Finance Minister Nirmala Sitharaman made history by presenting her eighth consecutive Budget. This will take Sitharaman closer to the record ten budgets presented by former prime minister Morarji Desai over different time periods.But not for record breaking numbers, this year’s Budget was differen...
India’s gross domestic product growth has slumped to a seven-quarter low of 5.4% in July to September 2024 quarter – much lower than even the most pessimistic projections. GDP grew by 8.1% in the second quarter a year ago. That GDP growth was slowing down was evident when it grew by just 6.7% in...
"A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust” is how Warren Buffett, a globally acclaimed American businessman and investor highlights the dual significance of a home as both a fin...
Mark Twain once said “Clothes make the man. Naked people have little or no influence on society”. A pair of well-fitted chinos can not only make a man but also set him apart from the crowd.Mark Twain’s words are today’s reality – clothes, rather its elegance now defines a person’s person...
“You shouldn’t focus on why you can’t do something, which is what most people do. You should focus on why perhaps you can, and be one of the exceptions” says Steve Case, the co-founder of AOL. This probably defines the mindset of Indian start-up entrepreneurs; they are treading into areas wh...
“To celebrate a festival means to live out, for some special occasions and in an uncommon manner, the universal assent to the world as a whole” is how Josef Pieper, a German philosopher and writer defined the spirit of festivals.Pieper’s perception of festivals is profoundly reflected in the s...
“Banking is fascinating. Not only does it provide the lifeblood of capitalism -- namely, credit -- but its history is uniquely coherent. Railroads, automobiles, telephones, airplanes, oil companies, and technology firms all came after banks” goes the saying. Banks have historically been a prime ...
Finance Minister Nirmala Sitharaman broke the record of the former Prime Minister Morarji Desai by presenting her seventh consecutive Budget on July 23 for the fiscal year 2024-25.But not for record breaking numbers, this year’s Budget was different in its core premises also with steady improving ...
Narendra Modi has begun his third term as prime minister on the back of a largely healthy macroeconomic scenario. India’s GDP grew at an accelerated rate of 8.2% in 2023-24 compared with 7.2% in the previous year, maintaining its position as the fastest-growing major economy. The retail inflation,...
With inflation continuing to hurt daily budgets, Indian households are finding it difficult to save money. Indian households saved a smaller portion of their income in 2022-23 compared to previous year and net financial savings have dropped to a five-year low. The Reserve Bank of India has noted tha...
