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Measures to encourage private investment, capital expenditure support to the economy, and some fresh social sector initiatives through new centrally sponsored schemes are likely to be the key themes in the upcoming budget.
Sumitomo Mitsui Banking Corporation Group (SMBC Bank) of Japan and Oaktree Capital Management are among those that have submitted expressions of interest (EoIs) for the strategic stake sale in IDBI Bank, said people aware of the matter.
A sense of confidence in India about the state of the economy is justified, given its strong growth amid a global economy that’s being pummelled by multi-decade high inflation, war, an energy crisis and turbulent financial markets, said Bill Winters, group chief executive of Standard Chartered Plc.
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