Search For "ey report"
India must achieve tax buoyancy of 1.2-1.5 to reach 6.5-7.0% growth: EY re
Updated : 1 year ago IST
India has to maintain tax buoyancy between 1.2 and 1.5 in order to fulfil its Viksit Bharat vision and reach a medium-term growth trajectory of 6.5-7.0, said an Ernst & Young (EY), a multinational professional services firm.
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GenAI to boost productivity in India by 35% to 37% in next 5 years: EY Ind
Updated : 1 year ago IST
The implementation of Generative Artificial Intelligence (GenAI) is forecasted to boost retail productivity by 35 to 37 per cent within the next five years, according to EY India's latest report.
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20 per cent capex growth crucial for boosting India's GDP: EY report
Updated : 1 year, 1 month ago IST
The government is expected to continue on its fiscal deficit reduction path, bringing it down to 4.4 per cent of GDP in FY26. A strategic focus on investment and spending reforms will help balance fiscal prudence with economic expansion.
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GenAI to transform 38 million jobs in India by 2030, boost productivity: E
Updated : 1 year, 1 month ago IST
GenAI adoption could enhance India's economic productivity by 2.61 per cent in the organised sector, with an additional 2.82 per cent boost achievable if adopted widely by the unorganised sector.
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Tourism and hospitality sector poised for 61 lakh new jobs by 2036-37: CII
Updated : 1 year, 2 months ago IST
The tourism and hospitality sector is projected to require an additional 61.31 lakh workers to cater to increasing tourism activities by 2036-37, according to a joint report by The Confederation of Indian Industry (CII) and EY.
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India poised to capture 10-12 pc of global MedTech market in 25 years: EY
Updated : 1 year, 3 months ago IST
India is set to significantly expand its presence in the global medical technology (MedTech) industry, increasing its market share from the current 1.6 to 10-12 per cent over the next 25 years, according to a report by EY India.
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With cost pressures mounting, 91% of Indian firms plan finance budget redu
Updated : 1 year, 3 months ago IST
The cost pressures have emerged as the top concern for Indian companies, as 91 per cent companies are planning to reduce their tax and finance budgets, reflecting the impact of financial strain on corporate operations, said EY report.
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Low penetration of electrical appliances in India compared to global avera
Updated : 1 year, 3 months ago IST
India's consumer durables market holds immense growth potential due to lower penetration of electric appliances compared to the global average, according to a report by the Confederation of Indian Industry (CII) and EY India.
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India's 7pc+ FY25 growth target relies on robust investment, inflation con
Updated : 1 year, 4 months ago IST
Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising inflation.
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India and China drive shift from G7 to BRICS in global trade dynamics: EY
Updated : 1 year, 4 months ago IST
The growing influence of countries like India and China is reshaping the global economic landscape, shifting the focus from G7 nations to the BRICS alliance, according to a recent report by EY India.
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Private credit market in India sees robust growth in H1 CY2024 with USD 6
Updated : 1 year, 6 months ago IST
The momentum seen in H1 CY2024 has already outpaced the deal flow of the previous year, showcasing the growing interest and activity in the private credit sector.
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EY report urges boosting rural AI startups, ethical frameworks, AI educati
Updated : 1 year, 9 months ago IST
The EY report emphasizes encouraging rural innovation, implementing ethical AI frameworks, and promoting AI education as key pillars for driving societal impact.
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