Friday, February 28, 2025

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indian economy

Modi govt is empowering women, data shows massive increase in female labour force participation in 5 years: Details

Female LFPR is a key indicator of economic empowerment of women and economic inclusiveness.

Former IAS Anil Swarup publishes flawed analysis comparing GDP per capita with personal wealth, Sucheta Dalal amplifies the same, deletes post after backlash

The flawed ‘analysis’ by Anil Swarup was amplified by veteran business journalist Sucheta Dalal who in an X post published on 4th December said, “Some perspective for those wearing saffron tinted glasses. Try thinking when you cheer a govt that kills faith in institutions/regulators (SEBI), makes it hard to reclaim your own money (@authorityiepf @socialepfo @RBI), extracts 18% GST on essentials!”

India very open and welcoming: S Jaishankar rejects Joe Biden’s claim that India is “xenophobic” and the country’s economy is faltering

External Affairs Minister S Jaishankar has rejected recent remarks by US President Joe Biden describing India as "xenophobic"

All big rating agencies revise India’s growth projection upwards, predict it will be fastest fastest-growing economy among G-20 nations this year

India will be the fastest growing economy among the G-20 nations in 2024, the big rating agencies have projected

Budget 2024: FM Nirmala Sitharaman highlights the steps taken by government in 10 years to transform Indian economy

"Indian economy witnessed profound positive transformation in the last 10 years," said Sitharaman, while presenting Budget 2024 in the Parliament

JP Morgan includes India in its global bond index, ‘FAR’ programme of the Modi govt facilitated the inclusion

Following the announcement of JP Morgan, it is now expected that India will be included in the global bond index of other banks as well.

Indian Economy to grow at 8.3% in the first quarter and 6.7% in FY24: What the SBI research says

SBI’s Chief Economic Advisor, Ghosh added that the first quarter of 2023-24 saw a huge increase in capital expenditure both by the centre (63%) and the states (41%).

Banking sector improved in past 9 years under Modi govt: SBI research finds tripling in net profit, 2x increase in credit and deposit growth

The net profit of banks increased from ₹809 trillion to 2,480 trillion between Financial Year 2013-2014 and Financial Year 2022-2023.

‘Clearing your mess’, says FM Nirmala Sitharaman to Opposition over reforms and recovery in the banking sector

“We realised that the banking sector needs to be healthy and therefore we took a lot of measures. Banks are able to work without political interference, they are working with professional integrity. 'Banks mein failaya hua aapka raita hum saaf kar rahe hai’,” Minister Sitharaman said. 

UPI payments at Eiffel Tower, India’s economic success story and democratic principles: Key takeaways from PM Modi’s address to the Indian diaspora in France

PM Modi said, "I came out of my home with a resolve. Every part of me and every moment of time is dedicated to my countrymen."

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