'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
Government has been able to push through economic reforms, especially allowing foreign investment in multi-brand retail.
Economy still faces many challenges and 'relatively big' downward pressures such as increasing difficulties for businesses and the emergence of economic risks, the Central Economic Work Conference said.
He said the government has already begun implementing tax reforms.
Overall, as Budgets go, this one certainly scores in a realistic, house-keeping sort of way
She alleged that today, the regime in power is misusing and subverting the institutions of the Constitution, and weakening its foundations of liberty, equality, fraternity and justice.
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
Maharashtra Chief Minister Prithviraj Chavan welcomed the joint decision of CII and WEF to hold the summit in Mumbai.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
Tax administration could be improved to reduce discretion and improve accountability
Narendra Modi government, the US Treasury Secretary Jacob Lew on Thursday said India needs more reforms
'Why do I have this feeling... why India could not pick their XI in last two years. It's a very strange thing to me that your squad is not settled. Who is your No. 4, where will Virat (Kohli) play 3, 4 or 5?'
The investment climate is going well in India and the private sector should skill their workforce in the interest of its business, Chief Economic Advisor K V Subramanian said on Thursday asserting that he does not foresee any difficulty in demand and supply of the workforce. Addressing 'Times Network India Economic Conclave', Subramanian further said job creation is part of the virtuous cycle that starts with private investments flowing into the country resulting in production, growth, job creation and increase in aggregate demand which in turn leads to more investments in the economy. The investment climate is going well in India. Other things will follow, though with a lag...it is for the private sector to start recognising that it is in their own business interest that they should skill their workforce. This, in turn, will raise the average level of skills in India," he said.
Criticising lack of "appropriate" pricing of petroleum products, the pre-Budget Economic Survey on Monday warned that the current practice of not passing on cost of production to consumers will have serious consequences and said non-resolution of sub