The quality of government expenditure has seen significant improvements, with a focus on capital outlays. The Finance Minister announced a 17.1 per cent increase in capital expenditure for FY25, reaching USD 11.1 lakh crore, or 3.4 per cent of GDP
Read MorePiyush Goyal says, "Manufacturing also kept pace and has almost doubled in the last ten years"
Read MoreEven as the merchandise trade deficit has come under some pressure, robust services exports and healthy remittances flow should help keep the CAD in the safe zone this fiscal, says Crisil Ratings
Read MoreBrokerage firm Morgan Stanley has upgraded the ratings of JSW Steel and Jindal Steel and Power from 'equal-weight' to 'overweight,' while also raising Tata Steel’s rating to 'equal-weight' from 'underweight'
Read MoreThe rating agency's outlook also factors the projected lowering in the general government debt, and continued focus on fiscal consolidation
Read MoreAccording to the central bank’s latest balance of payments data, income from reserve assets surged to USD 4.1 billion, up from USD 2.7 billion in the same quarter last year
Read MoreThese investments will provide crucial support to small businesses, women entrepreneurs, climate-focused ventures, and key sectors like agriculture, healthcare, and electric vehicles.
Read MoreThe industry revenues pegged to grow at 6 to 9 per cent in FY2025 amid a competitive pricing environment, says Icra
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