Some sort of revival in the Indian economy has been suggested by initial high-frequency indicators for December 2019.
The Nikkei Manufacturing Purchasing Managers’ Index has increased to 52.7 in December 2019. It is compiled by IHS Markit. It is the highest since May 2019. For the second consecutive month in December, Goods and Services Tax (GST) collections were above Rs 1 lakh crore. Rise in domestic car sales has been report....
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