India's capital expenditure grew 70% in May; Govt report
Updated: 15 Jul 2022, 11:31 AM IST
TL;DR.To facilitate Capex, the government announced rules for disbursing Rs. 1 trillion in interest-free Capex loans to states. In addition, the corporate sector has also started to grow gradually, hinting at revival owing to healthy growth in sales.
The trade deficit in the June quarter jumped to a record $70.8 billion, way above that of $31.4 billion in the same quarter last fiscal.