Business

GDP

All about GDP (Gross Domestic Product)

Overview of GDP A key indicator of a nation’s economic performance is its gross domestic product (GDP), which is the total value of all products and services produced inside its borders over a given time frame, usually a quarter or a year. Policymakers, investors, and analysts use it extensively as a crucial economic indicator to …

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Skipper Stock Surges

Skipper Stock Surges Over 13% to New All-Time High After Securing ₹737 Crore Order

In its Engineering Products division, Skipper is a top producer of transmission and distribution structures (Towers & Poles), a well-known brand in the polymer industry, and a reliable partner for carrying out essential infrastructure EPC projects. According to its website, its global reach extends to more than 55 countries and encompasses continents including Latin America, …

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India's GDP Growth

India’s GDP Growth soars to 8.4%, growth in FY24 to be at 7.6%

The December quarter had an 8.4% growth in India’s gross domestic product (GDP), according to figures released on February 29 by the Ministry of Statistics and Programme Implementation. This quarter’s 8.4% year-over-year increase is the highest since 2022’s second quarter, exceeding 6.6% of projections. In its second advance estimate of the national accounts, the NSO …

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Downfall of Byju's

What is the Reason for the Downfall of Byju’s?

The top online learning platform in India, BYJU’S, has transformed education by giving students all throughout the nation easily accessible and interesting learning opportunities. With a wide variety of courses spanning science, math, and other areas, BYJU’S is now known for its innovative and high-quality instruction. Learners of all ages have been enthralled with its …

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India's Top 10 Growing Companies in COVID

India’s Top 10 Growing Companies in COVID

Amidst the COVID-19 pandemic, a number of Indian enterprises exhibited impressive resilience and expansion in many industries. These businesses, which ranged from pharmaceutical pioneers like Dr. Reddy’s Laboratories to telecommunications behemoths like Reliance Industries, quickly adjusted to shifting market conditions, boosting revenues and growing their market share. Here is a list of the top ten …

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Paytm Money

Is Paytm Money Reliable in Protecting Your Money?

The Indian bank regulator, RBI, has told Paytm Payments Bank to stop taking on new customers right away. This is because of a law called the Banking Regulation Act, which allows the RBI to do this if they find problems with a bank. With effect from February 29, 2024, all client accounts, prepaid cards, wallets, …

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What is MSP Benefits, Works and Guidelines!

What is MSP? Benefits, Works and Guidelines!

The government has established the Minimum Support Price (MSP) system in agricultural economies to guarantee farmers a minimum price for their commodities. The government sets the MSP in order to shield farmers from changes in the market and guarantee them a fair price for their produce. Here’s a summary of its advantages, methods, and rules: …

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Supreme Court Declares Electoral Bonds Unlawful,

Supreme Court Declares Electoral Bonds Unlawful, Citing Violation of Right to Information

The Supreme Court overwhelmingly determined on Thursday that the electoral bonds programme, which gives political donors complete confidentiality, and significant legal changes permitting big business to make unlimited political contributions are “unconstitutional and manifestly arbitrary.” In his main judgement, Chief Justice Chandrachud noted that the total non-disclosure of the source of political money through electoral …

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Indian Launched UPI

Indian Launched UPI Payment services in Sri Lanka and Mauritius

India has taken a significant step towards bolstering its financial cooperation and digital connectivity with the successful launch of its Unified Payment Interface (UPI) services in Mauritius and Sri Lanka. Additionally, in Mauritius, RuPay card services have been introduced, further enhancing the reach of Indian digital payment solutions. Through these strategic initiatives, India aims to …

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Repo Rate Unchanged

The Repo Rate is Left Unchanged by the RBI for the Sixth Time in a Row

The task of determining the policy repo rate to meet the inflation target while keeping growth in mind has been given to the monetary policy committee. Although it is still high and was 5.69 percent in December 2023, retail inflation in the current fiscal year has decreased from its top of 7.44 percent in July …

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