New Delhi, April 6 (IANS) Credit card spending in India grew 6 per cent year‑on‑year (YoY) in February 2026, a report said on Monday.However, on month-on-month basis, it eased to Rs 1,772 billion — a moderation of 11 per cent. The spending data indicated a slowdown in consumption momentum, largely driven by the top 4 banks, the report from Asit C. Mehta Investment Intermediates Limited said.Card issuance remained robust at 1.05 million new cards up 7.7 per cent YoY, hitting a 23-month high,…
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New Delhi, Jan 15 (IANS) The Congress on Thursday alleged that the headline GDP growth rates presented after adjusting for inflation paint a misleading picture of the economy, arguing that they mask weak underlying demand and structural issues affecting investment.Congress General Secretary in charge of Communications, Jairam Ramesh, said that the inflation-adjusted growth figures appear inflated because the price deflators used are unusually low.“The headline numbers for inflation-adjusted GD…