|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
: Consumers increased spending 0.7 percent in February compared with January. It was the biggest gain in five months. The government also revised January spending to show a 0.4 percent gain, double the initial estimate.
INCOME GROWTH: Personal income rose a solid 1.1 percent in February following huge swings in the previous two months.
OUTLOOK: The strong spending gains prompted some economists to boost their outlook for overall economic growth in the January-March quarter. Some think the economy grew at a 3 percent annual rate during the quarter, up significantly from 0.4 percent rate in the October-December quarter.