Indian economy is going through tough times but the positive thing is regular measures announced by finance minister Nirmala Sitharaman.

Indian Stocks witnessed recovery on Friday and the week ended better than what majority of traders were expecting.

The government’s slew of measures to revive various sectors, including the automobile industry, isn’t just a booster shot for these industries’ stakeholders.

Indian government is facing tough questions as the economic growth has slowed down to the lowest levels in past few years.

Along with the resale homes market, luxury housing took the hardest hit after demonetization. The Government’s continued focus on affordable housing coupled with the surgical strike on high-value currency denominations in November 2016 took the sheen off luxury housing for two years in a row. As a result, developers restricted new supply in the luxury category across the top 7 cities.

However, ANAROCK's most recent research indicates that while the affordable and mid-segment housing sectors continued to dominate the overall supply in H1 2019, luxury and ultra-luxury housing also saw a resurgence.

India’s wholesale price index rose to 0.57% during the week ended April 18 as compared to 0.26% in the previous week.

During the corresponding week of the previous year, the annual inflation rate stood at 8.23%.

During the third week of April, the inflationary figures as measured by the wholesale price index (WPI) increased mainly because of an increase in food prices while fuel and manufactured products turned a little costlier.