“The Indian economy has witnessed profound positive transformation in the last ten years. The people of India are looking ahead to the future with hope and optimism” was how FM Sitharaman opened her interim Budget speech for 2024-25.The UN World Economic Situation and Prospects (WESP) 2024 repor...
As India enters into 2024, the automotive sector stands ready to script a remarkable growth narrative. Backed by a buoyant demand in the passenger vehicle segment despite continuing rises in commodity prices, automobile makers are optimistic to embrace new technologies, especially in the electric mo...
“The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into smaller manageable tasks, and then starting on the first one.” observed Mark Twain, the American humorist and author. Mark Twain's words seem to have shaped the mindset...
“Owning a home is a keystone of wealth --- both financial affluence and emotional security’ said Suze Oman, an American financial advisor and author. Suze seems to have portrayed the Indian sentiments to perfection. Owning a home for an average Indian is as much a step for wealth building as the...
The festival season is here. India celebrates its two biggest festivals, Durga puja and Diwali, during October-November. While for the larger part of the country, festival spirits are flagrant around the Diwali, in Bengal, it starts with the Durga puja. With the Durga puja having been inscribed on t...
India’s gross domestic product (GDP) rose by a four-quarter high of 7.8% during April-June quarter of the current fiscal against a comparatively lower growth forecast of many international agencies. The higher growth is largely attributed to the sharp increase in capital expenditure by the central...
"Travel makes one modest. You see what a tiny place you occupy in the world.” Is how Gustave Flaubert, the nineteenth century French novelist and the exponent of literary realism, looked at travelling.Flaubert’s concept of travelling was based on nineteenth century realism of a modern society bu...
Amidst global uncertainties and a faltering global economic growth prospect, the Indian economy continues to display robust growth momentum, supported by strong macroeconomic fundamentals. The Reserve Bank of India has projected the real GDP growth at 6.5% for 2023-24 over and above the 7.2% growth ...
India has become Europe’s biggest supplier of refined fuel last May surpassing Saudi Arabia, according to analytics firm Kpler. This was due to Western sanctions that have cut off direct oil flows from Russia, the main source of oil for Europe.Taking advantage of the western sanctions on Russia fo...
More than a century ago, in 1907, the first iron and steel plant, Tata Iron and Steel Company was set up at Jamshedpur in Jharkhand (then Bihar) with a production capacity of one lakh tonnes. It’s part of the history now. Tata Steel has grown manifolds over the years and is now among the top steel...
