The Ministry of Road Transport & Highways and the Ministry of Railways reported moderate progress, utilising 54% and 67% of their annual allocations, respectively. However, the Ministry of Defence’s capital outlay reached only 41% of the FY25 budget estimate, compared…
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The challenges faced by rural India are multifaceted. From unemployment to reskilling, maintaining the soil quality to dealing with the weather, the list of pain points for rural people is just increasing day by day. Currently, unemployment is the biggest…
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More than half of respondents in the RBI’s Systemic Risk Survey do not expect private capital expenditure to revive in the next year. This contrasts with the RBI’s forecast of economic growth revival. Respondents also cited concerns over global uncertainties…
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While a massive 4.67 crore additional jobs were created in the Indian economy in the financial year ended March 2024, the fast pace of employment generation has continued into 2024-25 in both the formal and informal sectors, official data shows.
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Budhia suggested the government extend the interest equalisation scheme, which ended on December 31, 2024, for three years for all manufacturing exporters, including MSMEs (micro, small and medium enterprises).
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Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets as part of her series pre-Budget consultations.
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