Pre-budget expectations: Union Budget 2019
In the run-up to Union Budget 2019, the cabinet committees have been set up to address the focus areas of growth and job creation across sectors. Expectations are rising to bring in reforms aimed at creating a tax and business friendly regime and enhancing foreign investments.
Economy needs increased private investment and fiscal prudence
The outlook is positive for India, one of the fastest-growing economies. Fostering private investment and careful management of public finances could help the economy go a long way.
There is no doubt that India’s recent budget has tried to strike a balance between fiscal prudence and growth. However, with risks looming large, India needs to solidify its investment position while maintaining fiscal deficit within the target range.
How artificial intelligence is transforming the financial ecosystem
The new physics of financial services
Artificial intelligence (AI) is significantly changing the traditional operating models of financial institutions, shifting strategic priorities, and upending the competitive dynamics of the financial services ecosystem.