How did the Indian economy do over the last financial year?

With the end of the financial year 2023-24, it’s a good time to see how the economy has done over the year. Spanning a range of indicators, Economist Radhika Pandey and Deputy Editor TCA Sharad Raghavan bring you the latest report card of the economy in #MacroSutra
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Read Radhika Pandey's column here : theprint.in/ma...
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Read Yuthika Bhargava's article here : theprint.in/ec...
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Chapters:
01:30 - The manufacturing sector saw an improvement over the year after a slump in the first quarter
03:05 - The Manufacturing PMI rose to a 6-year high in March 2024
04:55 - Exports have been a cause for concern due to slowdowns in India’s trading partners
06:50 - Over the full year FY24, foreign portfolio investors have been net buyers in Indian debt & equity
09:13 - Average inflation for FY24 was 5.4% compared to the 4% target of the RBI
12:05 - Indian stock markets have been resilient to global turbulence
14:45 - Consumption remains a concern, and the data shows it is uneven across the economy
16:55 - Recent data shows a recent spurt in the value of new project announcements
17:53 - Credit to large industries is again starting to pick up
20:00 - Current high interest rates will have implications for countries with high debt levels
21:38 - There are some structural problems with some airlines, but govt should not interfere in the affairs of airlines
24:20 - The Indian rupee has been largely stable against the dollar, dipping only 0.9% over the last year
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