Mumbai, March 26 -- Finance Ministry stated in a latest monthly economic update today that high-frequency indicators (HFIs) signal continued momentum in Q4 FY25 for India. The domestic economic activity is resilient as per developments in various HFIs in the fourth quarter of the current fiscal. E-way bill generation grew by 18.9 per cent during the first two months of Q4 on a YoY basis, suggesting increased business and trade activity. Industrial and service sector activity is expanding steadily. The manufacturing and services PMI are in the expansionary zone (as indicated by values of the indices above 50). The index of industrial production has expanded by 5.0 per cent YoY in Jan 2025.

It noted that on the demand side, rural consumpti...