India’s economy shows spark on pent-up demand after reopening - Economic Times

Higher food, fuel, labor and transportation costs are forcing central banks globally to prioritize price stability over growth. The Reserve Bank of India has raised borrowing costs by 90 basis points so far this year and vows to do more to bring price gains b…

Indias economy gathered momentum in May driven by pent up demand for services and higher output from industries as reopening continued from pandemic restrictions. Five of the eight high-frequency in… [+2910 chars]

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