Prime Minister Narendra Modi’s brief and official working visit to the United States last week was significant in many ways, reiterating the strong bonds between the two nations and igniting a new momentum in the economic relationship. The visit was replete with productive outcomes for industry of both sides, with…
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AI for industrial competitiveness: India role rises in global landscape
Artificial Intelligence (AI) is rapidly transforming industries, reshaping global competitiveness and fostering economic growth. Across sectors such as manufacturing, healthcare, agriculture, finance, and retail, AI is unlocking efficiencies, enabling predictive analytics, and driving automation. For India, AI is not merely a technological advancement but a strategic imperative that has the…
Ease of doing business gets fresh impetus
Over the past decade, the government has consistently demonstrated its commitment to improving the Ease of Doing Business (EoDB) in India by rationalising regulatory burdens and promoting a more business-friendly environment. The government’s efforts in the past have already led to the rationalisation of over 40,000 compliances at the pan-India…
Fuelling the growth engines with reforms
In her eighth consecutive Budget, a first in independent India, the Finance Minister has presented a timely document that addresses the short-term challenges faced by the Indian economy while maintaining focus on the long-term goal of making India a developed country by 2047. After three years of robust growth, FY25…
FM lays down a transformative blueprint for India’s growth
The Union Budget 2025-26, unveiled by finance minister Nirmala Sitharaman, adeptly navigates the imperative of addressing immediate economic priorities while charting a path towards India’s long-term aspiration of becoming a developed nation by 2047. Staying firm on its commitment to fiscal discipline, the Budget tackles the temporary slowdown in consumption…
FM focuses on critical growth levers in 2025 budget to drive inclusive development
The Finance Minister, while presenting her eighth consecutive Budget on February 1, 2025, unveiled a range of growth-enhancing measures that will go a long way in realizing India’s vision of a ‘Viksit Bharat’ by supporting inclusive growth and development, while promoting livelihoods and employment. Bold initiatives including the huge income…
The budget will help drive India’s expansion in challenging times
Finance minister Nirmala Sitharaman has presented a strong Union budget for 2025-26. It comes at a time of high uncertainty linked to global events, slowing domestic demand and a challenging fiscal outlook. Not only does it recognize the challenges, but also lays a roadmap for strong, inclusive and sustainable economic…
Growth-oriented, Reform-focused & Fiscally Prudent
The budget comes at a time of heightened global uncertainty and geo-economic fragmentation. In this backdrop, finance minister Nirmala Sitharaman chose to deliver a growth-oriented and reform focused budget that kept the economy on a fiscally prudent path. The highlight of this year’s budget was the focus on encouraging consumption…
Budget 2025-26: Growth-oriented budget with focus on consumption and consolidation
Finance Minister Ms. Nirmala Sitharaman presented a holistic, inclusive and development-oriented budget focused on boosting economic growth and generating employment, supported by wide-ranging measures that invest in people, economy, and innovation. This year’s Budget focused on four powerful engines of growth, and introduced reforms for agriculture, MSMEs, investment, and exports. On the…
Budget focus on tourism, retail & textiles crucial to generate jobs
India, now the world’s most populous nation with 1.45 billion people, stands at a pivotal moment in its history. This demographic milestone presents a unique opportunity to harness the potential of its vast workforce. To fully capitalise on this demographic dividend, it is imperative to create large-scale employment opportunities. Four…