New Delhi, December 2 : A recent report by EY India says enhanced government spending is vital for India's Viksit Bharat vision. It says achieving developed economy status requires 7 per cent plus sustained GDP growth and a robust fiscal framework. This requires a significant increase in the government's total expenditure to 35 per cent of GDP from the current …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Anna’s death should serve as a wake-up call for …
Anna Sebastian Death: Following Anna Sebastian Perayil’s death, more former employees are now coming out and sharing their experiences of working in the toxic environment at EY. She pointed out that the ethics hotline maintained by the firm specifically to address sensitive issues such as harassment, mental health abuses, discrimination, etc is rather used to silence these individuals from speaking …
Generative artificial intelligence is set to boost the Indian financial services and it is further expected to potentially add around USD 66 to USD 80 billion to the GVA by 2030. In the latest EY India report, GenAI's impact on the GVA within the Financial Services sector is most significant and has been ranging from 22 per cent to 26 …
India’s goal of becoming a $5 trillion economy by 2024-25 is likely to be set back by about 3-4 years in an ‘optimistic or business-as-usual’ scenario, and may have to wait till 2029-30 in a worst-case outcome, as per an EY India estimate. The IMF has projected a 9.5% GDP growth for India this fiscal, followed by an 8.5% growth …
Surprising everyone, especially the markets which closed with the biggest Budget-day gains of 5 per cent, the Union Budget 2021 left all taxes unchanged barring for some cess to fund the farm sector or increase any direct taxes. EY India’s Sudhir Kapadia said no major changes in the design or rates of direct taxation signals strong resolve to have stability …
)