Improving liquidity helping robust growth in credit: RBI
RBI's latest State of the Economy report says improved liquidity supports robust credit growth in India.
Domestic economy navigated global uncertainties with healthy demand and resilient industrial and services sectors.
Retail inflation edged up in June to an 18-month high of 4.4%, driven by food and fuel components.
Rural recovery reflected in tractor sales acceleration with kharif sowing; urban demand sustained by passenger vehicle sales.
GST e-way bills and digital payments recorded value growth over 20% for the first time in 19 months, indicating strong economic activity.
Story angle
Center-right
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Times of India
Center-right
Mixed factuality
Who owns this?
Times Group
Bennett, Coleman & Co. (Sahu Jain family)
India's largest newspaper group by circulation.
Wikipedia: Sahu Jain family