Scan-shot
November
2024
(with data from Oct '24)
October
2024
(with data from September '24)
In November 2024, analyzing data from October, the Indian economy presented a dynamic picture. Inflation surged to 6.21%, casting a shadow on household budgets and policy deliberations, while the unemployment rate jumped to 10.1%, hinting at growing challenges in the labor market. Despite these headwinds, GST collections remained steady, reflecting continued economic activity and compliance.
The Sensex held strong, buoyed by investor confidence, while manufacturing and services PMI showcased resilience, maintaining growth trajectories. Forex reserves provided a safety net, holding firm as imports signaled robust domestic consumption.
The story of October underscores the economy's resilience amidst evolving challenges, highlighting the need for strategic interventions to balance growth with sustainability. As the festive season unfolds, all eyes remain on inflationary trends and job creation to steer the narrative forward.
Team Insights @Laqshya Media Group
Yuvrraj Agarwaal
(Chief Strategy Officer)
In August 2024, the Indian economy continued its dynamic journey, with several key indicators showcasing mixed but largely positive trends. The Sensex climbed to a new high of 82,365, reflecting strong market sentiment, while GST collections remained healthy at INR 1.75 lakh crore, though slightly down from July's figure. Forex reserves reached a robust $683 billion, providing a buffer against external shocks, as imports surged to $64.36 billion, a sign of rising domestic demand.
Team Insights @Laqshya Media Group
Economic Indices
GST Collection[1]
(INR '000 Cr)
Net Equity Inflow[2]
(INR '000 Cr)
Exports[3]
(US$ Bn)
Imports[4]
(US$ Bn)
Sensex[5]
Consumer Confidence Index[6]
Forex Reserves[7]
(US$ Bn)
Unemployment Rate[8] (%)
Inflation Rate[9] (%)
Manufacturing PMI[10]
Services PMI[11]
Construction Output Growth[12]
(%)
Manufacturing Production YoY
Growth[13] (%)
Auto Production & Domestic
Sales[14]
(Lakh Units)
Passenger Vehicle Sales[15]
(Lakh Units)
Domestic Flights[16]
('000)
Domestic Passengers[17]
('000)
[2] AMFI
[3][4] Ministry of commerce and Industry
[5] BSE [6][7] RBI
[9] MOSPI
[10][11] Markit Economics
[12] Office of the economic adviser
[14] SIAM
[15] Auto Pundits
[16] [17] AAI
