India has solidified its position as the world’s fastest-growing major economy, according to the latest data released by the International Monetary Fund (IMF). The IMF’s October 2024 World Economic Outlook projects India’s real Gross Domestic Product (GDP) to grow at 7.3% in 2024 and 6.5% in 2025, outpacing all major economies. This growth highlights India’s…
The Union Cabinet has given the green light to the 8th Pay Commission, which is expected to bring substantial salary hikes and benefits for central government employees. Scheduled for implementation on January 1, 2026, the commission is likely to increase the minimum basic salary to more than ₹40,000 per month. In addition to basic pay,…
Credit Card vs Debit Card Difference: Debit and credit cards are used widely for payments worldwide. They provide easy, cash-free payment methods. Though they seem similar, there are some differences between them in terms of functionality, benefits offered and risk involved. In this article, let’s understand the differences in credit card versus debit card to…
Global brands are facing serious challenges in China. Companies like LVMH, Gucci, Nike, and Starbucks are struggling. Recent reports indicate. Key Points: 1. LVMH reported a 3% decline in Q3 sales. 2. Gucci’s parent company, Kering, saw a 7% drop during the same period. Many prominent brands are losing their foothold in the Chinese market…
On October 24, 2024, the Union Cabinet of India approved significant infrastructure investments totaling Rs 7,798 crore, comprising two major railway projects in Bihar and Andhra Pradesh, alongside a new venture capital fund for the space sector. These initiatives are expected to enhance connectivity, support economic growth, and foster innovation in India’s burgeoning space industry….
IRCTC टिकट बुकिंग नियम 2024: भारतीय रेलवे ने यात्रियों के लिए अपने टिकट बुकिंग नियमों में महत्वपूर्ण बदलाव किए हैं, जो 1 नवंबर 2024 से लागू होंगे। इन नए नियमों का उद्देश्य न केवल यात्रा को सरल और सुगम बनाना है, बल्कि उन्हें सुरक्षित और आधुनिक तकनीकों से जोड़ना भी है। नए बदलावों में सबसे…
Mumbai, October 9, 2024 – Ratan Tata, the famed industrialist and former president of Tata Sons, passed away at Mumbai’s Breach Candy Hospital on Wednesday night at the age of 86. Tata, who led the Tata Group through a transformative period from 1991 to 2012, was known for his visionary leadership and significant benefactions to…
Tax Planning is a significant aspect of personal finance management. The Indian tax system offers various options for individuals and businesses to save taxes legally. However, in order to have a roadmap to effective tax saving strategies, it is necessary to understand the basic tax structure in India. Explore, in a nutshell, how one can…
Understanding the financial terminologies is crucial for navigating personal finances, businesses or investments and to make informed decisions regarding savings, investments, loans and other services. The key financial terms act as a foundation for analysing financial statements and managing money effectively. Let’s have a look at the top 10 key financial terminologies used in the…
Google Business Model: Google, a major subsidiary of Alphabet Inc., is one of the most profitable companies in the world. Initially launched as a search engine for exploring information on the internet, Google has now evolved into a tech giant with a diverse range of products and services. Today, can you imagine studying, managing business,…