Economy

37.4% increase in capital expenditure in 23-24

“Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment,” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. […]

Economy

Nominal GDP to grow at 15.4 % in FY 2022-23

“Despite external exogenous shocks, India’s economy is relatively insulated from global spillovers compared to other EMEs, partly because of its large domestic market and relatively looser integration in global value chains and trade flows” […]