Page 23 - Budget 2026 News
Profitability vs hiring in India Inc needs a relook, says CEA Nageswaran
He spoke about investments from China, India's potential to develop cost-effective artificial intelligence solutions, and the role of India Inc in driving demand
 "Profitability vs hiring in India Inc needs a relook, says CEA Nageswaran")
Eco Survey: Incentivise public transport, not private electric vehicles
It mentioned that electric mobility makes economic sense in a country like India, which imports most of its oil and has abundant renewable energy and coal, but there are challenges
 "Eco Survey: Incentivise public transport, not private electric vehicles")
Economic Survey: A 'virtuous cycle of job creation' via labour reforms
The survey presented a comparative study on restrictions on overtime for factory workers in India and other countries
 "Economic Survey: A 'virtuous cycle of job creation' via labour reforms")
Economic Survey 2024-25: Workers need safeguards against AI disruption
Both govt, pvt companies should introduce AI over optimised period to minimise job loss
 "Economic Survey 2024-25: Workers need safeguards against AI disruption")
Economic Survey 2024-25: Rural demand rises, urban sends mixed signals
It also noted that the impulse from rural demand is expected to continue in the second half of the financial year
 "Economic Survey 2024-25: Rural demand rises, urban sends mixed signals")
Economic Survey: Independent agency mooted to assess financial regulations
May be tasked with providing an impartial, objective assessment of regulatory processes and outcomes
 "Economic Survey: Independent agency mooted to assess financial regulations")
Govt's pace of work tripled with focus on middle class: President Murmu
The President's previous two speeches to joint sittings of Parliament, on January 31, 2024, and June 27, 2024, had stressed on the government's efforts at empowering the "four pillars"
 "Govt's pace of work tripled with focus on middle class: President Murmu")
Prayed to Goddess Lakshmi to bless poor, middle-class: PM Narendra Modi
The PM said that on the occasion of the start of the Budget Session, it is customary to remember Goddess Lakshmi, who bestows wisdom, prosperity, and welfare
 "Prayed to Goddess Lakshmi to bless poor, middle-class: PM Narendra Modi")
Swachh Bharat Mission revolutionised sanitation landscape: Economic Survey
As of November, 3.64 lakh villages have achieved ODF Plus status, ensuring solid and liquid waste management and maintaining cleanliness standards
 "Swachh Bharat Mission revolutionised sanitation landscape: Economic Survey")
Eco Survey primer: Dragon's growing shadow, sowing seeds of success, more
Quoting the Chinese proverb, "May we live in interesting times!" the Survey noted that it is especially relevant in today's turbulent world
 "Eco Survey primer: Dragon's growing shadow, sowing seeds of success, more")
Markets rebound 3% ahead of Union Budget on hopes of growth measures
For the Nifty, this was the fourth consecutive monthly decline and the most prolonged continuous monthly fall in 23 years. In the past four months, the Nifty declined by 9 per cent
 "Markets rebound 3% ahead of Union Budget on hopes of growth measures")
Global roles in GCCS to grow over three-fold to 30,000 by 2030: Eco Survey
As of FY24, GCCs in India employed nearly 1.9 million professionals. Over the past five years, India has remained at the forefront of the global GCC expansion strategy, with more than 400 new GCCs
 "Global roles in GCCS to grow over three-fold to 30,000 by 2030: Eco Survey")
Salaried, self-employed real wages below 2017-18 levels: Eco Survey
Corporate profits grew 22.3% in FY24 and employment 1.5%, it says
 "Salaried, self-employed real wages below 2017-18 levels: Eco Survey")
Infra lending slows in December; gold loan growth sees sharp uptick
According to Reserve Bank of India (RBI) data, in absolute terms, bank credit to infrastructure rose by Rs 12,657 crore in 12 months to Rs 13.14 trillion in December 2024
 "Infra lending slows in December; gold loan growth sees sharp uptick")
China's manufacturing prowess to bear on India's growth story: Eco Survey
The Survey has said India needs to grow at 8 per cent for about two decades to become a developed nation by 2047, but it will have to face challenges from global developments and reliance on China
 "China's manufacturing prowess to bear on India's growth story: Eco Survey")
Rupee performed better than currencies of Canada, Korea, Brazil: Eco Survey
The Real Effective Exchange Rate (REER), which reflects the real purchasing power of the currency, steadily appreciated from 103.2 in April 2024 to 107.2 in December 2024, the survey added
 "Rupee performed better than currencies of Canada, Korea, Brazil: Eco Survey")
CEA's 'get out of the way' advice to govt most sensible: Ex-FM Chidambaram
Former Finance Minister P Chidambaram has called the Economic Survey 2025 a 'powerful indictment' of the Modi government's economic policies, citing key observations by the Chief Economic Advisor
 "CEA's 'get out of the way' advice to govt most sensible: Ex-FM Chidambaram")
Tourism industry regains 5% GDP contribution in FY23: Economic Survey
Religious tourism accounts for over 60 per cent of domestic travel in India, according to a report by KPMG
 "Tourism industry regains 5% GDP contribution in FY23: Economic Survey")
Economic Survey lauds Tamil Nadu's moves to attract global majors like Nike
The survey also highlighted the state's innovative public education scheme Illam Thedi Kalvi (Education at Doorstep)
 "Economic Survey lauds Tamil Nadu's moves to attract global majors like Nike")
India sees 17.9% increase in FDI inflows, at $55.6 bn in Apr-Nov in FY25
Economic Survey 2025: India's foreign direct investment between April 2000 and September 2024 surpassed the $1 trillion mark
 "India sees 17.9% increase in FDI inflows, at $55.6 bn in Apr-Nov in FY25")
