Indian Economic Growth to Upper- Middle-Income Status

 India’s economy is projected to reach upper-middle income status by FY36. Will it mark a turning point for India? Let’s find out. Boasting the fastest growth among developing G20 nations, India has set an ambitious goal: becoming a fully developed economy by 2047. With a robust 6.8% growth expected, India will maintain its status as […]

New fiscal year, 9 new rules

The new fiscal year is here. How will the changes from April 1 affect your wallet? Learn more. As we enter the fiscal year 2024-25 on April 1, significant financial and regulatory changes await. From tax updates to digital payment security, these adjustments will impact our investments and daily finances. Let’s explore what these changes […]

India Embraces EVs: Why & how?

What’s driving India’s shift to electric vehicles? Explore the surge in EV adoption and how it’s steering India towards a greener future. Ford Motor Company made headlines last year when it ceased its operations in India. This move left industry watchers and consumers wondering about the future of the car market in the country. Yet, […]

Viksit Bharat: Modi’s master plan

PM Modi’s Viksit Bharat vision aims to elevate India into a $30 trillion economy by 2047. How will this ambitious plan unfold and impact every Indian? Source: Business Standard On 11 December 2023, Prime Minister Narendra Modi launched ‘Viksit Bharat@2047‘ with a clear vision for India’s future. In the following year’s budget, Finance Minister Nirmala […]

Will the 2024 Budget (Interim) Live Up to Its Promises? 

Budget 2024

2024 budget insights: Beyond the numbers, what will it change for you and the nation? The interim 2024 budget for the fiscal year 2024–25 was presented to the Lok Sabha on February 1 by Finance Minister Nirmala Sitharaman. This 2024 budget serves as a preliminary financial framework for the country as the current government’s term […]

Why is India facing food inflation?

Have you heard of food inflation in India? Here is all you need to know. Discover the secret behind the price surges of your kitchen essentials. We were all witnesses to the recent story of prices of tomatoes surging beyond imagination. This everyday household vegetable was suddenly under the premium category.  One kilogram of tomato […]

Ministry of Finance: The Architect of the Economy

Ministry of Finance

Understand a ministry of finance in India that oversees financial institutions, taxation, financial legislation, capital markets, centre and state finances and much more.  In the Union Budget 2023-24, Finance Minister Nirmala Sitharaman presented a vision for ‘Amrit Kaal’, laying out a blueprint for an empowered and inclusive economy. This annual event, known as the “budget,” […]

Digitalization of the financial sector

financial sector

In 2022, financial sector global wealth is estimated at USD 454.4 trillion, making money more central than ever. Yet, what we consider ‘money’ is not static. It’s a dynamic entity that has evolved considerably over time. From financial sector barter systems to digital bytes, the form has changed, but the function remains consistent: to serve […]

GIFT City Gujarat and its impact on the Indian Economy

Is GIFT City Gujarat the next financial hub of India? While we are all still obsessing over smartphones and smartwatches, the Gujarat government has gone ahead to create an entire smart city. The GIFT city Gujarat International Finance-Tech City, is India’s smart city located in Gandhinagar, Gujarat. Is GIFT City Gujarat really a gift to […]