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Indian economy on upward trajectory: NCAER's cites favorable above-normal monsoon forecast

By Economic Times - 6 months ago
The NCAER's April 2024 Monthly Economic Review (MER) highlights the Indian economy's robust performance, citing a 16-year high in the PMI for manufacturing and record UPI transactions. With positive global forecasts and decreasing inflation, the economy looks poised for growth, though online hiring activity shows a slight moderation.

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