Women’s Labor Force Participation Reaches Record High of 24% in Q2FY24 – Unemployment Trends Shift The evolving landscape of the workforce in Q2FY24 has seen a remarkable surge in women’s labor force participation, marking a historic high of 24%. This substantial increase in female participation is a pivotal shift in the employment paradigm, reflecting a…
India Achieves Historic Milestone in Patent Grants – 41,010 Patents in 2023-24 India has reached a significant milestone in the realm of innovation and intellectual property. The country has achieved an unprecedented milestone by granting a staggering 41,010 patents in the fiscal year 2023-24. This remarkable feat showcases India’s evolving landscape in technological advancements and…
Singapore Overtakes Hong Kong as World’s Freest Economy The economic landscape of Asia is undergoing a significant shift as Singapore emerges as the world’s freest economy, surpassing Hong Kong, according to recent reports. This development carries immense significance for students preparing for various government exams, including civil services, as it reflects the changing dynamics of…
Finance Ministry Approves Welfare Measures for LIC Agents and Employees The Finance Ministry has recently given its nod to a series of welfare measures designed to benefit Life Insurance Corporation (LIC) agents and employees. These measures come as a significant relief for the LIC community and are poised to have a substantial impact on various…
Moody’s Upgrades India’s 2023 GDP Growth Forecast to 6.7% In recent economic developments, global credit rating agency Moody’s has upgraded India’s Gross Domestic Product (GDP) growth forecast for the year 2023 to an optimistic 6.7%. This significant revision comes as a ray of hope for aspirants preparing for government exams, including positions in teaching, police,…
Centre Appoints R. Doraiswamy as LIC Managing Director The recent appointment of R. Doraiswamy as the Managing Director of Life Insurance Corporation of India (LIC) marks a significant development in the financial sector of the country. This decision has far-reaching implications, not only for the insurance industry but also for aspirants preparing for various government…
AI Impact on Job Market: Nearly 4,000 People Lost Their Jobs in May AI Impact on Job Market | In recent years, the rapid advancement of Artificial Intelligence (AI) has revolutionized various industries, including the tech sector. While AI brings numerous benefits and opportunities, it also poses certain challenges. One such challenge is the potential…
GST Revenues in India Hit Record High in April at ₹1.87 Lakh Crore In a piece of great news for the Indian economy, the Goods and Services Tax (GST) revenues for April 2023 touched a record high of ₹1.87 lakh crore. This revenue collection surpassed the previous month’s figure of ₹1.41 lakh crore by a…
India Will Be Third Largest Economy by 2027-28: Piyush Goyal India is on its way to becoming the world’s third-largest economy by 2027-28, according to Union Minister Piyush Goyal. He made the announcement during a recent meeting of the Standing Committee on Commerce. Goyal stated that India’s economy is expected to grow at a rate…
World Happiness Report 2023 : India has been ranked 117th out of 149 countries The World Happiness Report 2023 has been released by the United Nations, ranking the world’s happiest countries based on factors such as social support, income, healthy life expectancy, freedom to make life choices, generosity, and perceptions of corruption. The report has…
