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Where Budget 2025 was largely dominated by the income-tax rate and slab relaxations, Budget 2026 has done away with Big Bang measures. Instead, its scattershot approach, through various sectoral and issue-based measures, when taken together, is aimed at propelling India’s growth over the medium term. Given the level of geoeconomic and geopolitical uncertainties that the…
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In the early days of the Industrial Revolution, a single invention changed the world: the steam engine. This marvel of engineering powered factories, drove progress and transformed economies. The steam engine symbolised a nation’s ability to innovate, produce, and lead. Today, India stands at a similar crossroads with its capital-goods industry, especially in the realm…
The production of capital goods picked up pace in January. File | Photo Credit: Reuters The industrial output growth slowed to 3.8% in January, from an upgraded uptick of 4.24% in December. The manufacturing sector’s growth slowed to 3.2% from 4.5% a month ago, even as the uptick in mining and electricity generation accelerated to…
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