New Delhi: The Congress alleged on Monday that the Economic Survey released by the government presented a “cherry-picked” view of the economy and claimed that India is experiencing its “most precarious and difficult” economic situation in many years. Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24, along with the statistical appendix, in the Lok…
New Delhi: Capital markets are becoming more prominent in India’s growth story, with an expanding share in capital formation and investment landscape on the back of technology, innovation and digitisation, according to the Economic Survey 2023-24 tabled in Parliament on Monday. Further, Indian markets are resilient to global geo-political and economic shocks. Despite heightened geopolitical…
New Delhi: Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha. The survey stated that the GDP is expected to grow between 6.5 and 7 per cent in 2024-25. The Economic Survey is an annual document presented by the government ahead of the Union…
New Delhi: Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India’s first full-time woman finance minister when Prime Minister Narendra…
Nagpur: Days ahead of the Union Budget, Road Transport and Highways Minister Nitin Gadkari on Saturday said India needed flexible economic policies to promote growth, and a socio-economic model that can boost job creation and reduce disparity. The senior BJP leader was speaking at the launch of “Made in China”, a Marathi book written by…
Mumbai: Governor Shaktikanta Das on Friday said the Reserve Bank’s relations with the government have been “smooth” during his nearly six-year term, and credited the close coordination between the two for the quick revival of the economy after the pandemic. Speaking at an event organised by Financial Express here, the bureaucrat-turned-central banker said nobody has expected…
New Delhi: The primary driver for the US recently passing the ‘Resolve Tibet Act’ is its “rivalry with China”, not any concern for Tibet, claimed former national security adviser (NSA) Shivshankar Menon. Speaking at the launch of former diplomat Dilip Sinha’s book “Imperial Games in Tibet: The Struggle for Statehood and Sovereignty” on Tuesday, Menon…
New Delhi: Apex IT industry body Nasscom has expressed deep disappointment and concern over Karnataka’s quota-for-locals bill mandating reservation for locals in private sector, and has exhorted the state government to withdraw the bill. Nasscom’s strong note of dissent assumes significance as it adds to the growing chorus of top industry voices, which have warned…
Bengaluru: The Karnataka cabinet has approved a bill mandating 100 per cent reservation for Kannadigas in private sector for Group C and D posts, Chief Minister Siddaramaiah said. The decision was taken at the Cabinet meeting held on Monday. “The Cabinet meeting held yesterday (Monday) approved a bill to make recruitment of 100 per cent…
New Delhi: The Narendra Modi-led NDA government on Tuesday reconstituted the NITI Aayog, with four full-time members and 15 union ministers, including from BJP allies, as either ex-officio members or special invitees. Prime Minister Narendra Modi remains the chairperson and economist Suman K Bery will continue to be the vice-chairperson of NITI Aayog, according to…
