Gradient Alliance News Bulletin – September 2015 Economic News GDP expands 6.7% in 2Q15 driven by services sector. Temasek model to improve state enterprises. Bogey of Super Gains Tax raises its head again. CEB in USD 13bn long-term electricity generation plan. ASPI closes at 7, 05.87.94 in September (-3.5% MoM). Business News Tourist arrivals in August up 8.7% YoY to 166, 610. Vehicle reg. up 59.4% YoY in August, LTV reduced to 70%. Tea exports decline for the sixth consecutive month. Business confi. index in August at 175 (+21 pts MoM). Consumer News Nielsen consumer confi. index at 83 in August(+5 pts). Deflation, as CCPI declines 0.3% YoY in September. Rupee depreciation to increase consumer good prices. Import duties/commodity levies increased on potatoes, sugar, big onions and edible oils. Gradient Alliance News Bulletin – September 2015 ...
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