Prime Minister Narendra Modi in one of his speeches explained the dire need for Farm laws. He explained how the division of land or low landholding, lack of modern technology, lack of investment, and high-interest loans have plagued the agricultural sector of India. The Prime Minister emphasized the need to remove barriers for our farmers, create … Read more
The World Bank has recently increased its projections for India’s economic growth by 4.7 percentage points to 10.1 per cent for Financial Year 2024-25, citing a strong rebound in private consumption and investment growth. The latest estimate is significantly higher than the 5.4 per cent growth rate predicted by the World Bank in January this year. However, … Read more
Modi has done more for the environment than any other PM in recent history. Unfortunately, most journalists and intellectuals do not give him due credit for it. Therefore, it is not surprising that almost all appreciation that Modi gets is from international bodies, including the World Economic Forum (WEF), specifically for the role he played … Read more
The Adani Group and Indian e-commerce major Flipkart on Monday announced that they have entered into a strategic and commercial partnership. As per reports, Flipkart will work with Adani Logistics Limited to strengthen its supply infrastructure enhance its customer serving capacities. Adani Group’s chairman Gautam Adani announced on Twitter that in the two-prong partnership, AdaniConneX will … Read more
On the 22nd of May, the Reserve Bank of India (RBI) declared a record dividend of Rs 2.11 lakh crore to the Government of India for fiscal year 2023-24. It was announced at the 608th meeting of the Reserve Bank of India’s Central Board of Directors, held today in Mumbai, chaired by Governor Shaktikanta Das. The RBI’s dividend … Read more
The Union Finance Ministry has decided to provide an additional amount of upto Rs 15,000 crore to states as interest-free 50-year loans for spending on capital projects. The Department of Expenditure has issued fresh guidelines in this regard on the “Scheme of Financial Assistance to States for Capital Expenditure” for the financial year 2021-22. Under this Scheme, … Read more
RBI governor Shaktikanta Das on Wednesday made an unscheduled announcement in the wake of the second bout of the COVID-19 outbreak, forcing states and local authorities to impose lockdown and restrictions to stop the spread of the virus. While the central government has refrained from imposing a nationwide lockdown, the economic costs of the second coronavirus outbreak … Read more
With its ever-growing rise in popularity, including a mention from billionaire Elon Musk on the hit American TV show Saturday Night Live, Dogecoin has exploded into the culture. The meme-based cryptocurrency started out in 2013 as a joke. However, it has since established itself as a popular cryptocurrency, soaring to an all-time high last week. As of … Read more
For the last several days, Islamist propaganda organisation PETA has been targeting Indian dairy giant Amul, asking them to switch to plant-based products from milk. Responding to their appeal, today GCMMF managing director R S Sodhi asked who will provide employment to 10 crore people who depend on the cooperative dairy sector, if the company … Read more
Ministry of Commerce & Industry has announced that India’s merchandise exports in May 2021 increased by 67.39% over May 2020. At $32.21 billion, the growth was driven by sectors such as engineering, pharmaceuticals, petroleum products and chemicals, as per the commerce ministry’s press release. On the other hand, imports in May rose by 68.54% to $38.53 billion … Read more