Top 5 Business / Finance News stories in india | 17 October 2023
“Hello everyone! Today we’re going to talk about the top 5 business and finance news stories in India on October 17, 2023. First up, the GST regime in India has transformed fiscal federalism in the country with steady growth of GST revenue. In other news, Finance Minister Nirmala Sitharaman announced that India will work on resource mobilisation with the International Monetary Fund (IMF). India’s debt stands at 81.9% of GDP, similar to China’s but with lesser associated risks. The Indian government is considering increasing cash support to small farmers by 33% ahead of elections. Finally, Wipro, Bajaj Auto, and Zee Entertainment Enterprises Limited (ZEEL) have announced their Q2 results. Prime Minister Narendra Modi will inaugurate the Global Maritime India Summit 2023 on Tuesday in Mumbai via video conferencing. That’s all for today’s news roundup! Thank you for watching and don’t forget to subscribe for more updates.”
