Is Indian economy slowly coming out of the woods? The country’s February exports figures seem to indicate so. The latest exports data, released today, showed that India exported goods worth $26.26 billion in February, a slight improvement over January’s $25.5 billion. When compared to the figures in February last year, the latest exports figures show […]
Month: March 2013
Inadequate Budget for India’s defence forces
Amid a slowing economy and dismal foreign investor confidence in the country, India has sought to present a subdued annual Budget for the next financial year (April 2013 to March 2014). In the Budget released on 28 February, Finance Minister Palaniappan Chidambaram proposed to tax the super rich, and increase allocation to pro-poor schemes such […]