India and Italy can together push the knowledge envelope
03 Dec 2018 If India is to emerge as a leading player in the evolving global knowledge economy, it must foster its technology and innovation capabilities. One way of doing this is to develop partnerships with global leaders in these areas. An excellent partner in technology and innovation for India could be Italy, and the […]
The focus on fiscal prudence is welcome
07 Jul 2019 The first Budget of the new government, slated for the remaining nine months of this fiscal year, had numerous challenges to address, both on the domestic front and the external front. With a tight adherence to fiscal prudence norms, Finance Minister Nirmala Sitharaman has taken firm steps to achieve the new horizons […]
Budget to take India on the path of inclusive growth
09 Jul 2019 The Union Budget 2019-20, the first Budget of the newly elected government, has been announced at a time when our macro-economic milieu continues to be domestically and globally challenging. The ongoing economic slowdown and the accompanying worries — sluggish industrial and manufacturing production, subdued consumption and tepid investments as well as farm […]
Keeping the Liquidity Taps Open
05 Dec 2018 The financial sector today represents the very foundation of an economy and its smooth functioning is crucial to enabling industry to achieve its full potential. Recent developments such as exchange rate fluctuations, rising non-performing assets (NPAs), and upcoming loan repayments have eroded the liquidity balance in the Indian financial markets. For industry, […]
The auto sector’s revival holds the key to India’s $5 trillion economy
06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in the second half of 2018, […]
Corporate Connect with Start-ups
27 Dec 2018 Start-ups script the saga of success for a thriving economy. In today’s world, they are the new avenues for creating significant wealth, while simultaneously generating sizeable employment in the quickest possible time. Indian start-ups are deploying different business models, converging market acumen with technological expertise. Some start-ups operate on the new service […]
GST Will Improve Our Competitiveness
14 Jan 2019 The economy will benefit as the tax is ushering in higher transparency, lowering transaction costs and improving compliance Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services under the composition scheme, […]
A roadmap to boost growth, investments in J&K, Ladakh
17 Aug 2019 The Jammu and Kashmir (J&K) region has immense potential for development and is one of the most attractive tourist destinations in India and across the world. Endowed with abundant natural resources and a rich labour pool, the J&K region has potential to grow. With a population of 1.47 crores, the economic and […]
Stimulus package is a well-designed boost for economy
03 Sep 2019 Given that the economy had been suffering from a complex set of problems, the finance minister (FM) did well to announce an array of measures to bring relief. The interventions were well thought out, as they addressed key concerns in the economy. Further, the measures did not amount to a traditional fiscal […]
FDI easing, other steps may help revive growth
16 Sep 2019 A multitude of prompt economic measures were announced by the government recently to jumpstart investments and bring the economy back on a solid growth track. These measures will infuse greater investor confidence and encourage investments in the economy. Industry is greatly heartened by the fact that the government is cognizant of various […]