Tamil Nadu govt inoculates 8.17 lakh people against COVID-19 in latest mass vaccination drive

Private Consumption, Capex Boost Paint a Rosy Picture

Increase in private consumption and higher capacity utilisation in the current year has reinvigorated the investment cycle, the finance ministry said, counting positives as it highlighted a relatively bright outlook on India’s economic growth. Inflationary pressures appear to be on the decline and the country has a strong external account, it said in the Monthly Economic Review for August released on Saturday.