Business

New Delhi: India has to be prepared to take advantage of the conducive global situations to grow at a faster pace to achieve the goal of becoming a developed nation by 2047, Chief Economic Adviser V Anantha Nageswaran said Friday. Nageswaran attributed the slowdown in...

New Delhi: India needs to guard against the dominance of financial markets in shaping policy and macroeconomic outcomes, a phenomenon known as financialisation, to achieve the goal of Viksit Bharat by 2047, according to the Economic Survey 2024-25. The consequences of financialisation are evident in...

Mumbai: Benchmark Sensex jumped 741 points while Nifty rallied to close above 23,500 Friday on heavy buying in Larsen & Toubro post its Q3 results and the Economic Survey predicting a pro-growth budget. Rallying for the fourth day running, the 30-share BSE Sensex ended 740.76...

New Delhi: Sounding a note of caution on the elevated stock market valuation, the Economic Survey Friday said any correction in the US markets could have a cascading effect in India, which has witnessed increased participation from young investors post-Covid. Over the past few years,...

New Delhi: Coordinated efforts from the government, private sector, academia, R&D institutions, and financial stakeholders are crucial for India to achieve its goal of becoming a manufacturing powerhouse amid an uncertain global environment, Economic Survey 2024-2025 said Friday. It also said that the rise of...

New Delhi: The Economic Survey on Friday said regulatory frameworks will need to be "revisited and amended" to ensure that use of AI aligns with societal values, balancing innovation with accountability and transparency. The pre-Budget document cited an IMF paper to say that governments may...

New Delhi: Following are the highlights of Economic Survey 2024-25: *              Indian economy to grow at 6.3-6.8 pc in FY26, against 6.4 pc in FY25 *              India's economic fundamentals robust, backed by calibrated fiscal consolidation, stable consumption *              Navigating global headwinds will...

New Delhi: Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to...

New Delhi: India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25Friday said amid persisting concerns over food inflation. The survey, tabled by Finance Minister Nirmala...

New Delhi: Investment in the infrastructure sector in India needs to be continuously scaled up over the next two decades to sustain a high rate of growth, said the Economic Survey 2024-25 tabled in Parliament Friday. "India needs a continued step-up of infrastructure investment over...