by OverviewFX | Jul 22, 2024 | Budget
Economic Survey 2023-24: India, which is currently the world’s fifth largest economy in terms of nominal GDP, is looking to become the third largest in the coming years, and one area that India is looking to benefit is the ‘China Plus One’ strategy. But will India be...
by OverviewFX | Jul 22, 2024 | Budget
While technology continues to drive India’s socio-economic progress, the key lies in building the nation into the knowledge capital of the world through enhanced R&D and innovation efforts.Ahead of the national election earlier this year, the Union government...
by OverviewFX | Jul 22, 2024 | Budget
-Suhani PrakashBased on the Economic Survey 2023-24, digital Foreign Direct Investment (FDI) rose from 46.6% of total FDI in FY17 to 69.2% in FY21. Physical FDI mostly consisting of sectors such as automobiles, pharmaceuticals, and construction was approximately three...
by OverviewFX | Jul 22, 2024 | Budget
The Indian government has issued a warning regarding the potentially adverse impact of artificial intelligence (AI) on the job market. Highlighting the pervasive nature of this new-age technology, the government emphasized that AI could affect workers across all skill...
by OverviewFX | Jul 22, 2024 | Budget
For the MSME sector, bridging the credit gap remains a crucial element but the focus also needs to be on deregulation, enhancing physical and digital connectivity, and putting in place an export strategy that enables them to broaden their market exposure and scale up,...
by OverviewFX | Jul 22, 2024 | Budget
The rising aspirations of Indians need to be harnessed, however, it has to be carried out within a democratic framework, the Economic Survey, tabled by Nirmala Sitharaman on Monday, stated. The survey further noted that India has graduated from being a low-income...
