ICRA: India’s economic activity shows mixed signals in June;...

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ICRA: India’s economic activity shows mixed signals in June; key sectors struggle

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India's economic activity presented a mixed scenario in June, following a notable slowdown in May. While electricity demand showed signs of recovery, vehicle registrations weakened. The May slowdown was attributed to a weaker performance in core sectors like electricity generation and rising unemployment, though some indicators like two-wheeler production and petrol consumption offered stability.

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