Page 20 - Indian Economy

Budget makes employment push as youth share in formal job additions falls

Share of people younger than 25 in formal employment, as defined by EPFO additions, fell to 50.2% in 2023-24, from 68.9% in 2018-19

India Budget 2024 steers economic growth amid fiscal prudence: Sujan Hajra

Union Budget 2024 news: The budget prioritises sectors like agriculture, education, and employment generation, broadening the base for economic advancement

Well-focused Budget 2024 with special development thrust: Madan Sabnavis

Union Budget 2024-25 news: There has been some comfort provided to individuals who opt for the new income tax scheme as there is some rationalisation across the slabs

Economic Survey 2023-24: How India's overtime premium dwarfs peers'

This could be a disadvantage for the Indian economy, mentions the survey

India can grow at over 7% in the medium term, says Economic Survey

The Survey said the global trade outlook for 2024 remains positive, with merchandise trade expected to pick up after registering a contraction in volumes in 2023

Tax policies to play a critical role in tackling 'inequality': Eco Survey

Suggests to resolve transfer pricing matters to sustain foreign investor interest

Eco Survey on cap goods: Potential expansions in industrial capacities seen

The report also anticipated the UAE could become a hub for sourcing India's capital goods and intermediates for further value-added exports to other African and European destinations

Economic Survey calls upon India Inc to step up hiring, compensation

"It is worth reiterating that job creation happens mainly in the private sector," the survey released on Monday said

Indian economy expected to grow 6.5-7% in 2024-25: Economic Survey

The predictions being lower than RBI's 7.2 per cent, Survey said it was 'cognizant' of the fact that 'market expectations are on the higher side'

Street Signs: Rural-focused themes in focus, Block deals slow, and more

After record share purchases in recent months, mutual funds (MFs) have eased off the buying pedal

Benefits of the domestic 'silk route'

Creating a market for the byproducts of sericulture would hugely benefit silk farmers, as also other stakeholders in the silk sector

The questions for policymakers

What is the state of the economy, and the implications for policy?

Economy booms, pvt sector continues to expand, but youth chases govt jobs

Since 2014, India's GDP has grown from $2 trillion to near $3.5 trillion in fiscal 2023-24 (April-March) and is expected to expand 7.2 per cent in the current year

Rs 35K cr electronic parts PLI plan afoot to give sub-assemblies a leg up

Under the scheme, identified sub-assemblies include camera modules, display assemblies, mechanical parts, battery packs, battery chargers, and vibrators

Govt sets up 22-member panel for base year revision of price indices

Besides, the panel is also slated to examine schemes prepared by the central and state governments for the construction of the price indices

From T V Somanathan to Vivek Joshi, meet FM Sitharaman's Budget team

The July 23 Budget, coming after the general elections, would be watched for coalition compulsions, electoral lessons

Budget for agri research needs to be doubled to widen impact: Paper

Eminent agriculture economist Ashok Gulati is the chief editor of the bulletin which comprises of chapters written by various experts

Reliance Retail profit flat in Q1, Ebitda grows on store expansion

Company adds 331 new stores and records footfall at 296 million across formats, up 18.9%

Global tech outage: 10 banks, NBFCs witness minor disruptions, says RBI

Overall Indian financial sector remained insulated from the global outage

Budget 2024: Defining trajectory pathways for Viksit Bharat@2047

Competitive federalism can install accelerators in key sectors