24 Jan 2023 The Finance Minister Ms Nirmala Sitharaman will be presenting her fifth Union Budget on 1st February. She has displayed a keen understanding of the macroeconomic backdrop, crafting her Budgets in line with the requirements of the economy. In particular, her mini-Budgets announced during the pandemic have been…
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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…
Globalisation Is Our Business
20 Dec 2022 The B20 India business agenda is aligned to India’s G20 presidency of taking all countries forward. With India assuming G20 presidency from December 1, the premier international forum’s engagement groups have also been handed over to India. India has, thus, taken over the baton of B20, the business engagement…
India’s Evolving Supply Chain Landscape
15 Dec 2022 The Global economy has been witnessing unprecedented changes in a post-COVID world. With the current spate of global inflationary trends, global growth has suffered considerably, but India has emerged as a stronger and more resilient global player. It is high time that the Indian MSMEs make…
India’s Foreign Trade Witnessing Steady Growth
29 Nov 2022 The world is witnessing a ‘polycrisis situation’ which involves a plethora of challenging situations including high inflation, tightening of monetary policies, high interest rates, affected global supply chains, after-effects of the COVID-19 pandemic and the Russia-Ukraine war. Despite all the challenges, India has achieved much in the last decade. The country’s long…
Moving Towards a Circular Economy Through Innovative 3R Approaches
22 Nov 2022 The world is adopting newer, innovative, cost-effective approaches and solutions to address the growing menace of waste. It is important for a country like India, where the population is very large and waste management practices are not yet fully adhered, to adopt innovative and scientific management of…
India Making Strides in the Renewable Energy Sector
04 Nov 2022 Oil shocks during the 1970s and the resulting adverse impact on the balance of payment arising from the sudden price rise and supply uncertainty drove India’s focus on renewable energy for achieving energy self-sufficiency. The Commission for Additional Sources of Energy was created within the Department of…
Advanced Materials: For Propelling India’s Technological Leadership
02 Nov 2022 On the occasion of the 75th anniversary of our Independence, our Honorable Prime Minister, Shri Narendra Modi, while addressing the Nation from the ramparts of the Red Fort added Jai Anusandhan to the slogan of ‘Jai Jawan, Jai Kisan, Jai Vigyan’. He called for a strong push to India’s research…
CII National Export Summit 2022: Harnessing India’s Exports Potential
19 Oct 2022 The Indian economy has steadily progressed despite various global headwinds, including the pandemic, the Russia-Ukraine war and geopolitical challenges. With a GDP growth rate of 8.7% in FY22, India envisions a plethora of new opportunities with a predictable, progressive and inclusive policy environment. Exports have been a…