CA:Economy

CA:Economy, Current Affairs

Economic Survey 2024: India’s retail inflation lower than EMDEs and world average

“Compared to advanced economies like the USA, Germany, and France, India had one of the lowest deviations from its inflation target in the triennial average inflation from 2021-2023. Despite the challenges posed by global demand-supply imbalances due to ongoing geopolitical tensions, India’s inflation rate was 1.4 percentage points below the global average in 2023,” as stated in the Economic Survey 2024. Read here to understand how the government further plans to curb price flare-ups.
CA:Economy, Current Affairs

Tax reforms in Budget 2024 that can boost capital flows and M&A transactions in India

New India’s fastest-growing economy needs strong capital flows and M&A. Budget 2024 should address valuation rules, share swaps, overseas mergers, capital gains, M&A financing, non-industrial consolidations, and listed transactions. Key focuses include competitive disadvantage, market confidence, anti-abuse conditions, and cleanup clarifications. Deloitte India emphasizes these factors to boost economic growth and investor trust.
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