Economy / IBTimes
The meeting, held in the national capital forms a crucial element of the Finance Ministry's wider consultation exercise aimed at gathering insights, expectations and sector-specific recommendations before the Budget is finalised.
The government projects this ecosystem to scale up to $100 billion by 2030, moving from a content-consuming nation to a global creator and exporter of intellectual property, an official statement said.
Silver prices also slipped, with MCX Silver December contracts down 0.38 per cent at Rs 1,55,424 per kg. Gold has support at $4035-4000 while resistance at $4115-4140. Silver has support at $50.30-49.85 while resistance is at $51.25-51.50, market experts said.
Traders foresee Indian rupee depreciation as RBI defends near all-time low, impacting bond yields and global risk appetite.
Recognised by the government as a high-potential segment within the services economy, the sector is projected to grow at a compound annual rate of about 7 per cent, reaching approximately Rs 3,067 billion by 2027. The national outlook envisions this ecosystem scaling up to $100 billion by 2030, signalling a decisive shift from a content-consuming nation to a global creator and exporter of intellectual property, said the government in an official statement.

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