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Former India's executive director at IMF Surjit Bhalla, a former member of the Economic Advisory Council to the Prime Minister (EAC-PM), asserted that the maximum number of jobs were created during the tenure of Atal Bihari Vajpayee and Modi.
The strong Indian economy and rally in the market have investors questioning whether this bull run can continue. Morgan Stanley believes it can. Here's why.
With Nigeria’s large population, market, traffic and economy to support businesses, the country has been yearning for foreign investors to take advantage of the huge potential of the country.
The strength of wage growth, asset price inflation, and the lingering impact of the post-Covid dole-outs have kept household demand above potential, thereby sustaining the high inflation. Additionally, the federal government fiscal expansion, rising 61% YoY to $1.52 trillion (Oct22-Aug23, projected at $1.9 trillion in FY24), is creating another round of demand impulses.
During the meeting with DPIIT officials, industry participants highlighted tax authorities’ reluctance to understand the valuation and revenue mismatch in high-growth startups