While Bharatiya Janata Party is looking to retain both Maharashtra and Haryana, Congress is planning to make a comeback in latter

The chief economist at Goldman Sachs indicates that consumption has been falling since January 2018, which is much before then the end August 2018 default by IL&FS which triggered the liquidity crisis for NBFCs.

Stakeholders continue to be pessimistic due to overall economic slowdown, slump in domestic consumption and drying credit flow to developers

While the RBI has not specified any reason, the market is attributing it to hoarding of high value notes or the optimal size of Rs 2000 notes in the system

According to officials, the high circulation of Rs 2,000 notes might defeat the government's objectives of curbing black money as it is easier to smuggle the high-denomination notes.

IRCTC share price opened 1.15% higher at Rs 737 on BSE compared to the previous close of Rs 728.60.

The World Bank in its latest edition of the South Asia Economic Focus said the country was expected to gradually recover to 6.9 per cent in 2021 and 7.2 per cent in 2022.