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Monthly Archives: January 2025

MoMSME Launches TEAM Initiative to Boost Digital Presence of MSMEs in India

MoMSME Launches TEAM Initiative to Boost Digital Presence of MSMEs in India

The Ministry of Micro, Small, and Medium Enterprises (MoMSME) has launched the MSME Trade Enablement and Marketing (TEAM) Initiative, a groundbreaking effort aimed at enhancing the digital presence of small businesses across India. With a budget of ₹277.35 crore allocated over three years, the initiative seeks to onboard 5 lakh micro and small enterprises, with a special focus on women-led businesses. This initiative is …

GK Questions on Economic Survey 2025

GK Questions on Economic Survey 2025

The Economic Survey 2025 gives a detailed report on India’s economy over the past year. It highlights key areas like GDP growth, inflation, foreign reserves and sectoral performance. The survey also suggests important reforms to boost growth, create jobs and improve rural consumption. It helps the government plan policies for a stronger economy while addressing …

Shubhanshu Shukla: India’s First Astronaut to Pilot Axiom-4 to ISS

Shubhanshu Shukla: India’s First Astronaut to Pilot Axiom-4 to ISS

India’s space exploration has just reached a new milestone with Group Captain Shubhanshu Shukla set to become the first Indian astronaut to pilot a space mission to the International Space Station (ISS). He has been chosen as the pilot for Axiom Mission 4 (Ax-4), a private spaceflight scheduled for launch in the spring of 2025. …

January, 2025 -_6.1

Economic Survey 2025: Key Highlights, Summary, and Important Points

The Economic Survey of India 2025 provides a comprehensive overview of India’s economic performance, highlighting key trends, challenges, and policy recommendations for sustainable growth. As a precursor to the Union Budget, the survey underscores the resilience of the Indian economy amidst global uncertainties, emphasizing robust GDP growth, declining inflation, and significant strides in sectors such as …

Karnataka Bank's Triumph at IBA Banking Technology Awards

Karnataka Bank’s Triumph at IBA Banking Technology Awards

Karnataka Bank has achieved a remarkable milestone by securing top honours in six categories at the 20th Annual Banking Technology Conference, Expo & Citations, 2024, organized by the Indian Banks’ Association (IBA). This accomplishment underscores the bank’s unwavering commitment to technological innovation and excellence in the banking sector. Award Categories and Highlights Best Tech Talent …

When was the First Union Budget Presented in India?

When was the First Union Budget Presented in India?

The Union Budget of India is an annual event that holds great significance in the country’s economic planning. It is when the government outlines its financial plans, including how it will spend and raise money. The budget impacts various sectors like education, healthcare, defense and infrastructure, affecting everyone. The first Union Budget of India set …

Economic Survey 2025: Nirmala Sitharaman Tables the 2024-25 Report – A Detailed Analysis

Economic Survey 2025: Nirmala Sitharaman Tables the 2024-25 Report – A Detailed Analysis

The Economic Survey 2024-25, prepared by the Ministry of Finance, Government of India, provides a comprehensive analysis of India’s economic performance, key sectoral developments, and policy recommendations. Below is a chapter-wise summary of the survey. Here’s a detailed chapter-wise summary of the Economic Survey 2024-25: Chapter 1: State of the Economy The global economy in …

Economic Survey 2025: Who will present it, key highlights, and why it matters

Economic Survey 2025: Who will present it, key highlights, and why it matters

Economic Survey 2025 is a pivotal document that provides a comprehensive overview of India’s economic performance over the past year and sets the tone for future policy directions. Traditionally, this survey is presented in Parliament on January 31, a day before the Union Budget is unveiled. This year, Finance Minister Nirmala Sitharaman is expected to …

BIMTECH Launches BIMCOIN: India's First Campus Blockchain Currency

BIMTECH Launches BIMCOIN: India’s First Campus Blockchain Currency

The Birla Institute of Management Technology (BIMTECH) has introduced BIMCOIN, a blockchain-powered digital currency designed to create a secure, transparent, and efficient system for transactions within the campus. With this launch, BIMTECH becomes the first business school in India to implement such a technology, following in the footsteps of IIT Madras. This step represents a …

IRDAI Limits Senior Citizens' Health Premium Hike to 10% Annually

IRDAI Limits Senior Citizens’ Health Premium Hike to 10% Annually

The Insurance Regulatory and Development Authority of India (IRDAI) has taken a crucial step to protect senior citizens from sharp increases in health insurance premiums. The new directive mandates that insurers cannot raise premiums for individuals aged 60 and above by more than 10% per year without prior approval from IRDAI. This move, effective immediately, …