The private sector is not only investing more to power GDP growth than the public sector, but is saving more as well. The government needs to take action before PSUs, the traditional economic mainstays, lose more momentum.
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India’s PV sales dip 6.7% in June as overall auto retail growth modest
PV sales fell 7.8% and overall auto retails dipped 9.29% on a month-on-month basis in June; dealer feedback across segments remains cautious
![Focus on MSMEs to rebalance economy: Amitabh Dubey](https://images.assettype.com/fortuneindia%2F2024-07%2Fb14dd04c-0656-4da5-bb92-335334d58e73%2FAmitabh_Dubey.jpg?w=300&q=95)
Focus on MSMEs to rebalance economy: Amitabh Dubey
In the pre-budget roundtable of Fortune India, Dubey said the government needs to focus on the MSMEs as large businesses have already been provided multiple benefits such as PLIs and tax cuts.
![India's fintech space among top 3 globally despite 59% dip in H1 funding](https://images.assettype.com/fortuneindia%2F2023-07%2F7a33209c-3aef-4c51-8640-2b2f00ae3eeb%2FFintech_2.jpg?rect=0,0,2602,1301&w=300&q=95)
India's fintech space among top 3 globally despite 59% dip in H1 funding
Early-stage rounds record $179 million in funding in H1 2024, a significant 50% dip from H1 2023; seed-stage funding records a 43% fall YoY
![UPI gets Paris push as service launched at famous Galeries Lafayette store](https://images.assettype.com/fortuneindia%2F2021-12%2Faabe8cda-0bd0-453b-b5df-01a7bc6d8b5f%2FUPI.jpg?rect=0,83,2048,1024&w=300&q=95)
UPI gets Paris push as service launched at famous Galeries Lafayette store
UPI service launched ahead of the start of the Paris Olympics 2024 on July 26; NPCI also ties up with Network International in UAE
More FromMacro
![India’s PV sales dip 6.7% in June as overall auto retail growth modest](https://images.assettype.com/fortuneindia%2F2022-02%2Fba3dab9b-a28f-40c0-a63a-4a1d231fb9b1%2Fauto_industry.jpg?w=300&q=95)
India’s PV sales dip 6.7% in June as overall auto retail growth modest
PV sales fell 7.8% and overall auto retails dipped 9.29% on a month-on-month basis in June; dealer feedback across segments remains cautious
![Focus on MSMEs to rebalance economy: Amitabh Dubey](https://images.assettype.com/fortuneindia%2F2024-07%2Fb14dd04c-0656-4da5-bb92-335334d58e73%2FAmitabh_Dubey.jpg?w=300&q=95)
Focus on MSMEs to rebalance economy: Amitabh Dubey
In the pre-budget roundtable of Fortune India, Dubey said the government needs to focus on the MSMEs as large businesses have already been provided multiple benefits such as PLIs and tax cuts.
![India's fintech space among top 3 globally despite 59% dip in H1 funding](https://images.assettype.com/fortuneindia%2F2023-07%2F7a33209c-3aef-4c51-8640-2b2f00ae3eeb%2FFintech_2.jpg?rect=0,0,2602,1301&w=300&q=95)
India's fintech space among top 3 globally despite 59% dip in H1 funding
Early-stage rounds record $179 million in funding in H1 2024, a significant 50% dip from H1 2023; seed-stage funding records a 43% fall YoY
![UPI gets Paris push as service launched at famous Galeries Lafayette store](https://images.assettype.com/fortuneindia%2F2021-12%2Faabe8cda-0bd0-453b-b5df-01a7bc6d8b5f%2FUPI.jpg?rect=0,83,2048,1024&w=300&q=95)
UPI gets Paris push as service launched at famous Galeries Lafayette store
UPI service launched ahead of the start of the Paris Olympics 2024 on July 26; NPCI also ties up with Network International in UAE
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