Tag: Private sector

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Posted in Economy

Domestic demand drives services sector PMI to 5-month high in August

New Delhi: India‘s services activity accelerated to a five-month high in August, aided by stronger expansion in business activity, new work and positive demand trends,…

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Indian economy: India needs to open economy further, privatise banks: Finance Commission chairman Arvind Panagariya
Posted in Economy

Indian economy: India needs to open economy further, privatise banks: Finance Commission chairman Arvind Panagariya

India needs to open its economy further, privatise banks and introduce factor market reforms to lift its growth beyond 6.5-7% levels, 16th Finance Commission chairman…

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Budget employment schemes: Budget's employment schemes confined to educated unemployed in formal sector: Trade unions
Posted in Economy

Budget employment schemes: Budget’s employment schemes confined to educated unemployed in formal sector: Trade unions

Criticising the employment-linked incentive schemes, announced in the Union Budget 2024-24, the joint platform of 10 central trade unions said the three schemes are confined…

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Finance minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the union budget in the parliament in New Delhi.
Posted in Business

Job schemes not a mandate but a nudge to companies, says Nirmala Sitharaman: ‘Who is intruding’

Jul 25, 2024 09:02 AM IST Nirmala Sitharaman defends Budget measures, addresses inflation concerns by highlighting initiatives for perishables and improving supply chain linkages. Finance…

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PMI: Robust demand drives India's business growth to a three-month high in July, PMI shows
Posted in Economy

PMI: Robust demand drives India’s business growth to a three-month high in July, PMI shows

India’s business activity accelerated at its fastest pace in three months in July thanks to strong demand, especially in the services sector, according to a…

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Posted in Economy

economic survey: Govt’s paved the way, private sector needs to push capex pedal: Economic Survey

New Delhi: It is time for corporate India to take the baton as the government’s capital expenditure has lifted the productive potential of the economy,…

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China fell to No. 13 from No. 3 in the bank’s 28 country developing-nation market allocation framework, relative to the last review. (File)
Posted in Business

Morgan Stanley upgrades India shares to ‘overweight’, downgrades China

Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a rally spurred by government stimulus pledges to…

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Posted in Economy

‘States’ additional borrowings unlikely to hit yields on government securities’

New Delhi: The Centre’s move to allow states to borrow up to ₹1.43 lakh crore in FY24 if they pursue stipulated power sector reforms is…

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Private sector can strengthen India's digital ecosystem: MasterCard CEO Michael Miebach
Posted in Economy

Private sector can strengthen India’s digital ecosystem: MasterCard CEO Michael Miebach

The Indian government and the regulators have played a significant role in the development of the digital ecosystem, but there is a recognition that the…

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