Most industry leaders express optimism for India's economic landscape: Report

Quick Summary:

Industry leaders predict India's economic growth to rise to 6-7.9% for FY 2025-26, driven by technological advancements and business reforms.

Key budget priorities include reducing GST on health insurance, expanding financial inclusion, and providing tax incentives for R&D and fintech innovation.

The Union Budget for 2025-26 will be presented by finance minister Nirmala Sitharaman on February 1, amid global economic uncertainties and domestic growth slowdown.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaChina

Topics: Grant Thornton survey Business news Union Budget 2025-26 Technology reforms India economy Economic landscape India India economic growth forecast 2025-2026

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 18:32:20 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 833 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25602423

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