Over the past decade, the BSE Sensex and Nifty have closed lower on five and six occasions, respectively, with the last three budgets seeing weaker sessions for Nifty on budget day
More courts, more benches, and better infrastructure were promised, but execution has been sluggish. Without immediate investment in strengthening the NCLT’s capacity, the backlog will only worsen, defeating the very purpose of the IBC
According to the survey, corporate profitability soared to a 15-year peak in FY24, fuelled by robust growth in financials, energy, and automobiles.
India’s foreign exchange reserves increased from $616.7 billion at the end of January 2024 to $704.9 billion in September before moderating to $634.6 billion as on January 3, 2025
Rural demand is strong and expected to continue, urban demand shows a mixed picture, calling for moderation of expectations of a generous budgetary demand stimulus
If liquidity has to enter corporate bond markets, problems such as entry costs, information asymmetry and the absence of a secondary market must be addressed, the survey has said
The survey noted that the concerns remain amid manufacturing growth 'deceleration' during the first half of the ongoing fiscal year, in an 'unsupportive' global environment.
The call for an economic revival also brings afresh memories of the landmark 1991 Budget which was presented by late former finance minister Manmohan Singh.
Finance Minister Nirmala Sitharaman will present her eighth consecutive Budget in the Parliament on February 1, 2025
The inability to interpret AI-driven decisions can erode trust and complicate regulatory oversight. Additionally, the risks of synthetic identity fraud, rogue trading, and over-reliance on AI threaten financial stability, the survey notes.
However, the economic survey stated that the addition of transmission lines was affected by the heavy monsoon conditions that hampered work.
However, striking an optimistic note, the survey says the slowdown in investment activity is likely temporary.
Overall bank credit growth had slowed to 7.7 percent, a clear reflection of the impact of higher lending rates stemming from monetary policy adjustments and the RBI's regulatory tightening, the report says
Several new-age companies including Ola Electric, FirstCry, Unicommerce and GoDigit went public giving investors such as SoftBank and others handsome exits during the period.
In anticipation of budget announcements, most railway stocks were trading in the green on January 31.Here are some of the stocks to watch out for on budget day.
CEA V Anantha Nageswaran on Friday addressed a presser and said, "Deregulation is not only about ease of doing business, it is also a pathway to employment".
Calling for Ease of Doing Business 2.0 reforms, the Economic Survey highlighted the need to achieve growth rates of 8 percent for a decade or two to achieve the goal of Viksit Bharat.
The survey emphasised that the path to further industrialisation hinges on deregulation, R&D, and upskilling the workforce. "A strong commitment to R&D should be ingrained in industry’s core values, as it is essential for global competitiveness and profitability," it added.
The RBI in December announced an increase in the interest rate ceiling on FCNR- B deposits with maturities of 1 to 3 years and 3 to 5 years
It also pointed out that restrictive trade policies such as European Union's Carbon Border Adjustment Mechanism (CBAM) have the potential to restrict India’s exports and widen the current account deficit at a time when the net foreign direct investment into the South Asian nation is declining.
The survey points out India’s heavy dependence on Chinese supply chains, particularly for solar energy components like polysilicon, wafers, and batteries.
Economic Survey sounds siren on protectionism and supply chain disruptions; industry needs to pick the tab on investment; jobs face AI reckoning.
According to the survey, women have been key beneficiaries of various government initiatives designed to foster entrepreneurship in India.
Economic Survey 2024-25 states that the slowdown in investment activity is ‘likely temporary’. Green shoots in capital formation ‘visible’.
The survey says it will also require appropriate skilling and education for India’s youth to take advantage of technological advances such as artificial intelligence.