Economy – Blog Category

Introduction The Unified Payments Interface (UPI) has revolutionized digital transactions in India, offering a seamless and instant payment experience. Since […]

On January 29, 2025, at precisely 6:23 AM, the Indian Space Research Organisation (ISRO) achieved a monumental milestone with the successful launch of the GSLV-F15 rocket, carrying the NVS-02 navigation satellite, from the Satish Dhawan Space Centre in Sriharikota (India TV News).

The inauguration of Donald Trump as the 47th President of the United States has set the stage for significant economic and policy shifts. As the world watches, markets have already started responding, and Indian professionals in the US are bracing themselves for potential changes in trade, regulation, and immigration policies. But what does this mean for global markets, especially India's economy? And how will Trump's policy agenda impact Indian professionals working in the US?

The wedding industry in India, a billion-dollar ecosystem, continues to thrive despite economic ups and downs. Known for its grandeur and cultural significance, the sector evolves with changing consumer preferences while remaining deeply rooted in traditions.

How does a spiritual gathering transform into an economic powerhouse? What makes the Maha Kumbh, a centuries-old tradition, such a […]

Have you noticed the latest buzz around India’s economic growth? If you’re keeping an eye on the numbers, you might be concerned about what the future holds. The National Statistics Office (NSO) has released its first advance estimates, indicating that India’s GDP growth for the fiscal year 2024-25 (FY25) is set to slow down to 6.4%. This figure marks the lowest growth rate in four years and falls short of the Reserve Bank of India’s (RBI) projection of 6.6%. Let’s break down what this means and why there’s still a silver lining in the second half of the fiscal year.

The convenience of accessing your Provident Fund (PF) is set to undergo a revolutionary transformation. Starting January 2025, the EPFO will roll out its IT 2.1 version, enabling claimants, beneficiaries, and insured individuals to withdraw claims directly through ATMs. This system is designed to minimize human intervention, ensuring a faster and more seamless withdrawal experience.

India has once again shown its love for gold, leading the global race in gold purchases by central banks. In a remarkable move, the country added an impressive 27 tonnes to its reserves in October 2024. This step not only underscores India’s smart economic strategy but also reflects the worldwide trend of boosting gold reserves during uncertain times.

Have you wondered why your EMIs or savings interest rates have remained unchanged for months, despite the fluctuating economy? Or what a seemingly technical adjustment like cutting the Cash Reserve Ratio (CRR) means for you? On Friday, December 6, 2024, the Reserve Bank of India (RBI), led by Governor Shaktikanta Das, announced a decision that could subtly reshape the economic landscape