The Indian economy is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges, as per the Economic Survey 2023-24 tabled in the Parliament on Monday.
"I would like to request all parliamentarians to participate in all discussions in the House, no matter how ideologically opposed they are. Opposite ideologies are not bad, but negative ideologies are. That is when the limit of thoughts come to an end. The country does not need negativity
Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget.
The Economic Survey 2023-24 will be presented in Lok Sabha at 1 pm and in Rajya Sabha at 2 pm, followed by a press conference by Chief Economic Adviser Anantha Nageswaran.
From the beginning of 2024, over 2,100 monitoring reports and preliminary surveys, and over 22,000 results of occupational environmental tests for chemical factors and noise, were reported to the administration.
Karnataka Minister Dinesh Gundu Rao said he hoped there would not be any discrimination against the state in the union budget as Karnataka is one of the biggest financial contributors to the Centre.
The average cost of equity in India is 14.2 per cent, up 40 basis points since 2021, indicating strong resilience, according to a survey by EY. It also noted that the equity market risk premium has steadily shrunk over the past surveys.
The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, will give insights into the state of the economy and various indicators of 2023-24 (April-Ma
The interim budget, tabled on February 1, took care of the financial needs of the intervening period until a government was formed after the Lok Sabha polls, after which a full budget was supposed to be presented by the new government.