Union Budget 2023: Key Highlights Of The BudgetÂ
Yesterday, Finance Minister Nirmala Sitaraman presented the Union budget 2023-24. There were high expectations from this budget, especially from the middle class. During her speech, the finance minister announced the changes in the tax slab and the boosting of capital investment for creating new jobs for youth. The Modi Government presents this budget as accelerating…
Yash Sharma
UK Economy Is Expected To Shrink in 2023- IMF
The International Monetary Fund (IMF) recently predicted that the UK would be the only economy to shrink in 2023. According to the economic forecast report published by the IMF on Monday, the UK can experience a significant decline in its economy and perform worse than Russia. Experts also forecasted that the economy is expected to…
Seetu kumar
IMF Predicts India, China To Lead Global Economy in 2023
The International Monetary Fund(IMF) predicted that India and China would account for half of the global growth in 2023. According to the latest outlook of the IMF, India will remain the bright spot along with China in the global economy. Both countries witnessed a strong recovery from the Covid19 slowdown and noticed faster economic growth. According…
John David
Chairman Arun Kumar Singh Is Appointed As CEO Of ONGC
More than a month after Arun Kumar Singh was appointed as the Chairman of India’s largest oil and gas producer ONGC, is now appointed as the Chief Executive Officer (CEO) of the company, according to the stock exchange filing by ONGC. The government named Arun Kumar Singh, who, a couple of months back, retired as…
Shipra Prajapati
Oil Price Dips Amid of China’s Crude Demand In 2023
The global oil market noticed a dip in crude oil prices amid the hope of China’s reopening from the economic slowdown. The Asian trade market noticed a 0.4% decline in Brent crude oil, around 36 cents. On the other hand, West Texas Intermediate crude was $76.65 per barrel, which fell 21 cents. As China lifts…
India Needs 18% GDP Growth To Meet Current Job Demands
In the latest report (State Of India’s Livelihood) released by the ACCESS department, India would require a GDP growth rate of 18% to ensure that the growing job demands are met. The study underlines the shift of people from agriculture to low paying jobs. It brings attention to the fact that people are shifting from…
Vikram Dev Dutt Appointed As Director General Of DGCA
The cabinet’s appointment committee on Saturday approved Vikram Dev Dutt’s appointment as Director General of the Directorate Of General Civil Aviation (DGCA). Dutt is a 1993-batch IAS officer of the AGMUT (Arunachal Pradesh, Goa, Mizoram, and United Territory) cadre and currently working as Chairman and Managing Director (CMD) of Air India Assets Holding Ltd (AIAHL)….
Tata Motors Asks For $600 Million To Expand EV Business
Back in the funding game, Tata Motors asks for $600 million in funding from global investors to set the electronic vehicle business in motion. Already marking its presence in the EV segment, it is not the first time that Tata has asked for funding. The auto giant has already raised $1 billion from TPG’s Rise…
Microsoft & Amazon To Cut-Off Combined 25,000 Jobs
On Wednesday, Microsoft (a tech giant) announced the layoffs of its 10,000 employees which covers 5% of its workforce. This decision of Microsoft comes after the fresh round of Amazon’s layoffs which includes 18,000 job cuts. After the pandemic, the tech industry went through difficult times that resulted in massive layoffs in companies like Meta,…
Adani Enterprise Plans To Launch Rs.20,000 Cr. FPO
The Adani Enterprise, a flagship of the Adani Group is expected to start the documentation process with the Securities Exchange Board Of India (SEBI) to file for an FPO (Follow-on public offer) worth rupees 20,000 crores. This FPO is likely to be the largest, succeeding the Yes Bank FPO that raised 15,000 crores in the…
