Rupee Breaches 84 Against US Dollar Amid High Oil Prices and FII Outflows: ...
India’s financial markets are facing a turbulent period as the rupee plunged past the 84 mark against the US dollar for the first time on October 11, 2024. This decline is driven by a combination of surging global crude oil prices and substantial Foreign Institutional Investor (FII) outflows... read more »
India’s 2024 Global Hunger Index Ranking: A Wake-up Call for Stronger...
India has once again faced a grim reality in the 2024 Global Hunger Index (GHI), ranking 105th out of 127 countries. Despite being one of the fastest-growing economies, India struggles with severe hunger and malnutrition, landing in the “serious” category. The GHI, jointly published by... read more »
₹6 Lakh Crore Wiped Out: Key Factors Behind Today’s Market Crash Amid Middl...
Today, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by approximately 1%. This sudden decline follows a period of rally and can be attributed to several critical factors: 1. Geopolitical... read more »
Elon Musk Warns U.S. Approaching Bankruptcy as National Debt Soars
In a recent statement, Elon Musk has raised concerns over the U.S. economy, warning that the country is on a fast track to bankruptcy. With the national debt surpassing $34.94 trillion, the burden of interest payments has become overwhelming. In 2024, interest payments on the debt are expected to... read more »
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Udyam Registration Benefits MSMEs Across India: A Detailed Insight
Introduction:The Udyam Registration has become a cornerstone for Micro, Small, and Medium Enterprises (MSMEs) in India, providing access to numerous government-backed schemes that foster... read more »
World Development Report 2024: Navigating the Middle Income Trap
The World Bank has released its highly anticipated World Development Report 2024, titled “The Middle Income Trap”. The report sheds light on the challenges faced by... read more »
Report on the Indian Union Budget 2024
The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on July 23, 2024, marks a significant milestone in India’s economic journey. This budget, the first during... read more »
Tim Cook Invests In Crypto But Don’t Expect It On Apple Pay.
Tim Cook revealed that he personally invests in cryptocurrency, but that he has no plans to invest Apple’s cash in the asset. Apple Inc. chief executive officer Tim Cook said the... read more »
How is Taxable Income Calculated – Know Income Tax Slab Bas...
All individuals and entities in India, having a taxable income, are required to pay taxes to the Income Tax Department and file their income tax returns. If you are looking for financial savings,... read more »
