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Sonam Srivastava of Wright Research told in an interview, the union budget is likely to focus on capital expenditure as a growth driver and give a push to manufacturing while continuing with the post-pandemic fiscal consolidation. She believes the finance minister will try to boost capital expenditure from the current 2.9 percent GDP to nearly 3.5 percent. Read more
ESG stands for Environmental, Social and Governance. It came into existence with the release of Who Cares Wins Report in 2004. ESG essentially takes into consideration the welfare of all the stakeholders, which separates it from SRI (Socially Responsible Investment) or any other investment mechanism
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