Em-Powering India
31 Jan 2020 Power is one of the most crucial aspects of the infrastructure sector, on which depends a large part of a nation’s growth and development. India has a diversified power sector, with varied sources of power ranging from conventional sources including coal, lignite, natural gas, hydro, and nuclear power, to non-conventional sources such […]
Tomorrow’s businesses, The New Economic Catapult
19 Sep 2020 In today’s world, businesses have only two choices: Innovate or perish. For example, only 54 of the Fortune 500 companies (ranked by total revenues) from 1955 were still on the list in 2018, and hence the balance from those days have either ceased to exist, merged with (or were acquired by) others, or […]
Tax charter will help rebuild trust
02 Feb 2020 Union Budget 2020-21 is a laudable statement that extends across multiple touchpoints of industry concerns while providing a prudent stimulus to the economy. The overall philosophy of the budget of an aspirational India, economic development and a caring society in the backdrop of technology and youth is indeed very relevant in the […]
Transform the journey: Better commutes for all
22 Sep 2020 India has one of the largest road networks in the world, spanning over 5.8 million km. It comprises of national & state highways and urban & rural roads. National Highways Authority of India (NHAI) accomplished the construction of 3,979 km of national highways in the FY20, its highest ever construction in a […]
It’s a credible balancing act by a pragmatic FM
03 Feb 2020 Finance minister Nirmala Sitharaman has presented a focused, bold, pragmatic and growth-oriented Budget which has attempted a credible balancing act between scripting a blueprint for sustaining the growth momentum in the Indian economy on the one hand, while taking up issues of social inclusion on the other. Being embedded in the three […]
Confidence building measures in Budget enthuses industry
03 Feb 2020 The Union Budget has taken multiple measures that will build the confidence of industry. These include the measures to reduce tax harassment, to enhance contract enforcement, to decriminalise business laws and simplify the processes of tax payment. These measures will considerably improve the business environment in the country. Besides, the removal of […]
Budget sees fresh ideas to facilitate sustained growth
03 Feb 2020 The Budget for 2020-21 was presented under challenging circumstances. India’s real GDP growth has fallen to 5 per cent, the lowest in 11 years, reflecting a contraction in consumption and investment. Consumer inflation breached the RBI threshold of 4 per cent. Depressed business sentiments were further compounded by a slowdown in global […]
A holistic budget focused on boosting demand and reviving growth
03 Feb 2020 The Union Budget 2020-21 presented by Finance Minister Nirmala Sitharaman comes at a time when the Indian economy is facing considerable challenges from a growth slowdown. Rising to the challenge, an inclusive and a holistic budget was presented, keeping in mind all sections of the economy, which included comprehensive measures for […]
Budget 2020: FM had a tight rope to walk, and she did well
03 Feb 2020 The Union Budget, presented by finance minister Nirmala Sitharaman came at a time when the economy is projected to grow at an 11-year low of 5%. Loss of consumer demand, falling sales, struggling industries and falling credit growth have been staring in our faces. In light of these developments, the Union Budget […]
Global Economic Trends
24 Sep 2020 As nations across the globe entered or progressed through complete lockdowns during the Apr-Jun 2020 quarter, to contain the spread of the novel coronavirus, their economies suffered the worst contraction in decades during this time. Economic activity came to a grinding halt and private consumption slid as millions lost their jobs and […]