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Unemployment rate drops to 6.8% in July driven by a recovery in rural India
The rural sector added 6.3 million jobs in July while the urban sector lost 0.6 million jobs
Index Of Infrastructure Output
A combined index that measures the production performance of Eight Core Industries: refinery, electricity, steel, coal, crude oil, natural gas, cement and fertilizers.
Index of Industrial Production (IIP)
The all India IIP is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period.
Intellectual Property Rights (IPR)
Contains the summary of patents, designs, trademarks and copyrights applied for and registered in India.
Current Account
A nation's current account records its transactions with the rest of the world - specifically its net trade in goods and services, net earnings on cross-border investments, and its net transfer payments over a defined period.
Final Consumption Expenditure
It is the expenditure on goods and services that are used for the direct satisfaction of individual needs (individual consumption) or collective needs of members of the community (collective consumption).
Gross Fixed Capital Formation (GFCF)
Also regarded as 'net investment', it measures the value of net fixed asset acquisitions by the governments, businesses and pure households.
Retail Inflation
It is a general rise in consumer price levels where a unit of currency effectively buys lesser goods and services. More commonly, people refer to inflation as "the rising cost of living".
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