U.S. Tariffs on Mexico, Canada, and China Introduction to the Tariffs On February 1, 2025, U.S. President Donald Trump imposed tariffs on goods imported from Mexico, Canada, and China. The tariffs were introduced as part of the administration’s strategy to address illegal immigration and the growing issue of fentanyl trafficking. This action has raised concerns…
PM Modi Inaugurates Utkarsh Odisha Business Conclave: Key Highlights and Implications Introduction to Utkarsh Odisha Business Conclave On January 29, 2025, Prime Minister Narendra Modi inaugurated the Utkarsh Odisha Business Conclave in Bhubaneswar, marking a significant milestone in the state’s growth journey. The event was aimed at fostering economic growth, attracting investments, and positioning Odisha…
Nine Years of Startup India: A Journey of Innovation Introduction: The Rise of Startup India The “Startup India” initiative, launched by the Government of India on January 16, 2016, has completed nine years of transformative impact. It aims to foster innovation, promote entrepreneurship, and facilitate job creation in the country. Over the years, Startup India…
PM to Inaugurate Z-Morh Tunnel Boosting Kashmir-Ladakh Connectivity The Prime Minister of India is set to inaugurate the Z-Morh Tunnel, a significant infrastructure project aimed at enhancing connectivity between the Kashmir Valley and Ladakh. This tunnel, located at a high altitude in the Jammu and Kashmir region, will reduce travel time and improve the movement…
Flipkart and DPIIT Collaborate to Boost India’s Startup Ecosystem Introduction: A Strategic Collaboration to Foster Growth In a significant move to support India’s growing startup ecosystem, Flipkart, a leading e-commerce giant, has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) to promote and empower startups across the country. This collaboration is…
GST Collection on Health and Life Insurance Sees a Significant Surge The Goods and Services Tax (GST) collection from the health and life insurance sector has witnessed a remarkable rise, reflecting a growing demand for insurance products and increased financial inclusion. This development highlights the sector’s pivotal role in India’s economy and its importance for…
PM Modi Kicks Off Historic Cooperative Conference in India On November 25, 2024, Prime Minister Narendra Modi inaugurated a historic conference focused on cooperative development in India. This high-level event, aimed at discussing and formulating strategies to strengthen the cooperative sector, brings together key stakeholders from the government, industry, and civil society. The conference also…
State Bank of India Raises $500 Million via Five-Year Bonds Introduction: SBI’s $500 Million Bond Issuance The State Bank of India (SBI), one of India’s largest public sector banks, has successfully raised $500 million through the issuance of five-year bonds. This move highlights SBI’s robust financial standing and its efforts to diversify funding sources. The…
India’s Exports Soar by 17% in October, Trade Deficit Hits $27 Billion India’s export performance in October 2024 has shown remarkable growth, with exports soaring by 17% compared to the previous year. This growth has been attributed to strong demand for goods in key sectors, including petroleum products, chemicals, engineering goods, and textiles. The overall…
SBI Mutual Fund Surpasses ₹10 Lakh Crore in AUM: A Milestone in the Financial Sector SBI Mutual Fund, a prominent player in India’s asset management industry, has recently achieved a significant milestone by surpassing ₹10 lakh crore (₹10 trillion) in assets under management (AUM). This landmark achievement positions SBI Mutual Fund as the largest mutual…
