Government targets long-term job creation with 33% capex boost in the Union Budget for 2023-24 in a country where at least 10 million people enter the labour market every year.
When asked about his thoughts on the Union Budget 2023, Anand Mahindra replied to a Twitter user that he always waits a day before commenting.
Godrej Agrovet, which has interests in vegetable oil, dairy, crop protection, and life sciences, commended the Finance Minister for rolling out a “tech-focused and inclusive” Budget for farmers.
Venture capital (VC) and private equity (PE) investors were of the view that the country’s regulations have not kept up with the complexities of this industry and were demanding a meaningful intervention from the government to make private investments easier and friendly.
Budget 2023: Impact of this announcement has led to a spike in the price of gold and silver in the commodity market
Announcing a slew of measures for the Union Health Ministry, the nodal ministry tackling the worst health crisis in last many decades in the form of covid-19, Finance Minister Nirmala Sitharaman said the government aims to focus on skilling, research and innovation in the sector as the pandemic heightened the need.
But the ecosystem expressed disappointment on lack of initiative around easier Employee Stock Ownership (ESOPs) taxation or enablement of early-stage funding.
Lab-grown diamonds are grown inside a lab using cutting-edge technology that replicates the natural diamond growing process and the result is a man-made diamond
The West Bengal Chief Minister Mamata Banerjee denounced the Union Budget 2023-24 as "anti-people" and "completely opportunistic," alleging it was created with the 2024 Lok Sabha elections in mind.
The development of 50 new destinations will make India more attractive to international tourists as their options will increase
The new tax regime was announced in Budget 2020 and became effective from financial year 2020-21. With no key announcements for the taxpayers under the old regime, users have taken to Twitter to express their disappointment.
Union Budget 2023: Nikhil Kamath said the Budget had both pros and cons, while George Alexander Muthoot, said that Budget 2023 “touched upon all the right chords of the economy”.
Does the Budget have room for building higher economic and social capital through capex? The answer is a resounding yes. Read more to know why
In a Business Today Banking & Economy Summit in Mumbai, India’s top chief economists, including Madan Sabnavis of Bank of Baroda, Saugata Bhattacharya of Axis Bank and DK Joshi of Crisil shared their views on the Indian economy, inflation, rate hikes and key other macroeconomic indicators. Here’s what they have to say.
Recent trends have also shown an uptick in the number of UHNIs exploring family office structures to manage their wealth.
The sector is pinning its hopes on the upcoming Budget, and we are optimistic that a combination of enabling government policy measures and positive buyer sentiment will fuel the demand for real estate.
As India cements its position as a leader in skills in technology for the world, it will be equally important to perhaps align additional focus on product development and accelerate scientific temper for innovation and creation at (higher) education institutions.