macro OECD upgrades India’s FY25 GDP growth forecast to 6.6% OECD says India's domestic demand will be driven by gross capital formation, exports will continue to grow, and headline inflation will decline gradually By Manoj Sharma
macro India's manufacturing PMI declines to 58.8 in April The rise in raw material stocks during the month was supported by increased buying levels. By fortuneindia.com
macro Global economic VUCA fuels gold demand Total global gold demand for Q1 2024 was up 3% year-on-year to 1,238 tonne, marking the strongest first quarter since 2016 By Rajiv Ranjan Singh
macro India’s air passenger demand grows 3.8% in March; China leads globally India's domestic air passenger market accounted for 1.8% of the world share in March 2024 against China's 11.2% and the US' 15.4% By fortuneindia.com
macro April GST collection up 12.4% breaches ₹2 lakh cr mark for the first time Central Goods and Services Tax (CGST) collection for the month stood at ₹43,846 crore, State Goods and Services Tax (SGST) collection stood at ₹53,538 crore By Ashutosh Kumar
macro India wastes 15.3% soybean, 7.8% wheat as post harvest loss Post harvest losses of crops and agri-allied produce in India resulted in a loss of $18.5 billion annually during 2020 to 2022, as per ICRIER report. By Joe Mathew
macro Govt slashes windfall tax on petroleum crude to ₹8,400 per metric tonne Tax remains nil for diesel and aviation turbine fuel By fortuneindia.com
macro Centre spends 85% of FY24 capex target at ₹8.05 lakh cr till Feb The ministry of road transport and highways and railway ministry have done the bulk of the expenditure given the higher allocation made to them. By Ashutosh Kumar
macro April GST collection highest ever at ₹2.10 lakh cr GST revenue breaches landmark milestone of ₹2 lakh crore and records 12.4% y-o-y growth By fortuneindia.com
macro India saved $8 bn in oil import — thanks to discounted Russian crude Share of crude petroleum imported from Russia jumped to 36% in 11 months of FY2024 By fortuneindia.com