Budget 2023 has cut down allocation for the rural sector while remaining silent on farmers’ income and rural demand. Read more »
Budget 2023 may simplify and rationalise the complex direct tax regime to boost economic growth at a time when Indian economy is facing global headwinds. Read more »
Budget 2023 may roll out heavy public spending in education and healthcare as India seeks to tap its demographic dividend. Read more »
The RBI has cautioned states against their plan to shift back to the statutory old pension scheme from the participatory national pension scheme. Read more »
A paper published by the Reserve Bank of India says there is a need to study of asymmetrical distribution of inflation, especially during the period of uncertainties. Read more »
World Bank lowers global growth forecast to 1.7% amid fears of an imminent global recession. Read more »
The government is under pressure to cut subsidies and maintain fiscal discipline at a time when political situation warrants a populist Budget 2023. Read more »
For the Indian economy, there are several reasons to be cheerful such as the gross NPAs of Indian banks falling to a seven-year low this year, while there are also reasons to... Read more »
The year 2023 will be a make or break one for Europe's endeavour to avert a full-blown energy crisis as it faces a supply-demand gap of 27 billion cubic meters. Read more »
The indicators point to a global recession in 2023, but its severity will depend on several factors such as the covid situation in China. Read more »