Things are looking up for local toy manufacturers with the government PLI plan. But a lot more needs to be done to meet the challenges of the sector and reduce import dependency for components
The government has so far missed its Rs 65,000 crore divestment target for FY23 by a significant margin despite the LIC IPO. Economists believe it's an uphill task ahead and the number for FY24 may be scaled down in the upcoming budget
India has thus far remained a bright spot in the global economy but worries for India include core inflation remaining entrenched at 6 percent, pressure on fiscal deficit, and high current account deficit
This is the first 'normal' budget since 2020 but challenges are still galore. Tight monetary policies, an impending recession, Russia-Ukraine, and China-US. But India has been an outlier, can it continue to shine?