Financial Insights That Matter Getty Images The federal government has announced measures to counter slowing growth Indian Prime Minister Narendra Modi’s coalition government has unveiled its first full-year budget after his party lost an outright majority in parliament last year. Finance minister Nirmala Sitharaman announced measures to counter slowing growth, rising prices and flagging consumption […]
Financial Insights That Matter By Aftab Ahmed and Ira Dugal MUMBAI (Reuters) -India’s annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi’s third term, it will set the tone for how the world’s fifth-largest economy confronts slowing growth and sagging markets. But the […]
Financial Insights That Matter After the space sector, India opened up its last frontier, nuclear power, to private investments with an immediate market potential worth $125 billion. In a phased manner, private and foreign capital will be channelled to replace heavily polluting coal-fired power plants with a fleet of nuclear reactors and thereby decarbonize its […]
Financial Insights That Matter NEW DELHI — Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In her budget speech, Finance Minister Nirmala Sitharaman said the government is focused on […]
Financial Insights That Matter (Refiles to remove repeated alerts at top of text) By Aditya Kalra, Arpan Chaturvedi and Aditi Shah NEW DELHI (Reuters) -Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi’s import taxation rules for car parts and will […]
Financial Insights That Matter India is set to achieve its highest single-year GDP addition of $383 billion in 2025, according to estimates from the International Monetary Fund (IMF). This figure will be a record for India, except for the post-Covid surge in 2021. Despite India’s projected growth rate of 6.5% in 2025, surpassing China’s 4.5%, […]
Financial Insights That Matter After the space sector, India opened up its last frontier, nuclear power, to private investments with an immediate market potential worth $125 billion. In a phased manner, private and foreign capital will be channelled to replace heavily polluting coal-fired power plants with a fleet of nuclear reactors and thereby decarbonize its […]
Financial Insights That Matter (Bloomberg) — India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen. Most Read from Bloomberg Individuals with annual income up to 1.2 million rupees will effectively be exempt from paying […]
Financial Insights That Matter Mumbai: With technological advancements, the Indian financial sector is witnessing a digital transformation that has enhanced efficiency and accessibility and increased exposure to diverse cyber threats, said the Economic Survey 2025 on Friday. “These threats, ranging from phishing and ransomware to Distributed Denial of Service (DDoS) attacks, SMSing, and fake/malicious mobile […]
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