India's economy is going through a structural transformation and conventional paradigms are being challenged, Finance Minister Nirmala Sitharaman said. Businesses and banks are now more prepared than ever for new investments into the economy, the minister further said, acknowledging that more private investments are flowing into new-age sectors than into conventional industries. At the same time, the government is pressing ahead with inclusive development since "India is a very layered country". Edited excerpts from an interview:
We see that private consumption, which accounts for 60% of GDP, is likely to grow at only 4.4% in FY24. Does that concern you?
هذه القصة مأخوذة من طبعة February 05, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 05, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Small loans can spell big trouble for Indian banks
Watch out for signs of stress in India's micro-finance sector. Bad loans, even if small, extract a cost by way of reduced profits as well as higher interest charges on credit across the board
India should redesign its public safety signs to save lives
Mind studies suggest that the use of photographs depicting fear could trigger safe behaviour
Burberry is looking like a fine acquisition target this winter
This brand known for its chequered story can surely perform better
The Washington Consensus has collapsed and it won't be missed
The combination of free-market capitalism and electoral democracy that it promoted has failed to serve everyone equitably
India's statistics ministry has a new sense of purpose
The flurry of activity to get India's statistics right is laudable but we await regulatory design clarity
The rupee could suffer collateral damage if a currency war ensues
The US election is a game-changer for foreign-exchange markets that will test the rupee and RBI
PASSIVE INCOME STRATEGIES FOR MSMEs: SECURE GROWTH, STABILITY IN UNCERTAIN TIMES
I Forging diverse passive income streams takes time, but steady approach builds a strong base
Securing financial future of a child with special needs: A parent's guide
If you have a special needs child, especially with communication disability, how can you best secure his or her financial future?
A simple guide for NRIs to invest in Indian MFs online
Unlock a wide range of investment options from anywhere with just a few simple clicks
HOW FOUR INDIAN STATES ARE WOOING FOXCONN
The Taiwanese manufacturing powerhouse has already invested $10 billion. Now, it wants to expand
