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…
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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…
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…
Emerging Genetic Technologies: A Catalyst for Modern Economic Transformation
In an era defined by rapid technological evolution, the emergence of advancedgenetic technologies is revolutionizing industries and reshaping the global economy.From healthcare breakthroughs to sustainable energy solutions, innovations such asCRISPR, mRNA vaccines, and synthetic biology are not only addressing pressingglobal challenges but also unlocking unprecedented business opportunities. Thesedevelopments signal a…
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…
Transforming Manufacturing with Generative AI
The manufacturing sector stands on the brink of a significant transformation with the advent of generative artificial intelligence (AI). The Confederation of Indian Industry (CII) and Accenture’s latest report, Transforming Manufacturing with Generative AI, delves into the immense potential of this technology to redefine traditional paradigms and create new opportunities…
Industry 4.0 Adoption: Paving the Way for Indian Manufacturing
India is at the cusp of an industrial transformation fueled by Industry 4.0 technologies such as IoT, AI, robotics, and advanced analytics. The Confederation of Indian Industry (CII), in collaboration with KPMG, has presented a comprehensive report titled Industry 4.0 Adoption and Strategic Roadmap for Indian Manufacturing. This report provides…
Startup India: Catalysing economic growth and innovation
India has earned its place as the 3rd largest startup hub globally, with over 100 unicorns shaping the future of innovation and entrepreneurship. Recognised as a powerhouse of entrepreneurial spirit, the country boasts of 157,066 startups acknowledged by the Department for Promotion of Industry and Internal Trade (DPIIT) with more…