#IndianEconomy

[taazanews]

अडानी पर फिजूली तर्क देना बंद करें लोग , शेयर मार्केट में हो जाता है करोड़ों का नुक़सान – सुप्रीम कोर्ट

[kotakblog]

India turns a corner in July

Kotak Editorial Team

The disappointing economic data and corporate performance from US, the world’s largest economy had a negative sentiment globally across equity markets, but India stood strong with the board Nifty 50 index gaining close to 8.6% in July.

Why did this happen? How come India has performed well compared to its global peers or has India decoupled from its global counterparts?

There are three possible reasons for India to perform better than its peers.

Continue reading...

[zhhnmqd3k5]

Today, everyone is opting for digital payments. Card and cash payments are decreasing. In terms of digital payments, India is surpassing the leading countries in the world. You can gauge the popularity of UPI payments from the latest figures. With the increasing craze for UPI payments, mobile transactions are getting a boost. People consider UPI as the top choice for digital payments. Amidst the rapid growth in India's digital payments, FY 2023-24 witnessed significant growth in UPI transactions compared to the previous year. According to transaction numbers, there has been a 56% growth in UPI transactions, and in terms of valuation, there has been a 43% increase. This is the first time that UPI transactions have crossed the mark of 100 billion. In the fiscal year 2023-24, transactions through UPI reached 131 billion, compared to 84 billion in the fiscal year 2022-23.

हमारे Channel का प्रयास है हर निवेशक को सही निवेश की राय देना। आज ही इस चैनल को Like और Subscribe करें। Follow us on: YouTube: https://youtube.com/@indianewsbusiness Twitter: https://twitter.com/indianewsbiz Facebook: https://www.facebook.com/indianewsbus... Official Website: https://indianewsbusiness.com/

[usnewsper-business]

India: A Golden Opportunity for Investors in Technology and Healthcare Sectors #Indiadiversification #IndiaESG #Indiagrowth #Indiahealthcaresector #Indiainvestment #Indiatechnologysector #Indianeconomy #IndianETFs #Indianmarket #investinginIndia

[alishajoy059]

Navigate India's income tax rates for FY 2022-23: Individuals below 60 taxed up to 30%, seniors and very seniors enjoy exemptions. Corps at 25-30%. Deductions help lower taxable income. Stay informed for effective financial planning.

[enterprisewired]

India Emerges as World’s Fastest Growing Economy with 8.4% GDP Growth

In a remarkable surge, India has positioned itself as the fastest-growing economy globally, according to Krishnamurthy Subramanian, the Executive Director of the International Monetary Fund (IMF). The country’s third-quarter GDP growth, reported to be 8.4%, surpassed analysts’ expectations, marking the highest expansion in six quarters. This robust growth is attributed to resilient private consumption, coupled with buoyant manufacturing and construction activities.

Exceeding Projections: India’s Economic Performance

Late Thursday, data revealed that India’s economy exceeded estimations, with Reuters projecting growth at 6.6% for the October to December period. Krishnamurthy Subramanian, a former Chief Economic Advisor to the Indian government, emphasized India’s potential for approximately 8% growth for the entire year based on GDP figures. The Indian government also revised its GDP growth outlook for the fiscal year 2023-24, elevating it to 7.6% from the earlier forecast of 7.3%.

Driving Forces Behind India’s Economic Boom

Subramanian highlighted that India’s economic upswing stems from a strategic shift in the government’s focus towards higher capital expenditure. This shift witnessed over the past few years, has played a pivotal role in fostering economic growth. The Finance Ministry’s recent interim budget in February echoed this sentiment, showcasing fiscal prudence. The budget outlined plans to narrow the fiscal deficit for the financial year 2025 to 5.1%, down from the revised 5.8% for 2024. The emphasis on boosting infrastructure spending, with an estimated 11.1% rise in capital expenditure to 11.11 trillion Indian rupees ($133.9 billion) in fiscal year 2025, underscores the government’s commitment to sustaining growth.

Fiscal Responsibility and Future Projections

Subramanian anticipates a continuation of fiscal prudence in the upcoming full union budget post-India’s general elections. He expects a persistent focus on capital expenditure, emphasizing that the fiscal trajectory appears responsible. The interim budget projections indicated an 11.4% increase in tax revenue for the year, reaching 38.31 trillion rupees.

The robust GDP data has further strengthened Prime Minister Narendra Modi’s economic track record, coinciding with the approaching national elections. Analysts suggest that this stellar growth will reinforce the Reserve Bank of India’s inclination to maintain a steady course, holding interest rates at 6.5% for the foreseeable future. As India anticipates the upcoming elections in April-May, the economic momentum provides a notable boost for PM Modi and the Bharatiya Janata Party (BJP).

Read More: Smart Manufacturing: A Revolution in Industry 4.0

[sifytech]

Climate Change Could Seriously Hamper India's Progress by 2030

India ranks 7th among economies in terms of vulnerability to climate risk events. Adarsh takes a closer look at the implications…. Read More. https://www.sify.com/clean-tech/climate-change-could-seriously-hamper-indias-progress-by-2030/

[companiesnext1]

The FLA return serves as a mechanism for the RBI to monitor and analyze the cross-border financial activities of Indian companies. It helps the central bank assess the impact of foreign investments on the Indian economy and ensure compliance with relevant regulations.

[companiesnext62]

FLA Return: Mandatory annual filing by Indian companies with foreign investments, submitted to RBI. Provides data on foreign assets and liabilities, aiding RBI in monitoring cross-border financial activities and ensuring regulatory compliance.

[jaideepkhanduja]

An Insider Perspective on India's Economic Transition: Review of Arun Jaitley's Book 'A New India'

An Insider Perspective on India's Economic Transition: Review of Arun Jaitley's Book 'A New India' #ArunJaitley #ArunJaitleyBooks #ANewIndia #IndiaEconomicReforms #IndianEconomy #IndianPolitics #ModiGovernment #IndianBudget @juggernautbooks

During last decade we always had a vague sense of India changing rapidly but the specifics escaped. In that transformative period after economic reforms, I was curious to learn more about the transition from the lens of a key political leader and former finance minister. That’s why I picked up Arun Jaitley’s book “A New India” – to get insights into the Government’s economic vision and…

[sagar-jaybhay]

Will the Indian Economy grow by 13 folds to make a 40 trillion dollar economy by 2047 Prediction By Mukesh Ambani?

Will the Indian Economy grow by 13 folds to make a 40 trillion dollar economy?

The reliance industry chairman on Thursday said that India's economy will become $ 40 trillion economy in the upcoming decades or by 2047. Right now Indian economy is $3.5 trillion and as per Mukesh Ambani - Prime Minister of India economy of India in 2025 will be 5 trillion $.

Why does Mukesh Ambani think that India will grow so fast and become a leader? As per stat given by Mukesh Ambani India is 3rd largest energy consumer. As per him at the end of this decade, India's energy consumption will be doubled. Indian Economy grows by 13 folds to make a 40 trillion dollar economy To support his statement he said that the country will need an enormous amount of energy which might be clean green energy.  Will the Indian Economy grow by 13 folds to make a 40 trillion dollar economy by 2047 Prediction By Mukesh Ambani? India's energy requirement gets double in the end of this decade As per Pandit Deendayal Energy University  As per Mukesh Ambani in the next 25 years India will be the fastest growing economy but for this India young talented minds need to work on clean green and sustainable energy to fill out everyone's energy requirements at a cheap rate by doing this India will achieve this. To achieve such a big goal Mukesh Ambani asked 3 questions which are below? 1) How can it ensure that every citizen and every economic activity in India has access to adequate, most affordable energy?  2) How can it rapidly transition from fossil fuel-based energy to Clean and Green Energy?  3) How can it de-risk the expanding needs of its fast-growing economy from a volatile external environment? Mukesh Ambani has confidence that the Indian Economy will have the potential to grow fast and everyone should have faith in it. So question in your mind what is clean and green energy?  The ultimate meaning of this Clean Energy means Clean Air and Green Energy means no harm to the environment. Last week if saw the statement Gautam Adani said 2050 India will become 30 trillion economy as compared to this Mukesh Ambani is more optimistic and him  Indian Economy grow by 13 folds to make a 40 trillion dollar economy by 2047. Frequently Ask Questions Q) How many trillion dollars will the Indian economy have in 2023? $3.73 Trillion Q) What is the role of Reliance in the Indian economy? RIL is the largest private taxpayer in India and the largest exporter nearly 7% To read more about gov scheme visit here Read the full article

[usnewsper-business]

India: A Golden Opportunity for Investors in Technology and Healthcare Sectors #Indiadiversification #IndiaESG #Indiagrowth #Indiahealthcaresector #Indiainvestment #Indiatechnologysector #Indianeconomy #IndianETFs #Indianmarket #investinginIndia

[lovesexplore]

Franchise in india

Over the last decade, India has witnessed a significant transformation in the way businesses operate. The franchise model, where individuals or businesses can replicate a successful brand's model, has become increasingly popular. This revolution has paved the way for remarkable entrepreneurial opportunities.

Franchise in india