Near-term consumption kicker in Budget 2024
Budget 2024-25: Fiscal benefits for creating new jobs and changes in the new income tax regime will put more money in the hands of a demographic with high propensity to consume
No major consumption boost in Budget, but Street remains optimistic
The Budget 2024 did not contain measures that could directly benefit consumer demand, preferring to invest in building blocks that could lead to future consumption opportunities
Did Budget 2024 just add to the woes of PSU banks?
FM Sitharaman’s Budget lacked any major banking sector reforms, except some finetuning of the IBC process. It’s a missed opportunity
With Budget behind, bond market’s fortunes now lie in the hands of foreign investors
A lower fiscal deficit target in the Union Budget 2024 should inspire any fence-sitting foreign investor to make a go for Indian bonds
Tax tweaks in Budget 2024 sabotage market sentiment
Budget 2024-25: Tax changes have punctured played the spoilsport and may succeed in keeping retail investors out of derivative markets
How traders are positioned ahead of the Budget trading
Budget 2024-25: Explosive movements typically mark budget days, with the market making swift and decisive shifts in one direction or the other
No need to raise capital gains tax for now
It could hit emerging equity culture, hurt foreign inflows. The government should hold its hand at this stage of the development of Indian stock markets and economy
Rural Consumption: Where are the gaps, asks Economic Survey 2023-24
The key takeaway from the Survey about rural consumption is that it is doing as well as it can and the main efforts should be focused on providing the masses with the right infrastructure, business opportunities, diversifying away from problem areas and encouraging more private investment in agriculture
Address bottlenecks to private sector participation in infra play: Economic Survey 2023-24
The survey points to the lack of an independent regulator for infrastructure, which will expedite resolution of litigations and any bottlenecks in these projects which have long-gestation periods
Economic Survey projects conservative growth forecast for FY25, but leaves jobs and private investment puzzle unanswered
India’s GDP level is at the pre-pandemic trajectory, the Economic Survey reveals. It means that the speed of the GDP expansion has ensured no permanent loss in output and demand. Though, employment remains a crucial link between growth and prosperity
Spot a fresh whiff of realism in the Economic Survey
The underlying message of the Economic Survey is that in today’s uncertain global environment riven by geopolitical uncertainties, the domestic economy must take the lead and it is up to the private sector to step up to the plate and deliver
Can bond market make fiscal discipline look like a stimulus?
Fiscal prudence can lead to a sovereign rating upgrade and lower bond yields, says Economic Survey
Tackling Climate Change: The real issue lies in finding the money
The moot question that emerges from the Economic Survey 2023-24's assessment of India's fight against climate change is how soon and how effectively the government can address the challenges of reducing emissions
Lymphatic Filariasis: Budget boost essential to combat disease escalation in India
Lymphatic filariasis exacts a staggering annual economic toll of $1 billion, a focused approach to the disease is imperative. India and its endemic states are tackling economic challenges with targeted efforts to eliminate the disease by 2027. But, will lymphatic filariasis receive enough attention in the upcoming Budget?
India needs to face up to its junk food crisis
If officials don’t want diseases like diabetes to spiral out of control, they need to tell consumers just how unhealthy their packaged snacks are
US: Democrats clear the runway for Kamala Harris
With Joe Biden’s endorsement, the vice president is in a dominant position. Plus, her obvious challengers are mostly young and can afford to wait for another chance
Economic Survey 2023-24 has the right prescription for coal power plants
The focus should be on adoption of cleaner coal and ultra super-critical technologies to reduce emissions, suggests the Economic Survey
After Joe Biden, is there still a Trump trade?
The bond yield curve would be worth watching in the coming months
Economic Survey 2023-24 has a word of caution for banks: Resist the lure of short-term profits
In recent years, there have been several cases where banks have been caught red-handed selling products to customers that they don’t require or understand well.
Prioritising a stable and simple tax regime in Budget 2024 to enhance ease of doing business
According to a Deloitte Survey, many industry leaders anticipate a stable and simplified tax law to enhance the ease of doing business and support India’s growth trajectory. A stable tax policy is crucial for sustainable business expansion and increased foreign investments
Digital paralysis shows the dangers of e-globalisation
Rather than anything more malicious, the trigger for the cyber failure seems to have been a prosaic software update
Lessons from Karnataka’s misadventure on seeking job reservation
Job reservation can drive away the high skills that have congregated within the state making Bengaluru an IT and startup hub
Budget Snapshot: India’s effective corporate tax rate is now closer to global peers
While the 2019 corporate tax cuts did make India’s effective tax rate more competitive, there are still countries with much lower tax rates
The Eastern Window: Hasina's response to Court order would determine the fate of violent unrest in Bangladesh
The Supreme Court order slashing the controversial job quota system is a serious loss of face for Bangladeshi PM, Sheikh Hasina. The question is whether she will try to use legislative means to derail the order leading to a resurgence of student protests
Understanding the origins of Modi government’s economic philosophy ahead of Budget 2024-25
One of the fundamental beliefs of the Modi government has been to make India self-reliant. It has worked tirelessly in that direction and the continuation of ‘Aatmanirbhar Bharat’ policy in this year’s Budget is highly likely
