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
Rural demand, services sector may lift H2 showing
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
Govt may widen scope of schemes for larger companies and not just MSMEs
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
Economists said the Centre's capex needs to expand by 65 per cent Y-o-Y in December 2024-March 2025 or record a monthly run rate of Rs 1.5 trillion, to meet the FY25 target of Rs 11.1 trillion
Industry representatives stressed that, given the uncertainty caused by persisting global headwinds, government's focus on public capex in physical, social, and digital infrastructure will be crucial
Economists say Budget's focus should be to stimulate consumption, manufacturing, and propel employment. They also want the Centre to continue support to the MSME sector
India's economic growth slowed more sharply than anticipated in the July-September period of FY25, dropping to a seven-quarter low of 5.4 per cent
The annual report noted that the rapid rise of digital markets based on new business models have emerged as challenges for the regulator
NFRA found that ZEEL had misappropriated its money and made unauthorised transactions with related parties without the approval of the audit committee, the board, and shareholders
The third part of the series looks at the areas it needs to focus on to realise its $5 trillion ambition and be counted among the top three economies
Byju's financial disclosures had come under ICAI's scanner because of a 22-month delay in the submission of its financial reports
A LinkedIn India spokesperson confirmed the development in response to an email query by Business Standard
The growth rate of remittances this year is estimated to be 5.8 per cent, compared to 1.2 per cent registered in 2023
The Indian economy grew 6.7 per cent in the April-June quarter and 5.4 per cent in the July-September period of FY2024-25
Brand said that small firms need to upgrade tech and India can have its own big four firm through consolidation of smaller firms
Chaudhary noted that there is a special focus from the Prime Minister, and all ministries have been directed to reach their capex targets by March
Piketty advocated a wealth tax on Indian billionaires to finance social infrastructure
Rejecting the idea of a "billionaire tax" suggested by noted economist Thomas Piketty, Nageswaran said, "Not all problems can be solved through fiat"