Page 20 - Ruchika Chitravanshi

Will Budget 2025 kickstart Indian manufacturing, drive GDP growth?

Focus on the manufacturing sector was among the primary suggestions made to the Finance Minister Nirmala Sitharaman during the pre-Budget consultations by a group of economists

Current environment conducive for private investments: CII survey

Recent advance growth estimates released by the National Statistics Office (NSO) have projected investment demand, represented by gross fixed capital formation, to grow 6.4 per cent

IMF retains India's economic growth outlook for FY26 and FY27 at 6.5%

"Growth in India had slowed more than expected, led by a sharper-than-expected deceleration in industrial activity"

PM Modi okays constitution of 8th Pay Commission for central govt employees

"The term of the last Pay Commission will end in 2026. Establishing the 8th Pay Commission well in advance, in 2025 itself, will give us sufficient time to get the recommendations," Vaishnaw said

81% companies back PM's internship scheme: Teamlease Edtech survey

38% say that finding interns with right skill set was difficult, call for targeted university programs that match the demands of the industry

Fiscal conditions to constrain credit growth in 2025, says Moody's

ICRA, in its report on Budget expectations, estimated the fiscal deficit target for FY2026 to be set at 4.5 per cent of GDP

MCA may widen internship scheme, engage states to boost participation

The scheme had set a target of providing 125,000 opportunities by the end of March 2025

Need tech-savvy forces to protect digital world: FM Nirmala Sitharaman

Sitharaman said that India was growing in the eyes of all its competitors, many of whom find such growth astonishing

Centre likely to save over Rs 70,000 crore on expenditure in FY25

FinMin has parked Rs 62K cr towards "new schemes" with the DEA, most of which is expected to go unspent with only two and half months left in FY25

NFRA looks to enhance communication between auditors and audit panels

The first part of the interaction series draws auditors' attention to potential questions that audit committees or boards of directors may ask regarding accounting estimates and judgements

Centre releases tax devolution of Rs 1.73 trillion to state govts

A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures

India's economy likely to grow 6.6% in 2025, 6.7% in 2026: UN report

The report highlighted that capital expenditure on infrastructure development is expected to have strong multiplier effects on growth in the coming years

Business Standard poll: Experts see FY26 nominal GDP growth at 10-11%

The first advance estimates released by the National Statistics Office (NSO) on Tuesday estimated a nominal GDP growth of 9.7 per cent for FY25

Capex should be ramped up by 25% over BE: CII President Sanjiv Puri

CII President Sanjiv Puri said that exports are facing headwinds while suggesting measures such as minimum import and anti-dumping duty

Govt's fiscal deficit target in reach despite lower GDP estimate

The Budget had assumed nominal GDP to grow 10.5 per cent for FY25

Jobs, growth, demand in focus as FinMin concludes pre-Budget talks

The Union Budget for FY 2025-26 assumes significance as it comes on the back of lower than expected growth numbers in the second quarter and geopolitical uncertainty

India's FY25 GDP growth likely to remain in 6.4-6.8% range: Experts

Rural demand, services sector may lift H2 showing

Centre pushes transfer to states to meet capital expenditure goals

Experts feel despite government efforts there has been a lag in capex pick up but there is a good case for continued push towards such expenditure

Prepack insolvency logged slow pick-up, only 13 cases till September

Govt may widen scope of schemes for larger companies and not just MSMEs

India can use retaliatory measures in case of trade war with US: Think tank

In 2023, bilateral trade between India and the United States reached $117.8 billion, with India importing goods worth $42 billion and exporting $75.8 billion