View: Resilient India can brave global headwinds
The world economy is slowing and may experience a major recession later this year. In earlier recessions, India was hit hard, but the Economic Survey is confident that India has become a resilient economy, far more so than others, that will perform well in the face of global headwinds.
Economic Survey 2022-23: A medium-term plan
The Economic Survey presented in Parliament on Tuesday looks ahead to the medium term while concluding that the pandemic response and recovery phase is now over.
Economic Survey strikes right balance between realism & aspiration. Will Budget do the same?
India’s budget will have to deliver an artful balancing act between growth and stability. The reassuring news: simply following the template of the last two years will be a very good starting point. What has been that template? A realistic quantum of fiscal consolidation, conservative tax assumptions, and a strategic thrust on public investment as […]
Digital Public Infrastructure can add up to 100 bps to GDP growth: Chief Economic Advisor
The Economic Survey 2022-23 released on Tuesday went big on outlining the role of digital public goods (DPGs) which are being applauded globally.
Infrastructure creation support will steer economy through global crisis: Economic Survey 2022-23
The survey added that while traditional infrastructure sectors such as roads and railways have received a renewed push in recent years, sectors such as inland water transport and civil aviation, which have significant untapped potential, are also being encouraged sufficiently.
India to be USD 5 trillion economy by FY2026: CEA Anantha Nageswaran
“So, USD 5 trillion is something which can happen by 2025-26 or 2026-27 and USD 7 trillion by 2030, depending on how the dollar-rupee (pair) behaves and what our nominal GDP growth in rupee terms is,” Nageswaran told
At Rs 1.55 lakh crore, GST mop-up in January is second highest ever
Giving a break-up of the collections, the ministry said that CGST accounted for Rs 28,963 crore, while the SGST stood at 36,730 crore. The IGST accounted for 79,599 crore (including Rs 37,118 crore collected on import of goods) and cess was Rs 10,630 crore (including Rs 768 crore collected on import of goods).
Economic Survey shows agribusiness has strong potential for growth, say experts
They also added there is a need to give a fresh fillip to the development of storage and agri warehousing facilities which so far is largely fragmented with the majority of warehouses owned by traders/processors involved in agriculture trade.
Tech View: Nifty forms small-bodied bearish candle. What traders should do on Budget day
The index is heading towards the level of 17,800, which holds the key for further course of action from a short-term perspective. If the index manages to surpass 17,800, it will be poised for a larger up move. Till then a consolidation in the range of 17,400-17,800 is possible.
Most traders lose money by overtrading. Zerodha’s Nithin Kamath explains how
Kamath, also known to regularly share educational content and stock market learnings on Twitter and other social media platforms, said people forget that trading costs are charged as a percentage of every trade and can compound very quickly.