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Onion Prices Set to Skyrocket in Retail Market Ahead of End of August

Get the latest update on onion prices in the retail market. Crisil predicts a rise, but assures prices won't reach last year's highs. Find out more.

Moderate Growth Expected in State GST Collections to reach 12-14% in FY24: Crisil Report

According to Crisil, despite a predicted slowdown, GST collections will remain the primary revenue driver for Indian states. There may be steady growth, but the global economy's downturn could negatively impact revenue projections.

Top Indian States Expected to See 6-8% Revenue Growth in Fiscal Year 2023-24

Discover the top Indian states with a projected 6-8% revenue growth and cumulative revenue of Rs 34 lakh crore in 2023-24, backed by GST collections and devolutions from the Centre.

Experts Urge Caution Despite Inflation Moderation

India's retail inflation eased to 4.25% in May, the lowest in 2 years. Experts predict inflation may rise to 5%, but RBI is expected to maintain a status quo.

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Moderate Growth Expected in State GST Collections to reach 12-14% in FY24: Crisil Report

According to Crisil, despite a predicted slowdown, GST collections will remain the primary revenue driver for Indian states. There may be steady growth, but the global economy's downturn could negatively impact revenue projections.

Difficulties in reaching 6.5% growth target

The RBI has set a growth target of 6.5% for the GDP forecast for FY24, but analysts are uncertain it will come to fruition. With a sluggish global economy and rural consumption drag, estimates range from 5.5% to 6.7%. Despite risks such as a weak monsoon, the RBI remains optimistic about growth factors such as normalisation in supply chains. While the RBI's growth projections remain unchanged, analysts remain uncertain about the GDP outlook.

Experts Urge Caution Despite Inflation Moderation

India's retail inflation eased to 4.25% in May, the lowest in 2 years. Experts predict inflation may rise to 5%, but RBI is expected to maintain a status quo.

India’s GDP beats expectations

India's GDP growth for FY23 estimated at 7.2% by NSO, surpassing previous expectations. RBI Governor predicts potential cross 7% threshold. Although global events may slow momentum, analysts say India remains the fastest-growing G20 economy.

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