Beyond Market Magazine - July, 2024

In this issue

On 23rd July, Finance Minister Nirmala Sitharaman presented the Union Budget 2024-2025, her seventh under the Narendra Modi government. This budget aimed to address the needs of all segments of the society.

With a focus on fiscal consolidation, it outlined nine key areas: productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development, and next generation reforms. The commitments made by Sitharaman’s government in the Interim Budget towards ‘Viksit Bharat’ were a focal point too.
The cover story of Beyond Market’s latest issue rounds up key details of the budget for you to review.

Beyond the budget, this issue explores the economic optimism driving investment opportunities in the stock market, the Indian steel sector’s outlook, the current state of the job market and its potential recovery driven by budget initiatives, the nation’s green hydrogen ambitions, and India’s strategic push into nuclear energy for economic growth and energy security.

The digital revolution is also in focus, with articles on the transformation of the banking sector through digitalization, and the booming audio market.

Also, do not miss our Beyond Basics section for essential insights on the insurance sector. Discover the importance of top-up and super top-up health insurance plans on your existing health plans, and explore the world of telematics in car insurance and learn how it can enhance safety and potentially lower insurance premiums.

PRUDENT YET GROWTH-FOCUSSED

The Union Budget 2024-25 aims to maintain fiscal health while stimulating economic growth, thus laying a strong groundwork for India's future

9 mins

WORTH THE WAIT?

Despite short-term volatility, Indian equities promise strong long-term growth due to solid fundamentals and supportive policies

5 mins

STEE DREAM

Domestic powerhouse or China's export playground? Only time will tell

5 mins

India's Job Conundrum

Despite economic growth, India struggles with job creation due to skills gap and an education system misaligned with industry needs

6 mins

HYDROGEN HUSTLE

India's $70 billion green hydrogen dream targets 5 million tonnes by 2030, aiming for clean energy dominance, empowered industries, and net-zero emissions by 2070

6 mins

EMPOWERING THE UNDERSERVED

Millions gain financial freedom with mobile payments and government backing

4 mins

DITCH THE SCREENS, DIVE INTO AUDIO

Gripping content and convenience are making audio series the new entertainment powerhouse

6 mins

CHAMPIONING CLEAN ENERGY

Nuclear power takes centre stage in India's clean energy push

5 mins

EXTRA CARE

Don't settle for a basic health insurance plan. Get additional care by topping up your coverage

6 mins

Shifting Gears With Data-Driven Premiums

India's Car Insurance Gets A Tech Upgrade: Telematics Rewards Safe Drivers With Lower Premiums, But Device Cost And Privacy Are Roadblocks

6 mins

Read all stories from Beyond Market

Beyond Market Magazine Description:

‘Beyond Market’, a financial magazine that provides readers with insightful articles and in-depth news stories. It offers useful tips on investing apart from capturing current trends in the market and latest developments in the economy.

Beyond Market is a financial magazine published by Nirmal Bang, one of the most trusted retail broking houses in India.