Adani Enterp. 2512.80↑20.65(0.83%)
Adani Ports 735.50↑3.45(0.47%)
Apollo Hospitals 4846.30↑32.05(0.67%)
Asian Paints 3235.00↓-5.70(-0.18%)
Axis Bank 923.55↑3.85(0.42%)
B P C L 365.80↑1.25(0.34%)
Bajaj Auto 4681.00↑37.40(0.81%)
Bajaj Finance 7053.20↑12.70(0.18%)
Bajaj Finserv 1453.60↑3.45(0.24%)
Bharti Airtel 829.80↑1.85(0.22%)
Britannia Inds. 4680.00↑44.75(0.97%)
Cipla 958.20↓-6.55(-0.68%)
Coal India 229.45↓-0.90(-0.39%)
Divi's Lab. 3531.25↑5.85(0.17%)
Dr Reddy's Labs 4570.00↑17.95(0.39%)
Eicher Motors 3695.00↓-21.05(-0.57%)
Grasim Inds 1705.05↑2.60(0.15%)
H D F C 2637.10↓-9.60(-0.36%)
HCL Technologies 1142.25↑0.35(0.03%)
HDFC Bank 1604.50↑0.50(0.03%)
HDFC Life Insur. 573.10↓-9.10(-1.56%)
Hero Motocorp 2863.15↑62.75(2.24%)
Hind. Unilever 2713.55↑15.65(0.58%)
Hindalco Inds. 413.85↑7.50(1.85%)
ICICI Bank 938.40↑2.30(0.25%)
IndusInd Bank 1277.15↓-13.00(-1.01%)
Infosys 1303.50↓-16.00(-1.21%)
ITC 440.70↑1.00(0.23%)
JSW Steel 700.65↑6.80(0.98%)
Kotak Mah. Bank 1946.15↑16.10(0.83%)
Larsen & Toubro 2214.50↑6.70(0.30%)
M & M 1328.65↑9.75(0.74%)
Maruti Suzuki 9324.60↓-3.70(-0.04%)
Nestle India 21891.00↑16.70(0.08%)
NTPC 175.05↑0.65(0.37%)
O N G C 154.35↑0.70(0.46%)
Power Grid Corpn 233.70↑0.70(0.30%)
Reliance Industr 2460.00↓-3.25(-0.13%)
SBI Life Insuran 1206.80↓-0.95(-0.08%)
St Bk of India 584.70↑1.95(0.33%)
Sun Pharma.Inds. 983.35↓-4.35(-0.44%)
Tata Consumer 796.70↑3.05(0.38%)
Tata Motors 534.85↓-0.35(-0.07%)
Tata Steel 106.95↑1.00(0.94%)
TCS 3316.00↓-8.00(-0.24%)
Tech Mahindra 1130.80↑10.00(0.89%)
Titan Company 2842.40↑15.15(0.54%)
UltraTech Cem. 7882.20↑39.40(0.50%)
UPL 682.90↑4.95(0.73%)
Wipro 407.05↓-0.10(-0.02%)

Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani

In an interview with Ruchika Chitravanshi, Rajiv Memani, Chairman and Managing Partner of EY India, said that there is a strong enabling environment for private sector investment

Ruchika Chitravanshi New Delhi

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Rajiv Memani

4 min read Last Updated : Jan 20 2023 | 10:43 PM IST

The upcoming Budget should keep the fiscal deficit under control, maintain stability in tax rates and the finance minister must address softer issues such as ease of doing business, Rajiv Memani, chairman and managing partner of EY India, said.

In an interview with Ruchika Chitravanshi, Memani said that there is a strong enabling environment for private sector investment. He also said that if India takes advantage of the China Plus One strategy, it could be the golden moment for its manufacturing sector. Excerpts:

How do you see the impending recession in the developed world impacting the Indian economy? And, what do you think we can expect from the Budget this year?