Finance Minister Nirmala Sitharaman surely has a tough task cut out for her as slowing rural demand and an impending global economic slowdown looms large
Making the suggestion for the forthcoming Union Budget, Saket Dalmia, President of PHDCCI, said the budget for health has seen a rise of about 16 per cent in absolute terms between budget estimates of 2021-22 and 2022-23
Secretary General of Tea Association of India (TAI) Prabir Bhattacharya said though the average auction price touched Rs 206 per kg in 2020, it fell to Rs 190.77 per kg the following year
Sumant Sinha has called for bringing down interest rates for the industry, especially for the domestic renewables sector, which is seeing high rates of 8-10 per cent compared to 3-4 per cent in the western markets
In its pre-Budget memorandum 2023-34, Assocham said high import duty on raw materials results in Indian finished goods getting costlier and uncompetitive in international markets
FMCG companies raised prices. Now, they are hoping to recover the lost ground in 2023, with a recovery in margins and volumes, especially from the distressed rural areas amid softening commodity prices
