Policy on derivatives needs to be informed by the evolution of these markets in India and the benefits of risk management
In an era when global economic growth is likely to be buffeted by geopolitical tensions and protectionism, growing India's exports of goods and services will be a stiffer challenge than before
PM Modi, in the two-day meeting of the BJP Chief Ministers' Council that concluded on Sunday, said that the conservation of heritage and building a legacy of development
Budget proposal to promote investments, create jobs, say industry players
It places special emphasis on education, employment generation and skill development recognising these as crucial components for sustainable economic growth and social welfare
The budget had a strong focus on employment generation with measures including a wage incentive for first-time employees entering the formal sector
The 2024 budget highlights ongoing efforts in nine strategic areas aimed at generating abundant opportunities for everyone
This Budget has taken steps to ease access to educational loans
The MSME sector is the backbone of our economy, and I truly believe that for India to achieve its dream of becoming a US$5 trillion economy, this sector needs to be well supported
India's FY25 capital expenditure outlay is maintained at Rs 11.11 trillion, in line with the Interim Budget and up from last year's estimate of Rs 9.5 trillion
This could be a disadvantage for the Indian economy, mentions the survey
The Survey said the global trade outlook for 2024 remains positive, with merchandise trade expected to pick up after registering a contraction in volumes in 2023
Public policy should pay particular attention to boosting the tourism sector, Survey notes
While services exports may continue to have a competitive advantage, future growth will hinge on domestic consumption and investment demand
Foreign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Additionally, the anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said. Going forward, if the recent trend of weakness in dollar and bond yields persists, FPIs are likely to continue their buying in the market, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Domestic and foreign investors are keenly watching for possible tweaks in the long-term capital gains tax in the Budget to be presented on July 23, he added. According to the data with the depositories, Foreign Portfolio Investors (FPIs) have made a net inflow of Rs 30,772 crore in equities this month (till July 19). This came following an inflow of Rs 26,565 crore in equitie
The real estate sector, which at one point accounted for a quarter of China's gross domestic product, was mentioned just once in the nearly 4,000-word announcement
Government intervention during the pandemic seemed conscious of the fact that India's fiscal position was not very strong at the beginning of the crisis
Here is the best of Business Standard's opinion pieces for today
India has a limited window of growth
The primary hurdle of the 2047 development goal lies in job creation for surplus agricultural workers and fresh workforce entrants