23 Jul 2022 Even as the rupee has fallen sharply against the dollar, the depreciation has been relatively lower unlike previous times The Indian rupee has depreciated by around 7% against the U.S. dollar, since the start of the year, in response to various domestic and global factors. Specifically, a…
Browsing CategoryEconomy
Five years of GST and the way forward
13 Jul 2022 GST is seen as a shining example of cooperative federalism aimed at taking the country towards a one-nation, one-tax and one-market regime. The unified Goods and Services Tax (GST), lauded as a historic and game-changing reform, completed five years of its successful implementation on June 30, 2022.…
Tackling Inflation and Other Challenges
15 Jun 2022 With the onset of the war in Europe, the Indian economy is facing the challenge of high inflation. The policy apparatus, which had so far been focused on reviving growth post the pandemic, has now quickly re-oriented itself to focus on inflation. The Government has taken several…
The Rise of Investment in Sustainable Finance
Sustainable finance, also known as responsible finance or green finance, refers to financial activities and investments that are conducted in a manner that promotes environmental, social, and governance (ESG) considerations, while aiming to generate long-term sustainable outcomes. It encompasses a broad range of financial products and services, including investment funds,…
The Role of Women in India’s Economic Growth Story
07 Mar 2022 A wise man of great intellect and power once said, “The best measure of a nation’s progress is the way it treats its women.” For centuries, women have faced challenges and hurdles and that has bestowed on them infinite patience, perseverance and have only helped them emerge…
The booster dose that India needs
03 Feb 2022 The budget 2022-23 has been much awaited for boosting the green shoots of growth. The finance minister has struck the right chord by focusing on public investment to crowd in private investment, thus launching in motion the virtuous cycle of demand, investments, and jobs. A real booster…
Union Budget 2022-23 Budget sets the tone for India’s aspirations
03 Feb 2022 The Finance Minister presented a very growth-oriented and transformative budget which will not only strengthen the economic recovery currently underway, but also lay the foundation for bolstering the medium to long term growth potential of the economy. Indian industry welcomes the government’s unwavering commitment towards boosting investments,…
Budget retains growth focus
03 Feb 2022 The Union Budget 2022-23 was truly a transformative and visionary document, which laid the blueprint for the next 25 years through boosting investments, creating jobs, improving ease of doing business, maintaining tax stability and support to the stressed sectors. The four key priorities outlined in the budget…
Laying the Roadmap for India at 100
03 Feb 2022 Delivering on the promise of introducing a series of growth-oriented and significant reform initiatives, the Union Budget 2022-23 laid down the roadmap for establishing India as a global force to reckon with as it turns 100 in the year 2047. With a view to provide further fillip…
Budget will pave the way for economic recovery
03 Feb 2022 The Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2022, has several forward-looking reforms and announcements that are expected to re-energise the growth engines of the economy. Progressive and growth-oriented, this year’s Budget has introduced wide-ranging reforms across sectors focussing on infrastructure, digital economy,…