Gap between profit growth, capital formation & hiring must narrow for India to sustain 6.5% growth: CEA
Thursday, 29 May 2025 () Chief Economic Advisor Nageswaran urged India Inc to increase capital expenditure and align worker compensation with profitability for sustained economic growth. He highlighted the need to close the gap between rising profitability and slower capital formation to achieve a minimum 6.5% real growth. Nageswaran also emphasized trust-based collaboration between government and the private sector to achieve 'Viksit Bharat' by 2047.
In a monumental achievement for India's grassroots economy, the Khadi and Village Industries Commission (KVIC) has crossed an all-time high turnover of ₹1.7 lakh crore for the financial year 2024-25...
In New Delhi, Union Minister Piyush Goyal’s remark labeling many Indian startups as mere “dukaandars” has sparked intense debate. Startup founders, tech leaders, and citizens voiced their take on..