03 Mar 2023 Millets, also known as ‘Sri Anna’, are making a resurgence in line with the International Year of Millets declared by the United Nations. These grains, some of the oldest in the world, are rich in protein, fiber, minerals, iron, calcium and have a low glycemic index. Their short growing season…
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Budget Displays a Vision to Sustain Growth Amid Global Uncertainties
07 Feb 2023 The Union Budget 2023-24 was presented at a time when domestic growth drivers were reviving while global uncertainty continued to be high. At such a juncture, the Budget was expected to articulate a growth strategy, which it did. The finance minister focused on driving up public capital…
Budget 2023-24 Expectation: Increase Capital Expenditure Outlay by 35% to Boost Economy
31 Jan 2023 The Union Budget 2023-24 is being presented at a time when India is considered a beacon of hope amid a turbulent global economy. The 7 per cent expansion in the gross domestic product (GDP) estimated in FY’23, as per the first Advance Estimates, synchronizes well with market…
Budget Should Navigate Economy Against Global Challenges
30 Jan 2023 With less than a week to go, the last full Budget of the government has entered the last mile. Budget 2023-24 comes at a time when the global economic environment continues to be troubled. The confluence of global headwinds is triggering fears of an imminent global recession.…
India Needs ‘Growth’ Budget as Global Risks Get Amplified
17 Jan 2023 The forthcoming Union Budget, to be presented in Parliament by finance minister Nirmala Sitharaman on February 1, will be the first real post-Covid Budget and the last full-year Budget before the general election is announced. The macroeconomic backdrop is a challenging one, where domestic demand drivers are…
Invest to Draw In Investors
09 Jan 2023 Investors hope the budget will strike the right notes to revive demand and keep a firm focus on fiscal prudence. GoI should firmly adhere to the path of fiscal consolidation. This is eminently possible as the tax revenue is running well ahead of projections. The fiscal consolidation…
Budget Must Rationalise, Simplify Taxation
28 Dec 2022 The last few years have been truly tumultuous for the global economy, with unprecedented economic and geopolitical developments. Within this changing external scenario, the Indian government has done well to maintain stability in tax rates. Today, the country is recognised for its strong growth performance and continued…
Adaptation Plan to Tackle India’s Climate Risks
23 Dec 2022 Climate-related risks are on the rise, so companies need to upgrade operations, infrastructure and supply chains Recent UNEP estimations place adaptation financing requirements in the range of $140 billion to $300 billion by 2030 in developing countries alone. While international adaptation finance flows to developing countries reached…
India’s G20 Presidency is a Unique Opportunity for Businesses
30 Nov 2022 The leaders’ declaration of the G20 Summit held in Bali this month talked about an ‘unparalleled multidimensional crises’ period that the world is currently experiencing. It pledged to enhance public investments while promoting private investments and strengthening multilateral trade. Many of its policy actions relating to the…
CoP-27 has Thrown Up Plenty of Opportunities for Indian Industry
24 Nov 2022 Negotiations at CoP-27 this year were under the shadow of an increasingly complex geopolitical landscape that is causing global energy worries, and the summit concluded on Sunday, more than a day later than planned, with a breakthrough decision on establishing a loss- and-damage fund that will be…