Centre Reports 12% Increase in States’ Capex from April to February
The ministry reported that states' capital expenditure from April to February 2023 was 11.9% higher than the previous year
FOREX Reserves Surge to Record Highs, Boosting Economic Outlook
Forex Reserves Witness Highest Rise, Signaling Stability and Confidence in Markets
FY24 May See a Marginal Rise in the Share of States’ CAPEX in GDP: India Ratings
The percentage of states’ combined capital expenditure in the Gross Domestic Product (GDP) may experience a slight increase from 2.5% in FY23 to 2.8% in FY24, according to India Ratings. Also Read: Piyush Goyal Predicts India’s Rise to Become the Third-largest Economy by 2027-28 The 15th Finance Commission suggested that states could have a fiscal …
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Maintaining ‘Margins of Safety’ Required Due To The Rising Global Uncertainty
Nageswaran said, the global growth estimates of the International Monetary Fund (IMF) given in January look outdated and countries will have to watch what the developments in the US over the last week would do to confidence, bank lending growth, and the subsequent chain effects..
Economy Towards Six Percent Growth Next Fiscal
The agency also sees the economy averaging a growth rate of 6.8 percent over the next five fiscals. Crisil further said it expects the corporate revenue to log in double-digit rise again next fiscal..
