The Centre’s capital expenditure reached approximately 80% of its fiscal target, with a notable slowdown in spending in February compared to January. Analysts warn that this reduced pace could prevent the government from fully meeting its capex goal, although offsetting measures in revenue expenditure and disinvestment might help stabilize the overall fiscal outlook.
Editor and publisher Minhaz Merchant has urged India to lower its import tariffs, arguing that this structural reform would drive domestic companies to become more competitive. The discussion comes as India faces escalating trade tensions with the US, which has introduced immediate tariffs on key Indian exports amid concerns over India's high duties and complex import processes.
Reliance Jio has expanded its 5G services to 21 states and union territories in India, including the launch of high-frequency mmWave 5G in the 26 GHz band. This rollout is primarily targeted towards specialized enterprise applications due to the mmWave band's limited range and high infrastructure costs.
Info Edge founder Sanjeev Bikhchandani revealed a clever tactic used by Indian startups to delay tax filings and audit fees by incorporating their businesses on April 1st. This strategy, inspired by the uncertain birthdates of many Indians, highlights the unique challenges and opportunities faced by startups in the country's complex compliance environment.
A Reddit investor is exploring an unconventional strategy to afford a home in Delhi by purchasing property in Dubai, renting it out, and using the income to cover rent in the Indian capital. This approach offers potential benefits such as lower property prices, higher rental yields, and the possibility of owning a home without directly purchasing one in Delhi.