Watch | Business Matters | Important factoids from the Union Budget 2023
The Hindu
In this episode we will look at a few of the nuances that have emerged since Feb. 1. But before that we will look at some important factoids
Every time the national Budget is presented, we all check the news as soon as the details are out, as we should.
But if you have followed the Budget over the last couple of decades, you might have noticed that either or both of two things happen in the days following the FM’s speech: either the government clarifies further on a point that was a bit obscure, or the government gives its reasons for taking a decision in a specific area.
That’s why it’s always good to wait for the dust to settle before you form your opinions.
In this episode we will look at a few of the nuances that have emerged since Feb. 1. But before that we will look at some important factoids.
Script and presentation: K. Bharat Kumar
Videography: Bijoy Ghosh and Sidharth MC
Production: Shibu Narayan
India’s manufacturing sector underperforms compared to China and South Korea, partly due to public sector wages that raise costs and reduce competitiveness.
Non-Resident Indians (NRIs) from the Gulf Cooperation Council (GCC) region, once prominent investors in the Indian equity market are seen shying away due to rupee depreciation and have moved to global funds, said a top financial services executive.
Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.
In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.
Indian stock markets closed lower amid volatility, with key firms lagging as global trends influenced trading activity.
Bharti and Warburg Pincus invest in Haier India, acquiring a 49% stake to enhance growth and innovation in consumer durables.
India's net FDI remains negative for October 2025, with outflows surpassing inflows amid trade deal uncertainties.
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