Tag: India Economy
Third Modi Govt will present comprehensive budget for 2024-2025 after LS poll : Suvendu
Key TakeawaysThe third Modi government will present a comprehensive budget for 2024-2025 after the Lok Sabha election.The budget raises CAPEX target by 11.1% to...
No change in tax rates proposed in Budget, capex raised to boost growth and jobs
Key TakeawaysBudget 2024 focuses on capex to boost economic growth and jobs.Finance Minister Nirmala Sitharaman presented Budget 2024 with no change in tax rates.The...
India has transformed from a ‘fragile five’ to a ‘top five’ economy: President Murmu
Key TakeawaysIndia has transformed from a 'fragile five' to a 'top five' economy, with significant achievements in digital transactions, health, and infrastructure.The government has...
India’s manufacturing PMI slips to 18-month low of 54.9 in Dec: S&P Global
Key TakeawaysIndia's manufacturing sector continued to expand in December, but at a softer pace.HSBC India Manufacturing PMI slipped to an 18-month low of 54.9...
India’s current account deficit widens to $9.2 billion QoQ in June quarter
Key TakeawaysThe current account deficit rose to $9.2 billion in Q1 FY24, driven by a larger trade deficit.Net services receipts fell, while the crude oil...
