September data signals improving economic activity with FY2026 GDP forecasts revised higher. Consumption strengthens across digital payments, toll, fuel demand, and air travel with EV adoption surging, though 3-wheelers decline. Supply indicators mixed: robust ports, rail, e-way bills, capex rebound, and steady goods exports contrast with moderate …
NIIF’s September Monthly Economic Report on India (MERI) shows sustained momentum in the Indian economy in August despite mixed signals. Core infrastructure activity remains steady with capex maintaining YTD trajectory while digital payments and EV adoption accelerate. However, softening logistics and moderating fiscal revenues suggest near-term headwinds. Monetary transmission gains traction as banks pass through rate …
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