Fitch Raises India's GDP Growth Forecast for FY25 to 7.2%
India’s fiscal deficit for FY24 improved to 5.6% of GDP, down from the Revised Estimates of 5.8%, owing to higher-than-expected tax receipts. The deficit stood at Rs 16.54 trillion against the budgetary target of Rs 17.86 trillion. Net tax receipts surpassed projections at Rs 23.27 trillion, while total expenditure reached Rs 44.43 trillion, constituting 99% of the budgeted amount.
The Reserve Bank of India (RBI) has once again cancelled the licence of a co-operative…
LIC on June 4, announced the launch of 'Jeevan Samarth', an initiative aimed at transforming…
State insurer Life Insurance Corporation of India (LIC) has expanded its stake in IDFC First…
Football, one of the world's most beloved sports, showcases a dynamic interplay of skill, strategy,…
The invention of the aeroplane by the Wright brothers in 1903 marked a monumental leap…
Copper, a crucial metal for industries like electrical, construction, and transportation, is abundantly produced in…