Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds

The Unified Payments Interface (UPI) settled 16.58 billion transactions in October 2024, up 45% yearon-year. The demand for work under the governments flagship rural employment scheme fell for the 12th straight month in October from a year before, dropping 9.2% from a year earlier, indicating availability of job opportunities elsewhere in the economy.