Economy news

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India's GDP likely to grow 7.5% in Q1 FY24: RBI
India’s GDP to grow at 7.3% in FY24: Govt’s 1st advance estimates
PLI scheme 2.0 in IT hardware: 23 firms ready, 4 to start production in 90 days
Tomato, onion, potato, fuelling food inflation; may push retail inflation to 6% in FY24: SBI
WPI inflation cools down to -3.48% in May; lowest since November 2015
RBI survey says consumer confidence up; sentiment on jobs, inflation still negative
NRIs can now pay utility, other bills of their families in India
Currency in circulation up 9.9% to over ₹31 lakh cr in FY22: RBI
After World Bank, IMF cuts India’s FY23 GDP forecast to 8.2%