and Hyderabad
EPFO Jan data shows 2.6% dip in job creation
Out of 14.86 lakh members added during the month, around 7.77 lakh new members have come under the ambit of EPFO for the first time.
Economy to grow at 7% in FY23 despite challenges; inflation to moderate: FinMin
India's growth momentum gathered in Q3 to be sustained in Q4, as reflected in high-frequency indicators, says the finance ministry.
Macro
RBI imposes ₹2.27 cr penalty on RBL Bank; 4 others fined
RBL Bank was fined over the deficiencies in "regulatory compliance" observed relating to the period FY 2018-19 to FY 2021-22
Consistent demand for office space from life sciences sector: CBRE
Total cumulative office space taken up by life sciences firms stood at 8.6 million sq. ft between 2019-22 and is largely concentrated in Bangalore, Delhi-NCR and Hyderabad
EPFO Jan data shows 2.6% dip in job creation
Out of 14.86 lakh members added during the month, around 7.77 lakh new members have come under the ambit of EPFO for the first time.
Economy to grow at 7% in FY23 despite challenges; inflation to moderate: FinMin
India's growth momentum gathered in Q3 to be sustained in Q4, as reflected in high-frequency indicators, says the finance ministry.
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