Budget Boost To Consumption
Focus on jobs, MSMEs, rural sector and infrastructure is expected to fire up the domestic consumption engine amid slackening global growth.
Focus on jobs, MSMEs, rural sector and infrastructure is expected to fire up the domestic consumption engine amid slackening global growth.
The decision to distribute around ₹20,000 crore is expected to benefit 9.3 crore farmers.
PM Modi says the interim budget will set the guidance for the future.
Uttar Pradesh and Maharashtra are likely to be crucial to the election outcome, notes Morgan Stanley.
The blockade was unexpected as no warning was given by the lead Punjab Police escort that was 3-4km ahead of the main PM carcade.
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
The Prime Minister, while addressing the Nasscom virtual summit, urged Indian startup founders to think beyond valuations and exit strategies, and focus instead on creating institutions.
Finance minister Nirmala Sitharaman's Budget 2021 seizes the moment and unleashes a slew of measures to get the growth momentum back. This Budget is her boldest yet.
The survey sees GDP contraction at 7.7% for FY21, but says a V-shaped recovery is visible. Consequently, FY22 growth is pegged at 11%.
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.