India's economy shows resilience post-pandemic with strong growth rates. Fiscal prudence, private sector investments, and digitalization contribute to stability. IMF acknowledges India's economic achievements amidst global challenges.
Early Monday around 3am, the Army intercepted an attack on a VDG's house and a security post in Gund, Rajouri. During the exchange, a soldier and a VDG relative were injured; a suspected infiltrator was killed. The militia, started mid-1990s, revived post-2022. Infiltrators fled after throwing grenades and firing. Cordon and search ongoing.
Experts analyze the Economic Survey's GDP growth projections for fiscal 2025, emphasizing job creation, MSME growth, and energy transition challenges. Suggestions include sustained infrastructure support and inflation targeting excluding food.
The upcoming Windows 12, which is currently the next in line, may roll out soon following an update. Even after the massive Microsoft global outage that shook the entire world, the hopes and expectations around the new Windows rollout has not died down by a per cent. Here's what we know about the upcoming Windows 12 release date.
A survey suggests the central bank should re-examine its inflation-targeting framework, excluding food items, which are often driven by supply constraints rather than demand shocks. The Reserve Bank targets headline inflation based on the consumer price index, with food items having over 40% weight.
The Supreme Court has put a hold on directives from UP and Uttarakhand for shop owners to display names during Kanwariya yatra. The move is facing legal challenges with concerns raised about communal bias and economic repercussions for Muslim-owned businesses.
The Chief economic advisor discusses the projected 7% growth rate for FY25, highlighting the importance of a balanced approach amidst global challenges. The economy shows positive momentum with growth in various sectors. Strategies for sustainable growth and addressing key issues are emphasized.
The Economic Survey has urged corporate India to invest in the private sector, as the government's capital expenditure has increased the economy's productive potential. The survey found that private sector gross fixed capital formation in machinery and equipment and intellectual property products has grown by 35% in the four years through fiscal 2022-23, while its GFCF in "dwellings, other buildings and structures" increased by 105%.
The Survey suggests key interventions in various areas such as skills development, cooling methods, PV waste management, data upgrades, fertilizer subsidies, and price monitoring. It also highlights the frequency of mentions of different countries.
A survey in New Delhi has urged the Indian state to relinquish control and reduce compliance burden in taxation to allow the private sector to grow. The survey argued that the state could free up its capacity and focus on areas where it has to, by letting go of its grip in areas it does not. It called for policymakers to engage in dialogue, cooperation, and coordination across ministries, states, and unions.
MaXXXine continues the story that began with the 2022 film X and its prequel, Pearl. The film features Mia Goth reprising her role as Maxine Minx, an aspiring adult film star from the 1980s who faces the challenges of newfound fame while confronting the terror of a serial killer targeting Hollywood stars.
India is on the path to achieving the target of 500 GW of renewable energy by 2030. Power consumption since 2011 has grown faster than fossil fuel demand. The EV revolution is taking off. Supporting this growing transition-focused infrastructure ecosystem will require a concerted effort towards enabling policies and regulations, a large pool of diverse capital and close collaboration among all key stakeholders. This three-pronged approach can unlock greater capital and opportunities over the next few decades.
The Economic Survey emphasizes easing licensing, inspection, and compliance for MSMEs. Reforms in urban development, regulatory compliance, and digital connectivity, creating an export strategy, and reducing states' compliance burdens are crucial per FISME. MSMEs benefit from Udyam and Udyam Assist Portals. The survey highlights limited management bandwidth for growth activities, funding, and labor acquisition.
India's IT services exports show a shift in composition with a decline in software share and a rise in other business services, according to Economic Survey. The growth of GCCs is highlighted, with revenue projected to reach $100 billion by 2030. However, IT sector hiring has slowed down in FY24, signaling potential challenges ahead.
The latest Economic Survey in India strikes a balance between realism and aspiration, acknowledging progress made but also identifying the current constraints. The survey's GDP forecast for 2024-25 is 6.5-7%, reflecting the country's growing economy. However, the survey acknowledges the more challenging global environment, including higher interest rates, industrial policy activism, and the uncertainty of Artificial Intelligence.
India's GDP grew 8.2% in FY24, per the Economic Survey 2023-2024, despite inflation control and rising debt. Net FDI fell due to repatriation. A 6.5-7% growth is projected via MSMEs, agriculture, state capacity, private sector investment, and employment enhancements. Employment data taken from the Annual Survey of Industries. Views are personal.
Many political analysts believe that Donald Trump’s election campaign may have peaked early and this has left them open to attacks by the Democrats. They need to shed the overconfidence and fight this out on the electoral pitch.
India’s 5G network is rapidly advancing, with its global mobile broadband speed ranking rising from 118 to 15 as of March 2024, according to the Economic Survey 2023-24. To support this growth, the government will allocate 5% of Universal Services Obligation Fund collections for telecom R&D. India’s teledensity has grown from 75.2% in March 2014 to 85.7% in March 2024, with wireless connections reaching 116.5 crore.
Education Minister Dharmendra Pradhan and Opposition MPs in the Lok Sabha debated the alleged NEET-UG paper leak. Opposition MP Manickam Tagore claimed 70 paper leaks in the past seven years, while Pradhan claimed no leaks and the issue was limited to an incident of discrepancy at one centre around Patna. Pradhan denied the charges and stated that the case is before the Supreme Court.
The Economic Survey highlights the negative impact of social media overuse and unhealthy habits on India's workforce. Experts stress the importance of addressing mental health issues in children linked to excessive internet use. The Digital Personal Data Protection Act of 2023 aims to protect young users. More awareness and support are needed.
Gautam Gambhir discussed Kohli, Rohit’s ODI future, workload for Sri Lanka tour, and Bumrah’s management. He addressed Surya’s T20 captaincy, Pandya’s challenges, Shubman’s future, and Jadeja’s rest. Gambhir emphasized his relationship with and respect for Kohli, Champions Trophy 2025, November 2024 Australia tour, and representing 140 crore Indians.
Rachel Minaya, the wife of New York Yankees' Omar Minaya, has passed away.
A resolution on alleged irregularities in NEET will be moved in West Bengal assembly by the ruling Trinamool Congress on Tuesday under Rule 169, Speaker Biman Bandopadhyay said. "This decision was taken in the meeting of business advisory committee," he said.
The Supreme Court has ruled that systemic flaws in the NEET-UG 2024 examination need to be addressed. The court emphasized the need for cogent evidence to warrant a retest, contrasting the possibility of mass dissemination of the leaked examination paper with alleged system failure. The court referred to the National Testing Agency's (NTA) results posted after masking student identities.
Prime Minister Narendra Modi has urged the Opposition to unite for the welfare of the country, particularly the poor, farmers, youth, and women, for the next five years. He assured that the upcoming budget will outline the roadmap for India to become a developed nation by 2047.
