Author
The writer is the Group Chief Economist, L&T
Acceleration in consumption and public investment along with a pick-up in private capex will help India grow at nearly 7 per cent in FY25
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Budget must continue to allocate money towards enhancing the safe speed limit for economic growth
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The Interim Budget endeavors to ensure that deficits and debt are on a sustainable path and at the same time achieve a sensible support to the growth momentum by way of focus on catalysing innovation, raising outlays on PLI schemes, Semiconductors, green investments, affordable housing and focus on Naari Shakti with its ‘Lakhpati Didi’ scheme
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India’s relative global standing has been bolstered by its economic resilience as well as its macro and financial stability and needs to be guarded at all costs to ensure the growth momentum and retain India’s standing as a positive outlier in a growth challenged world
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Here’s a look at a few mega events that were overwhelmingly forecast to happen and alter the course of the year 2023 but failed rather astonishingly
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Given the strong linkages of the US economy with the rest of the world as a key provider of dollar liquidity, the rising yields impact other economies by dulling the lure of local interest rates
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Given the strong linkages of the US economy with the rest of the world as a key provider of dollar liquidity, the rising yields impact other economies by dulling the lure of local interest rates, writes Sachchidanand Shukla
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