Understanding and aligning with dynamic global regulations and compliance is essential for any organisation to remain competitive and ensure long-term sustainability. At the same time, stakeholders are increasingly pressing organisations to adopt sustainable and inclusive business practices. ESG reporting frameworks have become critical for the Industry’s sustainability and resilience strategies,…
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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…
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…
Time to boost demand drivers of growth
Booster Dose, Increased allocations towards PM-KISAN and MGNREGA in the upcoming Budget can spur growth Amidst global uncertainties, the Indian economy has demonstrated remarkable resilience, with its real GDP averaging 8.3 per cent in the last three fiscal years. However, a few signs of moderating economic momentum have emerged, as…
How Can Indian Businesses Create Resilient Global Value Chains?
In an increasingly interconnected world, the global economy is shaped by complex networks of production and trade, known as global value chains (GVCs). For Indian businesses, participating in and shaping resilient GVCs is critical for sustained growth, competitiveness, and economic development. However, the disruptions caused by events such as the…