 | Union budget likely to continue capex hike to boost investmentThe previous budget for 2022-23 had allotted Rs 7.50 lakh crore as capital expenditure, which was a 35.4 per cent jump over 2021-22. |
 | Economy on recovery path; inflationary pressure, geopolitical risks warrant careful handling of situation: RBIThe RBI's 25th Financial Stability Report said banks, as well as non-banking financial institutions, have sufficient capital buffers to withstand shocks. |
 | Compliance, economic recovery behind higher tax-GDP ratio: GovernmentThe government has credited better compliance and economic recovery for the significant jump in tax-GDP ratio to 11.7 percent in 2021-22. |
 | UN says Ukraine war threatens to devastate many poor nationsThe task force calls on countries to ensure a steady flow of food and fertilizer through open markets, lift export restrictions, and direct surpluses and reserves to those in need. |
 | India on cusp of major economic recovery; talks of stagflation 'overhyped': Niti Aayog VCOn rising inflation, the Niti Aayog Vice Chairman said that RBI is keeping a close watch as per its mandate. |
 | Government did not raise taxes to fund economic recovery, focussed on capex: FMThe reduction in corporate tax has "helped the economy, government and companies, and we are seeing the progress", she said. |
 | State-owned banks on course to book better profits next fiscal: ReportThe report expects earnings and profitability of banks to recover next fiscal on the back of falling loan impairment charges that improved to 1.2 per cent in H1 of FY22, from 1.7 per cent a year ago. |
