India’s August GST Collection Surges to ₹1.59 Trillion The Goods and Services Tax (GST) regime has been a crucial aspect of India’s fiscal landscape since its implementation in 2017. In the latest developments, India has witnessed a remarkable surge in its GST collections for the month of August, reaching an impressive ₹1.59 trillion. This news…
India’s GDP Growth Accelerates to 7.8% in April-June Quarter The Indian economy has been a topic of significant interest for aspirants preparing for government exams, including those aiming for positions as teachers, police officers, banking professionals, railway personnel, and civil service positions like PSCS to IAS. One crucial aspect of the economy that candidates need…
Foreign Direct Investment (FDI) Equity Inflows Decline by 34% to $10.94 Billion in April-June 2023 Foreign Direct Investment (FDI) is a crucial aspect of India’s economic growth, and its trends are closely monitored, especially by aspirants preparing for various government exams. In the April-June quarter of 2023, India witnessed a significant decline in FDI equity…
National Small Industry Day 2023 National Small Industry Day is an essential event celebrated in India every year to acknowledge and appreciate the significant contribution of small industries to the country’s economy. In this article, we will delve into the importance of National Small Industry Day 2023, its historical context, and five key takeaways that…
The First Indian Unicorn of 2023 – Raises $200 Million at $1.4 Billion Valuation In a groundbreaking development for the Indian startup ecosystem, Zepto, a fast-growing delivery and hyperlocal grocery platform, has achieved the coveted status of a unicorn in 2023. The company recently secured a staggering $200 million in funding, propelling its valuation to…
RBI’s Revised Guidelines for IDF-NBFCs to Boost Infrastructure Financing The Reserve Bank of India (RBI) has recently introduced revised guidelines aimed at bolstering Infrastructure Debt Funds-Non-Banking Financial Companies (IDF-NBFCs). This move comes as a significant step in India’s quest to accelerate infrastructure development and financing, which is vital for the nation’s growth. In this article,…
Indian Economy Projected to Grow at 6% in FY24, According to NIPFP Researchers The Indian economy, a cornerstone for various government exams including civil service positions, police officers, and banking, is projected to experience a growth rate of 6% in the fiscal year 2023-24, as forecasted by researchers from the National Institute of Public Finance…
LT Governor Inaugurates 9th India International MSME Expo & Summit 2023 The 9th India International Micro, Small, and Medium Enterprises (MSME) Expo & Summit for the year 2023 was inaugurated by the Lieutenant Governor (LT Governor) on [Date] at [Location]. This significant event aims to bring together key stakeholders from the MSME sector, providing them…
Enhancing Export Preparedness: Key Findings from the Export Preparedness Index (EPI) Report 2022 The Export Preparedness Index (EPI) Report 2022, recently released by the authorities, has shed light on India’s export potential and readiness in the global market. The report evaluates various states and union territories on their export competitiveness and identifies areas that require…
SIDBI Launches EVOLVE Mission with NITI Aayog The Small Industries Development Bank of India (SIDBI) has joined hands with NITI Aayog to launch the EVOLVE (Entrepreneurship, Venture Opportunities, Learning, and Upliftment for Value Addition) Mission. This strategic collaboration aims to foster the growth and development of Micro, Small, and Medium Enterprises (MSMEs) across the country….
