Category: economy

As we stride through the mid-year, it’s crucial to revisit the economic predictions made at the outset of 2024, evaluating their trajectory and real-time impacts on the Indian economy. With a keen focus on GDP growth, stock market dynamics, political strategies, consumer behavior, and the evolving employer-employee relationship, this analysis unravels the intricate patterns shaping … Continue reading India’s Path Ahead in 2024

Dr. Yusuf Hamied, the visionary leader of Cipla, navigated a turbulent sea of medical and ethical challenges to revolutionize AIDS treatment. His journey, underscored by relentless dedication and profound empathy, would change the course of pharmaceutical history, providing life-saving drugs at unprecedentedly low prices. The Genesis of a Movement In 1986, Dr. Hamied stumbled upon … Continue reading The 🇮🇳 tycoon who took on big pharm by launching $1 AIDS Drugs that shook the world

India stands on the cusp of a transformative journey towards superpower status by 2047, according to the seasoned insights of Martin Wolf, the chief economics commentator at the Financial Times. Despite the inevitable hurdles, such as a sluggish global economy and a precarious international environment, India’s trajectory remains promising. Wolf underscores that India’s ambition to … Continue reading India’s Path to Superpower by 2047—Triumphs and Trials

As the 2024 Budget looms, a pivotal proposal has surfaced, calling for the establishment of the Eighth Pay Commission. This commission is tasked with reassessing the pay scales, dearness allowances (DA), pensions, and various benefits for central government employees and pensioners. In a compelling appeal, Shiv Gopal Mishra, Secretary of the National Council (staff side, … Continue reading 🇮🇳 Eighth Pay Commission

Imagine being in the heart of Japan, surrounded by the buzz of a high-stakes meeting where the future of investment and innovation is at stake. This was the scene as Karnataka’s Honourable Minister for Large, Medium Industries, and Infrastructure Development, MB Patil, led a high-level delegation on a mission to attract global companies to invest … Continue reading Karnataka’s Bold Push—MB Patil Courts Japanese Giants for Game Changing Investments

The proposal to establish the 8th Pay Commission aims to enhance the basic salary and dearness allowance (DA) for central government employees. The 8th Pay Commission’s due date is highly anticipated, marking a significant milestone in the financial betterment of government staff. West Bengal: A Powerhouse of MSME Innovation and Employment West Bengal, a thriving … Continue reading 8th Pay Commission—Immediate Action Needed to Boost Central Government Employees’ Salaries

In a decisive move, the central government has imposed stock limits on tur and chana, effective immediately and lasting until September 30. This measure, targeting wholesalers, retailers, big chain retailers, millers, and importers, aims to curb hoarding and speculative practices, thereby enhancing the affordability of these essential pulses for consumers. The Consumer Affairs Ministry, through … Continue reading Government Enforces Stock Limits on Tur and Chana Until September 30

The imperative for reform in India’s personal income tax regime looms large as we approach the Union Budget for 2024-25. The shift of domestic companies to a lower tax bracket five years ago has notably increased pressure on individual taxpayers, who now bear the brunt of tax collections with peak rates surpassing 40 percent. This … Continue reading Revamping India’s Tax Landscape— Urgent Reforms for Fairness and Growth

Gujarat, a state renowned for its pioneering spirit in renewable energy, has embarked on an ambitious journey to bolster its transmission infrastructure. Recognizing the exponential growth in renewable energy capacity, particularly in wind and solar power, Gujarat Energy Transmission Corporation (GETCO) has committed a staggering ₹96,000 crore over the next eight years. This strategic investment … Continue reading Gujarat’s ₹96,000 Crore Power Play

In an extraordinary development, India’s importation of gold and silver from the United Arab Emirates (UAE) has surged by an impressive 210%, reaching a staggering $10.7 billion in the fiscal year 2023-24. This significant increase comes even as the nation’s overall imports experienced a decline of 9.8%, totaling $48 billion for the same period, according … Continue reading India’s gold and silver imports from UAE surged by 210% to $10.7 billion in 2023-24, according to GTRI.