The Reserve Bank of India (RBI) has brought down the key repo (repurchasing option) rate from 6.50% to 6.25% after holding the rate for two years. A repo rate is the interest rate at which commercial banks get short-term loans from the RBI. In the 53rd & first MPC...
By Dr. Adviti D, Assistant Professor, Economics, SRM University, AP
Earlier this year, Finance Minister, Mrs. Nirmala Sitharaman, announced the budget for 2024-25 on July 24, 2024, with a major focus on Agriculture, Skilling, MSME's and Middle Class. Additionally, they choose to focus on the improvement of the four vulnerable...
Dr. P.S.Biswa Bhusan Sahoo- Astt. Professor – SRM University -AP.
The Indian government's budget for 2024 is a model of strategic forethought and sound economic judgment. This well-planned budget has paved the way for a new period of development, invention, and social advancement. The Union Budget 2024 has highlighted the...
Kolkata (West Bengal) , 23rd July, 2024: Lalit Beriwala, a prominent figure in the steel and metals industry, commends the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman. True to the tradition of growth-driven and inclusive budgeting, this Budget stands out for its focus on four key areas:...
By Prof. Y Siva Sankar Yellampalli – SRM University -AP.
In India's diverse and complex socio-economic landscape, the discussion around innovation and invention is incredibly important. As the country faces the challenges of the 21st century, a significant question arises: Does India need innovation or invention more urgently? This isn't...
The average monthly household expenditure in India has more than doubled over the past decade, as reported by the Ministry of Statistics and Programme Implementation on Saturday, February 24. The Household Consumption Expenditure Survey Report 2022-23 serves as a cornerstone in understanding the intricate economic dynamics of households across...
The journey into the entrepreneurial mindset begins with a reflection on humanity's earliest days when Homo sapiens ventured beyond the African savannah in search of sustenance and security. Fast forward to the modern world; from the Industrial Revolution to the Information Revolution, humans have built products and technologies to...
Timely and disciplined tax planning can help tremendously! – Alok Kumar Agarwal
Tax planning is a crucial aspect of personal finance that involves the strategic management of one's financial affairs to minimize tax liabilities and maximize savings. By utilizing legal provisions and tax-efficient strategies, individuals can optimize their financial...
In a groundbreaking development, cloud computing has emerged as a game-changer for the healthcare industry, providing innovative solutions to enhance patient care, streamline operations, and drive transformative advancements. Esteemed cloud computing expert Asif Nusrat highlights the transformative impact of cloud computing in the healthcare sector, citing the following key...
Innovation has always been a driving force behind economic growth, and India is no exception. The Indian economy has been undergoing significant changes in recent years, with a strong focus on innovation and technology. In fact, in 2022, India made it to the top 40 countries in the Global...
