The country‘s Finance Minister Nirmala Sitharaman said on Friday that the slowdown in GDP growth rate in the September quarter is not ‘systemic’ and economic activity with better public expenditure in the third quarter can compensate for this slowdown. In the July-September quarter, the country’s gross domestic product (GDP) grew …
Read More »GDP growth slowed down, country’s economic growth stood at 5.4 percent in the second quarter of the current financial year
GDP Data: GDP growth figures for the second quarter of FY 2024-25 are out. According to the data released by the government, India’s economic growth declined to 5.4% in the second quarter. Let us tell you that in the second quarter of the last financial year 2023-24, India’s GDP was 8.1 …
Read More »Quick commerce company Zepto raises US$350 million, tremendous support from Indian investors
Quick commerce company Zepto has raised US $ 350 million in a domestic funding round. Indian investors have supported the fundraising. The company announced this on Friday. The company said that Quick Commerce Company called it the largest 100 percent domestic fundraising in India’s startup ecosystem. According to PTI news, …
Read More »India’s GDP Outshines G7: Find Out Which Nations Are Lagging
India GDP Compared to G-7 Countries: Insights from the 50th G-7 Summit in Apulia, Italy The 50th G-7 Summit in Apulia, Italy, brought together the leaders of some of the world’s largest economies to discuss pressing global issues and economic strategies. Among the distinguished guests was India’s Prime Minister Narendra …
Read More »WPI Data: A Ray of Hope for the Common Man as Inflation Rises for the Fifth Consecutive Month in August
Understanding WPI Inflation: August Wholesale Price Index Figures In recent news, the Wholesale Price Index (WPI) figures for the month of August have been released, showing a consistent decline over the past five months. This decline has brought the wholesale inflation rate down to 0.52%, a significant drop from its …
Read More »“PM Modi’s Bold Statement: India’s Economy Ranks 5th Globally in Just 9 Years!
PM Modi Praises India’s Economy, Highlights Growth Achievements In a significant address during the meeting of G20 trade and investment ministers, Prime Minister Modi expressed his appreciation for India’s thriving economy. He emphasized that the global community is now viewing India’s economy with confidence, acknowledging its alignment with opportunities and …
Read More »Breaking Records: How Government e-Marketplace (GeM) Portal Achieved 1 Trillion Rupees in Purchases
Unlocking the Power of GeM Portal: A Government Buying Revolution In a recent government statement, it has been revealed that the purchases of goods and services through the Government e-Marketplace (GeM) portal have surpassed a staggering one trillion rupees in this fiscal year. The GeM portal, operated by the central …
Read More »BRICS Summit 2023: PM Modi Envisions India’s $5 Trillion Economy, Highlights at Business Forum
BRICS Summit: PM Modi Envisions India as the Global Engine of Growth In a significant address at the BRICS Business Forum Leaders’ Dialogue, Prime Minister Narendra Modi expressed his optimism for India’s economy, projecting it to reach an impressive five trillion dollars. He highlighted India’s potential to become the driving …
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