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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Macroeconomy | How exactly do heatwave and rainfall patterns affect India's growth prospects?
Description: In this State of the Economy podcast, businessline’s Shishir Sinha speaks to Devendra Kumar Pant, Chief Economist, India Ratings and Research, about the impact of heat waves and elections on the High Frequency Indicators. The podcast initially focuses on GST collections surpassing 2 trillion for the first time and a dip in the Purchasing Managers' Index (PMI) for the manufacturing sector. This could be due to seasonality or because manufacturers are waiting to make investment decisions until the new government is formed after the elections. The discussion emphasises the complexity of interpreting these figures amidst a dynamic eco...