The Reserve Bank remains laser-focused to bring back retail inflation to 4 percent over a period of time in a non-disruptive manner, Governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday.

In September, India added 8.5 million jobs. The festive season and upcoming harvest season will further boost the numbers, CMIE said.

Rajiv Kumar, Vice Chairman, Niti Aayog is of the view that the recovery has been uneven in some sense, but that unevenness has not been due to demand deficiency but due to some supply constraints in chips, the ships, and global trips, those are the three which have constrained our recovery. Nonetheless, we will take this in stride and expect the economy to grow 10.5 or higher during FY22,

Is India at the start of a large capex cycle leading to a sustained real GDP growth of 7 percent for multiple years? Which sectors will drive this growth and what it means for larger populace?