Page 9 - India Economy

Centre may not go for 60% borrowing in the first half of FY23

Rethink on proportion on back of Fed tightening, high oil prices

A change of course on privatisation

The modest targets reflect a welcome embrace of pragmatism in the govt's economic policy

Railways on divergent tracks: Gap between forecasts and reality is widening

The gap between forecasts and reality is widening for India's largest public-sector operator

RBI monetary policy: Rates kept unchanged for continued support to economy

RBI monetary policy 2022: 'India is charting a different course of recovery than the rest of the world, to be the fastest-growing economy,' says RBI governor

Hiring up two fold after Covid-19 lockdown: PM Modi in Parliament

Humanity has not seen any challenge like pandemic in the last hundred years, he says.

India's proposed digital rupee needs more thought and less haste

One gain from the asset will be for Indians working abroad, sending money home will become simpler and cheaper.

Digital activity helps track data on economy

Technology is now coming to the rescue of decision makers who need current data about the multiple dimensions of a rapidly changing economy

Budget 2022-23: Directors may face tax recovery heat, say experts

The proposal in the Finance Bill to amend provisions of Section 179 of the Income Tax (I-T) Act from April 1, 2022, could increase risks for directors of medium and small-sized firms, said experts.

LIVE: Rahul says judiciary, EC instruments of destroying voice of states

'Not only as India's Law Minister but also as an ordinary citizen, I condemn what Rahul Gandhi has said about India's judiciary and EC. Rahul Gandhi should immediately apologise,' tweets Kiren Rijiju

Higher public investment to stimulate demand, generate jobs: DEA Secretary

The Budget proposals seek to stimulate the economy by stepping up public investments, which will create demand for industrial inputs and generate jobs, Economic Affairs Secretary Ajay Seth said.

Focus of Budget on basic amenities for poor, middle class, youth: PM

In his address on 'Aatmanirbhar Arthvyavastha' at a BJP event, he said that post-Covid, the possibility of a new world order is emerging and the initial indicators of it are already visible

Industry hails infrastructure push through Gati Shakti, PPP in Budget

Industry players on Tuesday hailed the announcements for the infrastructure sector in the Union Budget and said the proposal to fund infrastructure through 'Gati Shakti' and public private partnerships will mark the escalation of economic prosperity. Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022 in Parliament. "One of the strongest parts of this Budget is the government's renewed commitment with its continued investment in strengthening the country's infrastructure. The proposal to fund infrastructure through PM Gati Shakti, Public Private Partnerships, etc. will mark the escalation of economic prosperity. "Overall, the budget seems to have given a booster dose to facilitate faster economic growth of the nation; roads is definitely one of the prominent sectors to get deserved focus through adequate funding," IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said. According to EY India Tax Partner Infrastructure Samir ..

Budget 2022: India may become $5-trn economy by FY26 or FY27, says CEA

In 2019, Prime Minister Narendra Modi envisioned to make India a $5 trillion economy by the Financial Year 2024-25

Budget 2022: FM unveils plan to fire economic engines to sustain recovery

Sitharaman said her budget proposals will directly benefit the country's youth, women, farmers, as well as public and private investment

Budget lacks major steps to enhance revenue to off-set spending: Moody's

Deficit target of 6.4% poses uncertainty due to pandemic risks

Factory growth slowed to 4-mth low in Jan; inflation fears hit confidence

The Manufacturing Purchasing Managers' Index, compiled and collected by IHS Markit from Jan. 12-25, fell to 54.0 in January from Dec's 55.5.

Budget for world's fastest growing economy: Key numbers to be watched

The Budget is widely expected to boost spending towards policies that create jobs, boost manufacturing, helping rural and agri-economy and infrastructure creation

Economic Survey forecasts 8%-8.5% GDP growth for FY23 ahead of Budget

Govt finances to witness consolidation in 2021-22, after uptick in deficit and debt indicators during pandemic year FY21, says Eco Survey

Economy in stagflation; Budget must tax the wealthiest: Jayati Ghosh

Economy faces 'massive problem' of poor demand and corporations acknowledge that, says the economist.

Inflation is BJP's biggest political problem, making voters sullen

Budget 2022 needs to change opinion in the country, if only to divert attention from unemployment and inflation.