After being net sellers in the last two months, a U-turn by FIIs comes amid expectations that reforms will continue after the elections. Improved GDP growth forecast and solid earnings by India Inc has also increased the appeal for FIIs, analysts say.
Urban-rural consumption gap closes further in 2023-24
Consumption inequality between rural and urban India decreased in 2023-24, with notable increases in Monthly Per Capita Consumption Expenditure (MPCE) in both areas. Non-food items