India-Saudi Arabia discuss potential partnerships across sectors including pharmaceuticals, automobiles and petrochemicals, each seen as critical for both economies
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The data indicates steady revenue inflows and expenditure as it progresses through the fiscal year
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Across India, trade groups have been encouraged to prioritise items crafted by local communities, thereby supporting small artisans
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While rural demand has shown resilience in the first half of the fiscal year, urban demand appears to have moderated slightly due to softer consumer sentiments, less footfall caused by unusually heavy rainfall, and seasonal periods where purchases are typically restrained
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IMF says the worldwide inflation fight Is largely over but warns of new threats
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India’s youth, aspiring population positions it to gain rapid and substantial returns from the government’s recent efforts in skill development
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The discussion highlights cross-border payment issues, complex customs procedures, and restrictive export policies as major barriers to global expansion
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Kant says, "That's a challenge, and to overcome that India needs to become a key part of the value chain"
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Deloitte's outlook remains optimistic due to several economic drivers that could enhance growth prospects
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Some high-frequency indicators have, however, shown a slackening of momentum in the second quarter of 2024-25 partly attributable to idiosyncratic factors like unusually heavy rains in August and September
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