BUSINESS
Indian Markets on Recovery Path, GDP Growth Set to Rebound: Goldman Sachs
India's economy saw a 6.4% year-over-year GDP growth during the fourth quarter of 2024, boosted by a pickup in private consumption. Goldman Sachs economists say the contraction in the country's GDP has probably hit bottom, with a slow turnaround expected in subsequent quarters.
Cooling Inflation Strengthens Case for Possible RBI Rate Cuts: Report
The market's trajectory indicates a cautious stance among investors, likely influenced by macroeconomic factors, sectoral shifts, and global financial trends, as outlined in the Motilal Oswal Mutual Fund report.
EPFO 3.0: Soon, Withdraw Your PF Amount Directly from ATMs – Here's How
Union Labour Minister Mansukh Mandaviya made the announcement while inaugurating an event in Hyderabad, emphasizing the way this change will provide higher convenience, speedier transactions, and better digital services for EPFO members.
LIC Becomes World's Third Strongest Insurance Brand
Poland's PZU topped the charts in the number one position with a remarkable BSI score of 94.4, followed by China Life Insurance, which took the second position with a score of 93.5.
US wants macro, grand trade pact with India; not 'product-by-product', Says Howard Lutnick
US Commerce Secretary Howard Lutnick underscored the importance of India opening up its agricultural market, saying that agriculture cannot be left out of trade talks, particularly when negotiating with its biggest trading partner.
India Ranks Second After US in All-Time Funding for Women-Led Tech Startups
India currently boasts over 7,000 operational startups that are either started or co-founded by women, which account for 7.5 percent of the nation's overall startup ecosystem.
IndiGo Becomes World's Second Fastest-Growing Airline by Seat Capacity
The latest figures from the Official Airline Guide (OAG) indicate that IndiGo is just second to Qatar Airways, which experienced a slightly more impressive seat capacity growth of 10.4 percent from last year.
India’s Digital Economy Expands 10x, Nears $1 Trillion Milestone
In the last year, India accounted for 31% of global IPO volume and raised $3 billion in total. The nation is projected to reach a $13 trillion market capitalization by 2030, driven by high investor confidence, as pointed out in the Redseer Strategy Consultants' report.
Small-Town Women in India Witness 34% Salary Surge in Three Years: Report
According to career and professional networking site Apna.co, applications from women working in smaller cities have increased four times over the period between 2021 and 2024. At the same time, job applications from these cities have increased threefold, reaching 12.8 million this year, a significant change in job trends outside the large cities.
Taxpayers Reveal ₹29,000 Cr in Foreign Assets, ₹1,089 Cr in Overseas Income
The CBDT launched a compliance and awareness drive to get taxpayers voluntarily declare their overseas assets and incomes. Conducted by the Income Tax Department, this drive used a data-led and non-obtrusive approach and saw a 45.17% growth in voluntary declarations for AY 2024-25 from the previous year.
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