The upcoming Union Budget for FY26 is expected to focus on rural development, youth and women empowerment, fine-tuning the Employment Linked Incentive Scheme, and enhancing the skilling program according to a report by Yes Bank. Additionally, capital expenditure may shift focus to new sector
Adapting to climate change could lead to a "temporary and moderate economic slowdown" and cost France nearly one percent of its GDP by 2030, according to a report by the French Directorate General of the Treasury.
Kerala Finance Minister KN Balagopal has announced that Vizhinjam is poised to become India's largest port within the next decade, setting a new benchmark in the nation's maritime and port trade.
Phillip Capital projects the fiscal deficit for FY26 to range between 4.5 per cent and 4.6 per cent of GDP, while FY25 is expected to close slightly higher at 4.6 per cent-4.7 per cent.
New Delhi [India], January 27: India's residential real estate market is on the brink of a transformative era, with an ambitious vision to achieve a $40 trillion GDP by 2047, thereby positioning the sector as a crucial engine of economic growth. Further, with the nation poised to build 100 m
The report highlighted that this tariff war could lead to slower growth and potential trade tensions. It noted that these tariffs may cause a notable decline in the real GDP of the US, especially if trading partners retaliate.
Odisha has emerged as the top performer in the country for fiscal health in the Financial Year 2022-23, according to the recently released Fiscal Health Index (FHI) by NITI Aayog.
US President Donald Trump delivered virtual remarks to the World Economic Forum on Thursday and highlighted the swift changes he has brought into the American policies both at domestic and international level soon after assuming his second term as the President of the United States of Americ
Sachin Gupta, Chief Rating Officer, CareEdge Ratings, stated, "The budget is likely to focus on supporting consumption, boost manufacturing competitiveness to support job creation and tap the demographic potential, emphasis on agriculture via higher allocation for agri r&d, farmers' welf
Private investment in India is set to reach its highest level in eight years as a percentage of GDP in FY24, according to a report by the State Bank of India (SBI).
The report mentioned, "For the fiscal year 2025-26, Union budget will skilfully balance fiscal consolidation, and measures for advancing growth. We expect centre to achieve or maybe even undershoot (by ~10bps) its fiscal deficit target of 4.9 per cent ( per cent of GDP), owing to expected sa
Amid evolving economic conditions, Deloitte India, in its latest Economic Outlook, has revised its annual GDP growth projection for 2024-25 to 6.5-6.8 per cent, with expectations for 6.7-7.3 per cent in the following year.