Business Activity Picks Up Momentum in Q2 on Higher Sales and Orders; Firms Optimistic About Growth in FY24 on Government Capex Push
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Business activity gained momentum in July-Sept as per a private survey
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Two-thirds of firms surveyed saw higher sales and orders in Q2
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Over half expected capacity utilization between 75-100% in Q2
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GST revenue grew 10% year-on-year to Rs 1.63 lakh crore in September
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Most firms surveyed expect 6-7% GDP growth in FY24
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Over half said government capex push will crowd in private investment
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