Is UK Falling Into Recession?; Here

Is UK Falling Into Recession?; Here

Home News Is UK Falling Into Recession?; Here’s What You Need To Know The UK economy fell into a recession in the second half of 2023, with GDP contractions of 0.3% from October to December and 0.1% between July and September. Prime Minister Of UK Rishi Sunak London: Economy of the United Kingdom under the … Read more

India Inc Urges Government to Maintain Capital Expenditure Momentum |

India Inc Urges Government to Maintain Capital Expenditure Momentum |

NEW DELHI: India Inc wants government to keep up the momentum on public spending to boost demand and step up disinvestment and asset monetisation to keep public finances in order. “India is at an important inflexion point and given the current global developments and associated headwinds, the government should continue to lay major thrust on … Read more

Green Transition Fund: ‘We are suggesting a green transition fund’

Green Transition Fund: ‘We are suggesting a green transition fund’

CII president R Dinesh is upbeat on the overall economy, including rural demand, and expects the focus on public spending to continue in the new financial year. In an interview, he suggests that the government should look at a green transition fund to help India Inc move to low carbon solutions. Excerpts:At CO there is … Read more

Capex: Current level of capex sustainable, says financial secretary

Capex: Current level of capex sustainable, says financial secretary

NEW DELHI: Indicating a continued push for public spending, finance secretary T V Somanathan on Thursday said current level of capital expenditure was “highly sustainable” and asserted that the Centre was on course to meet the spending and fiscal deficit targets for current financial year.While Somanathan refused to give any guidance on whether the government … Read more