After India banned the export of wheat and broken rice, and in light of the ongoing Russia-Ukraine war that has impacted global trade, there is a perception that there is a decline in exports from India which will have a negative effect on the Indian economy. There were concerns about the reduced growth rates in exports to Europe and USA, … Read more
In another sign of the surging Indian economy, the country has registered the highest-ever GST revenue collection in the just concluded month of April as it breached the coveted milestone of ₹2 lakh crore. As per the latest official data released by the ministry of Finance, the GST revenue collection for April 2024 stands at ₹2.10 lakh … Read more
Today India as a nation-state is looking upwards, there is a positive mood, and the economy is moving Northwards. Stock markets are good and GDP growth is getting a thumbs up from economists and rating organizations across the world. We have a very healthy FOREX reserve. We have done a great job in IT, ITES, like BPO … Read more
Inflation, or “Mehengai,” is a term that often sends shivers down the spine of any economy, especially when it skyrockets. High inflation rates can strain both the pockets and patience of citizens. So, it’s pretty impressive when a leader manages to keep it under wraps. This is the tale of Prime Minister Narendra Modi, whose … Read more
Urea as a fertilizer is widely used and because of this, it was also one of the highly pilferaged fertilizers in the country. There was a time in our country when farmers had to stand in long lines to buy Urea. The long lines often led to fights and occasionally led to even the police … Read more
Every nation needs to defend itself from external aggression. It is also true that every nation has different priorities, different challenges and different level of affordability for defense. You cannot expect Maldives or Sri Lanka to have an Aircraft carrieer- it may be on their wish list though. The United States has a total of … Read more
The Ministry of Commerce and Industry has instructed all e-commerce platforms to remove beverages, such as Bournvita, from the classification of ‘health drink’ on their websites and platforms. This notification was published on 10th April. The instructions issued by the ministry came after the FSSAI, on 2nd April, asked all e-commerce companies to ensure appropriate categorisation of food products sold on … Read more
Prime Minister Narendra Modi on Friday inaugurated a new state-of-the-art Boeing India Engineering and Technology Center (BIETC) campus in Bengaluru. Built with an investment of Rs 1,600 crores, the 43-acre campus is Boeing’s largest such investment outside the US. Boeing’s new campus in India will become a cornerstone for partnership with the vibrant startup, private and … Read more
The proposed Electric Vehicle plant by Tesla in India seems to be gaining momentum, as Elon Musk is visiting India next month to meet prime minister Narendra Modi. As per a report by Reuters citing two sources with direct knowledge of the matter, the plans to invest in a new Tesla car factory in India will be … Read more
On Friday, 23rd June 2023, Google made a momentous commitment to India’s digital future by announcing a $10 billion investment in the country’s digitisation fund. During a meeting between Google CEO Sundar Pichai and Prime Minister Narendra Modi, Pichai expressed admiration for India’s fintech leadership and pledged support to small and large businesses not just in India but also … Read more