India's fiscal position remains solid, headline inflation to stay within target - ministry
© Reuters. FILE PHOTO: A labourer carries a sack at a wholesale market in the old quarters of Delhi, India, June 7, 2023. REUTERS/Anushree Fadnavis/File photo
"Revenues generated from direct and indirect taxes have exhibited steady growth and are indicative of the strength of underlying economic activity and a broadening tax base," India's finance ministry said in its monthly economic review for September. India's retail inflation eased to a three-month low in September on the back of softer vegetable prices, but remained above a 4% target that the central bank has signalled would be key before easing rates.
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