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17Jul 2024 by finvestiya.com No Comments

Budget 2024 Revealed: The Sweet Secret Behind Nirmala Sitharaman’s Record-Breaking Plans- Budget 2024 Halwa Ceremony

Business

Budget 2024 Halwa Ceremony- The Union Budget 2024-25 will be presented on July 23. Its preparations have been completed. Along with the printing of budget related documents, the traditional Halwa Ceremony was held this evening (July 16). This event took place at the Union Finance Ministry in North Block, Delhi. The video of the event has been shared on the social media platform X. In this, Finance Minister Nirmala Sitharaman is seen with halwa kept in a large iron pan. The Finance Minister served halwa to the officials of the ministry. Union Minister of State for Finance Dr. Bhagwat Kishanrao Karad, Pankaj Chaudhary and senior officials of the Finance Ministry were present on this occasion. Finance Minister Nirmala Sitharaman will present the budget for the seventh consecutive time. She will…

17Jul 2024 by finvestiya.com 1 Comment

Breaking: IMF Boosts India’s GDP Growth Forecast 24-25 to 7%, RBI had estimated it to be 7.2% – What This Means for Your Investments

Business

India's GDP Growth Forecast 24-25 Before the budget, the International Monetary Fund (IMF) has increased India's GDP growth estimate for the financial year 2024-25 by 0.20% to 7%. At the same time, the GDP estimate for the financial year 2025-26 is 6.5%. Earlier in April, the IMF had given the same estimate for FY26. The IMF said in its World Economic Outlook (WEO) report that the growth forecast for India has been revised to 7.0% for this year. This has been done due to better prospects for private consumption. The World Bank had estimated GDP growth to be 6.6% Earlier in April, the World Bank had also estimated India's GDP growth for FY25 to be 6.6%. At the same time, the National Statistical Office (NSO) has estimated India's GDP…

23May 2024 by finvestiya.com No Comments

Flying Car Hexa Unveiled! LIFT Aircraft Debuts at Tokyo Tech. Future Travel: 3 Indian Companies Developing Air Taxis

Business

It was hoisted 10 meters above a parking lot outside the Tokyo Big Sight convention center in Tokyo's Koto Ward. A flying car debuted for the first time at an international tech event in Tokyo. The car flew 10 meters up with a pilot in a parking lot outside the Tokyo Big Sight Convention Center in the city's Koto Ward. The car is named 'Hexa', which has been developed by American company Lift Aircraft Inc. There are 18 propellers installed on the top of the Hexa. It is 4.5 meters wide, 2.6 meters high and weighs approximately 196 kilograms. This is a single seat car, which can land on both land and water. In India too, three companies including Mahindra and Maruti Suzuki are working on electric flying cars. The…

20May 2024 by finvestiya.com No Comments

INDRA Drops Bombshell: Indian Economy’s GDP Growth Rate Estimates

Business

India Ratings and Research told the condition of the Indian economy. The growth rate for the fourth quarter is estimated to be 6.7 percent. RBI had estimated the GDP growth rate to be 7% for 2023-24. Economic Outlook by India Ratingsand Research India Ratings and Research (INDRA) expectsthe country's gross domestic product (GDP)growth rate to be 6.7 percent in the March quarter and around 6.9-7 percent in the financial year 2023-24. Sunil Kumar Sinha, chief economist of the rating agency, has expressed this estimate. The government will release preliminary estimates of GDP growth for the fourth quarter (January-March 2024) and financial year 2023-24 on May 31. Growth Rate Projections: Q4 Estimates and FY 2023-24 Forecasts The Indian economy has grown at the rate of 8.2 percent in the June quarter…

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