As India was locked down due to the first wave of Covid, economic activity ground to a halt. That led to a high fiscal deficit of 9.5% in FY21. The fiscal deficit for FY22 is likely to be in the region of 6.3-6.4% against the initial estimate of 6.8%, thanks to a pick-up in economic activity after the second wave of Covid.
The passenger vehicle segment’s growth was driven by the festivals coinciding in October, boosting consumer purchasing.
By reducing reliance on short-term borrowings, with the equity infusion, the government aims to cut FCI’s interest expenses and lower its subsidy burden.
As Trump outlines expansive trade and economic policies, should India and other EMs brace for shifts in trade, investment policies and geopolitical alliances? Here’s what experts say
Emphasising the impact of rising capital costs on profitability and efficiency, Harshjit Sethi, managing director at Peak XV Partners, offers insights into India’s shifting startup landscape.
The passenger vehicle segment’s growth was driven by the festivals coinciding in October, boosting consumer purchasing.
By reducing reliance on short-term borrowings, with the equity infusion, the government aims to cut FCI’s interest expenses and lower its subsidy burden.
As Trump outlines expansive trade and economic policies, should India and other EMs brace for shifts in trade, investment policies and geopolitical alliances? Here’s what experts say
Emphasising the impact of rising capital costs on profitability and efficiency, Harshjit Sethi, managing director at Peak XV Partners, offers insights into India’s shifting startup landscape.
