Both interest receipts and dividends, and the profit of the central government are expected to decline in FY23 by 16% and 29%, respectively. As a result, the non-tax revenue is projected to fall by 14% over the revised estimates of FY22.
Dividends and profits from public sector enterprises also include a surplus of the Reserve Bank of India (RBI) that is transferred to the government.
Dimon says the presence of multinational giants such as Mckinsey and Accenture as well as domestic conglomerates like Tata Group are driving up the optimism in India.
The total funding raised by agri-tech start-ups in India fell from $1.28 billion in FY22 to $706 million in FY23
The retail portion has been booked max 2.69 times, with bids placed for 6,66,22,878 shares of the total 2,47,78,761 shares on offer
RBI fines SBI with a penalty worth ₹1.30 cr for violations in ‘Loans and Advances’ and ‘Intra-Group Transactions’ rules
Dimon says the presence of multinational giants such as Mckinsey and Accenture as well as domestic conglomerates like Tata Group are driving up the optimism in India.
The total funding raised by agri-tech start-ups in India fell from $1.28 billion in FY22 to $706 million in FY23
The retail portion has been booked max 2.69 times, with bids placed for 6,66,22,878 shares of the total 2,47,78,761 shares on offer
RBI fines SBI with a penalty worth ₹1.30 cr for violations in ‘Loans and Advances’ and ‘Intra-Group Transactions’ rules
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