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Economy

GST Collection Of India In August 2024, Maharashtra on Top with ₹26,367 crore

The GST collection of India in August 2024 is revealed. The Goods and Services Tax (GST) is a comprehensive, multi-stage and destination-based tax which is put on every value addition. It is designed to replace multiple indirect taxes previously imposed by central and state governments thereby simplifying the tax structure. GST is important because it

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Economy

What will be the value of Rs 1 crore after 30 years?

The future value of Rs 1 crore after 30 years in India is very bad due to inflation. Inflation is the persistent increase in the prices of goods and services. Inflation reduces the price stability of a country and it reduces the value of a country’s currency as less goods can be bought from the

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Economy

Congress Led Himachal Pradesh Facing Financial Crisis Due To Freebies BJP Slams

Himachal Pradesh is governed by the Congress as they won by a huge majority in the december 2022 elections and won 48 seats out of 68 member Himachal Pradesh assembly. Congress led Himachal Pradesh facing financial crisis due to freebies which has affected a lot of people and residents of Himachal Pradesh. Himachal Pradesh which

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Economy

George Soros Skips 94th Birthday Celebrations After Hindenburg Conspiracy against India failed

George Soros who is 94 years old is reportedly distressed after his alleged Hindenburg Conspiracy against India didn’t have the desired impact. The famous investor is said to be in shock as he has suffered a major setback. According to reports Soros didn’t celebrate his birthday as Indians didn’t take the Hindenburg report seriously. BJP

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Economy

The Ambani Family Net Worth Reaches 10% of India’s GDP

The Ambani family has taken a remarkable position in India’s financial prospect. According to the 2024 Barclays-Hurun India report, the Ambani Family Net Worth is now almost 10% of the country’s Gross Domestic Product (GDP). This is a huge amount and the Ambanis have topped the list of the most valuable family businesses in India

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Economy

23 to 35 trillion dollars US debt increase by 50% since 2020

Since January 2020 America’s debt has increased by 50 percent. This debt went from 23 trillion dollars to 35 trillion dollars. This rapid increase is alarming as the interest on this debt is also rising fast due to higher rates. These rates are now around 5 percent. Next year the interest alone is expected to

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Economy

Geopolitics and its Impact on stock markets, trade and dollar values

Global economic ties continue to change in ways and tactics investors have not seen over several years. Post several years of shocks—which includes COVID-19 pandemic and Russia’s invasion of Ukraine—there are countries who are reevaluating trading partners on the basis of economic and national security concerns. Therefore, it is of utmost important to analyse and

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Economy

Global economy is heading for weakest performance: To what extent is this true?

With world nearing midpoint of what was expected to be a strong year, experts believe that global economy is heading for weakest performance.  If your view is limited to one measure, global economy can be seen at a better place in comparison to the previous year. This is because risk of a global recession seems

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Economy

India becoming a global economic powerhouse: Can it achieve the target?

Just a decade ago, India was categorised as 10th largest economy in the world. That being said, now India has clocked ~$4.11 trillion GDP and plans to become 3rd largest country by 2030.  There are several growth enablers which are expected to support the country’s strong economic stability.  India becoming a global economic powerhouse should

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Economy

How will Red Sea crisis impact Indian economy?

With the range of events happening worldwide, one of the most talked-about events appear to be Red Sea crisis and how will Red Sea crisis impact Indian economy? While several analysts and experts have their own opinions and views, we believe our readers should know the Indian government’s views regarding this. After all, what more

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