
Can Budget 2023 fulfil job creation promise?
The recently launched National Green Hydrogen Mission, with an outlay of 19,700 crores is expected to create over 6 lakh jobs
The recently launched National Green Hydrogen Mission, with an outlay of 19,700 crores is expected to create over 6 lakh jobs
EY India has said FY24 could be a challenging year for the government with the likely fall in the nominal GDP, which will restrain the fiscal elbow room for the government.
Growth in India is expected to pick up to 6.8% in 2024, with resilient domestic demand despite external headwinds, says IMF.
A panel of experts in Fortune India’s pre-budget roundtable has said that the government needs to focus on infrastructure creation.
Experts say scouting for economic growth, among other macro issues, is one of the key challenges for the country as the Budget 2023 nears.
India's GDP estimates for FY24 also slashed to 7.2% from 8.0%; ADB says inflation will remain elevated in this, next fiscal year
Jitendra Singh says the number of biotech start-ups in the country has increased from 50 to over 5,300 in the last 10 years and hoped the numbers will further increase to 10,000 plus by 2025
Absence of a sustained and meaningful reduction on food and energy commodities will cause current account deficit to widen in FY23, says finance ministry.
The rating also balances India's external resilience from solid foreign-exchange reserve buffers against some lagging structural indicators.
With RBI increasing rates, investment climate subdued and Ukraine war in full swing, government finds it hard to check inflation without hurting economic growth.