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Ey Report News - Latest Updates & Headlines

Indian space economy to reach USD 44 bn by 2033: FICCI-EY report

New Delhi, March 12: Indian space economy is aiming to reach USD 44 billion by 2033 from USD 8.4 billion in 2022, said a FICCI-EY report on 'Unlocking India's Space Economy - Pathways to Growth, Innovation and Global Leadership', released today at Bharat Space Conclave 2025', organized by FICCI.

India must achieve tax buoyancy of 1.2-1.5 to reach 6.5-7.0% growth: EY report

New Delhi, February 26: India has to maintain tax buoyancy between 1.2 and 1.5 in order to fulfil its Viksit Bharat vision and reach a medium-term growth trajectory of 6.5-7.0, said an Ernst & Young (EY), a multinational professional services firm.By definition, tax buoyancy refers to the responsiveness of tax revenue to the growth of a country's economy. It measures how well tax revenue increases as the economy grows.