Introduction: In a remarkable development for the Indian economy, India’s exports in October 2024 have seen an impressive surge, breaking previous records. The country’s merchandise exports have grown by 17.3%, and India is now on track to achieve a milestone of $800 billion in total exports by the end of the fiscal year. This surge…
With Donald Trump securing victory in the U.S. presidential election, there’s a surprising turn of events in the gold market that could benefit Indian consumers—just as the country enters its bustling wedding season. Gold prices have experienced a significant dip, falling by ₹4,750 per 10 grams on the Multi Commodity Exchange (MCX) since November 4,…
The Employees’ Provident Fund (EPF) and Employees’ Pension Scheme (EPS) are vital savings tools that ensure financial security after retirement. Recently, there has been buzz about the government planning to increase the contribution limit for EPF and EPS from Rs. 15,000 to Rs. 21,000. This proposed change could significantly impact employees, particularly those who are…
Onion prices in India have surged dramatically, surpassing ₹100 per kilogram in several cities, causing concerns for households and policymakers alike. This essential commodity, a staple in Indian kitchens, is now at the center of public discourse. Here’s an in-depth look at the reasons behind the price hike and what lies ahead. The Current Situation…
Bitcoin’s latest surge has grabbed global attention, reaching an impressive milestone of nearly $89,000 per coin. This unexpected rise has sparked discussions and speculation, particularly in light of recent developments in U.S. politics. Let’s dive into the factors contributing to Bitcoin’s rally and why former U.S. President Donald Trump’s influence might be at play. The…
Retail inflation in India has surged to a 14-month high of 6.21% in October, driven largely by a sharp rise in food prices, particularly fruits, vegetables, meat, fish, and oils and fats. According to the data released by the National Statistical Office (NSO), food inflation has spiked to double digits, reaching 10.87% in October. This…
The Indian Rupee (INR) has hit a new record low against the US Dollar, touching ₹84.38 in recent trading sessions. This marks a significant decline for the Indian currency, and the impact of this depreciation is felt across various sectors of the economy. Key Factors Behind the Weakening of the Indian Rupee Global Dollar Strength:…
According to a groundbreaking report by the International Energy Agency (IEA), the global market for clean energy technologies is set to soar from $700 billion in 2023 to more than $2 trillion by 2035. This rapid growth mirrors the scale of the world’s crude oil market in recent years, signaling a major shift towards renewable…
A significant number of Indians are reported to have lost around ₹1,000 crore due to a scam involving the Hibox application, which promised high returns on investments. The app gained traction through endorsements from popular social media influencers, including YouTuber Elvish Yadav and comedian Bharti Singh, both of whom have now been summoned by the…
In a groundbreaking move that could redefine the search engine landscape, OpenAI has officially launched Search GPT, a new AI-powered search engine. This innovative platform aims to challenge Google’s long-standing dominance, which currently commands over 90% of the global search market. As digital technology evolves, the introduction of Search GPT raises important questions about the…
