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INDIAN BANKS EARN RECORD PROFIT, CUT NPA RATIO TO A DECADAL LOW, IMPROVE ASSET QUALITY AMIDST GLOBAL FINANCIAL TURMOIL
BUSINESS ECONOMICS

INDIAN BANKS EARN RECORD PROFIT, CUT NPA RATIO TO A DECADAL LOW, IMPROVE ASSET QUALITY AMIDST GLOBAL FINANCIAL TURMOIL

Amidst global uncertainties and a faltering global economic growth prospect, the Indian economy continues to display robust growth momentum, supported by strong macroeconomic fundamentals. The Reserve Bank of India has projected the real GDP growth at 6.5% for 2023-24 over and above the 7.2% growth it achieved last year. The International Monetary Fund has projected India’s GDP growth at 5.9% for 2023-24 while the World Bank has projected it at 6.3%.

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7 mins  |
August 1 - 31, 2023
Amarnath Yatra: A Festival In Kashmir
BUSINESS ECONOMICS

Amarnath Yatra: A Festival In Kashmir

The annual Amarnath Yatra, spanning 62 days, began in the picturesque Kashmir Valley on July 1 and will conclude on August 31. The pilgrimage will take place on two routes: Pahalgam in Anantnag and Baltal in Ganderbal district.

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2 mins  |
July 1 - 31, 2023
From the seas to the stars: a new US-India relationship
BUSINESS ECONOMICS

From the seas to the stars: a new US-India relationship

The joint statement issued from the White House, which spans across oceans and reaches the realm of the stars, has come as a global surprise. Prime Minister Narendra Modi's exceptional performance at the joint session of the US Congress, along with the transformation of the relationship from an openly abusive one in the 1970s to today's effusive praise, leaves the world wondering.

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2 mins  |
July 1 - 31, 2023
The Ignorance Unlimited
BUSINESS ECONOMICS

The Ignorance Unlimited

A.P.J. Abdul Kalam, the esteemed former President of India, renowned as the Missile Man and deeply spiritual, found himself surrounded by a group of school children. With a desire to convey the importance of a new world order, he shared a strategy for creating a better world by transforming ritualistic practices into spiritual ones. Engrossed in his every word, the children listened attentively as he began to tell them a story:

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3 mins  |
July 1 - 31, 2023
Blue economy for peace and development on earth in the third millennium
BUSINESS ECONOMICS

Blue economy for peace and development on earth in the third millennium

The world is currently facing a challenging time with the multiple impacts of Climate Change, COVID-19, and conflicts such as the Ukraine-Russia war. We are struggling to accelerate progress towards the Sustainable Development Goals (SDGs) and the slogan of \"Leave No One Behind (LNOB)\" outlined in the 2030 Agenda for Sustainable Development.

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2 mins  |
July 1 - 31, 2023
Sardar Patel's Vision of Swarajya
BUSINESS ECONOMICS

Sardar Patel's Vision of Swarajya

The Sardar considered self-reliance, social equality, and prosperity as the benchmarks of Swarajya. These principles are not only relevant today but also serve as the litmus test for the achievements of free India or Swarajya.

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4 mins  |
July 1 - 31, 2023
Meditation Enhanced by Reiki: A Simpler Practice
BUSINESS ECONOMICS

Meditation Enhanced by Reiki: A Simpler Practice

In today's fast-paced and stressful life, many of us find ourselves on a difficult and exhausting journey. We constantly rush through our daily routines, only to realize at the end of the day that we haven't had a genuine moment of heartfelt laughter. Time is precious, and the accumulation of day-to-day stress can drain our energy, leaving us fatigued and susceptible to a myriad of problems. Gradually, this burden takes a toll on our clarity of thought, effective communication, and overall sense of joy. The mind becomes overwhelmed by negativity, paving the way for diseases and depression. Negativity impairs our ability to concentrate, erodes our self-confidence, and drains our enthusiasm for life. As a result, happiness becomes elusive.

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2 mins  |
July 1 - 31, 2023
We need to evaluate for course corrections in PLI scheme - Secretary, DPIIT
BUSINESS ECONOMICS

We need to evaluate for course corrections in PLI scheme - Secretary, DPIIT

The Government of India is set to evaluate the reasons behind the slow disbursement of funds for different sectors under the Production Linked Investment (PLI) scheme. Rajesh Kumar Singh, Secretary in the Department of Promotion of Industry and Internal Trade (DPIIT), highlighted this issue during a discussion in New Delhi, as reported by the Economic Times on June 14. Singh acknowledged that while they are hopeful of utilizing ₹1.97 lakh crore for the scheme, some course correction may be necessary at the individual scheme level.

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2 mins  |
July 1 - 31, 2023
The Post-Covid Healthcare Sector in India
BUSINESS ECONOMICS

The Post-Covid Healthcare Sector in India

The Covid-19 pandemic has significantly impacted the healthcare sector worldwide, and India is no exception. The crisis has not only revealed the vulnerabilities and gaps in India's healthcare system but also presented new challenges and opportunities for the sector.

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2 mins  |
July 1 - 31, 2023
Rising Russian oil import by India saved Europe from disruption in oil supply chain
BUSINESS ECONOMICS

Rising Russian oil import by India saved Europe from disruption in oil supply chain

India has become Europe's biggest supplier of refined fuel last May surpassing Saudi Arabia, according to analytics firm Kpler. This was due to Western sanctions that have cut off direct oil flows from Russia, the main source of oil for Europe.

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5 mins  |
July 1 - 31, 2023
Is the phase of coordinated central bank action against world inflation to end?
BUSINESS ECONOMICS

Is the phase of coordinated central bank action against world inflation to end?

Federal Reserve Governor Jerome Powell testified at a Senate Banking Committee hearing on Capitol Hill in June.

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6 mins  |
July 1 - 31, 2023
Climate Change: A Risk To Indian Agriculture
BUSINESS ECONOMICS

Climate Change: A Risk To Indian Agriculture

One of the most pressing global issues today is climate change, which has far-reaching implications for various industries, including agriculture

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2 mins  |
June 1 - 30, 2023
Tiger Tourism
BUSINESS ECONOMICS

Tiger Tourism

Wildlife tourism provides a profound opportunity to connect with nature and gain a deeper understanding of our beautiful planet

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2 mins  |
June 1 - 30, 2023
Sustainable steel for sustainable world
BUSINESS ECONOMICS

Sustainable steel for sustainable world

More than a century ago, in 1907, the first iron and steel plant, Tata Iron and Steel Company was set up at Jamshedpur in Jharkhand (then Bihar) with a production capacity of one lakh tonnes

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9 mins  |
June 1 - 30, 2023
Promoting sustainable business practices in India
BUSINESS ECONOMICS

Promoting sustainable business practices in India

India's rapid economic growth has brought forth a range of environmental and social challenges that necessitate a re-evaluation of business practices

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3 mins  |
June 1 - 30, 2023
Demonetization Drive 2.0: All you need to know
BUSINESS ECONOMICS

Demonetization Drive 2.0: All you need to know

After the bold move of demonetization in 2016, the Reserve Bank of India currency notes from circulation on May 19, 2023

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2 mins  |
June 1 - 30, 2023
India needs to diversify into high-demand export products
BUSINESS ECONOMICS

India needs to diversify into high-demand export products

On May 15th, Santosh Kumar Sarangi, the Director General of Foreign Trade (DGFT) of India, suggested that Indian exporters diversify into products with higher export demand

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2 mins  |
June 1 - 30, 2023
Who is challenging dominance of the us dollar? the
BUSINESS ECONOMICS

Who is challenging dominance of the us dollar? the

On April 2023, Sergio Massa, Argentina's Economy Minister made an announcement stating that his country would now pay for imported goods from China in Chinese Yuan instead of US dollars

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7 mins  |
June 1 - 30, 2023
Is the Rupee-Rouble Trade Arrangement in Trouble?
BUSINESS ECONOMICS

Is the Rupee-Rouble Trade Arrangement in Trouble?

Without involving the US dollar, ten months ago, it seemed straightforward price

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4 mins  |
June 1 - 30, 2023
Agriculture in Nagaland embarks on a path of farmer development
BUSINESS ECONOMICS

Agriculture in Nagaland embarks on a path of farmer development

It is worth mentioning that agriculture in Nagaland appears to be moving in the right direction, as indicated by a working paper on Indian Agriculture published by NITI Aayog in 2022

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2 mins  |
June 1 - 30, 2023
G20 Summit concluded peacefully in Kashmir
BUSINESS ECONOMICS

G20 Summit concluded peacefully in Kashmir

The Third Tourism Working Group (TWG) meeting of the G20 grouping of the world's largest economies recently concluded in Srinagar

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2 mins  |
June 1 - 30, 2023
UN Warns Of Increase In Global Warming By 2030
BUSINESS ECONOMICS

UN Warns Of Increase In Global Warming By 2030

The UN's Intergovernmental Panel on Climate Change (IPCC) has recently issued its synthesis report on six post2015 findings, warning that the speed and scope of what has been done so far and the current plans are insufficient to combat climate change and that the world will cross the dangerous threshold of 1.5-degree Celsius temperature rise (from the level of 1850-1900 level) by 2030

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2 mins  |
May 1 - 31, 2023
Heat Waves Cause Economic Slowdown
BUSINESS ECONOMICS

Heat Waves Cause Economic Slowdown

Carbon dioxide (CO2) is the biggest contributor to global warming; its concentration in the atmosphere has soared by 48% between 1750 to 2020

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3 mins  |
May 1 - 31, 2023
The Art Of Manifestation: Finding Your Own Genie
BUSINESS ECONOMICS

The Art Of Manifestation: Finding Your Own Genie

Manifestation is a process that has been studied and practiced for centuries

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4 mins  |
May 1 - 31, 2023
A relook at India - China relationship
BUSINESS ECONOMICS

A relook at India - China relationship

If the 20th century was dominated by the west, global Lobservers say the 21st century will be ruled by the east more specifically, by China & India

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2 mins  |
May 1 - 31, 2023
Ahimsa in the Sanatana Dharma
BUSINESS ECONOMICS

Ahimsa in the Sanatana Dharma

There is no alternative to non-violence. For Dharma-Raksha -the protection of humanity, the path of non violence should not be abandoned till the end

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4 mins  |
May 1 - 31, 2023
Social Justice in International Perspective: An Overview
BUSINESS ECONOMICS

Social Justice in International Perspective: An Overview

The idea of social justice is, directly and indirectly, associated with human equality

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5 mins  |
May 1 - 31, 2023
India's vehicle market shows slow paced recovery
BUSINESS ECONOMICS

India's vehicle market shows slow paced recovery

According to S&P Global Mobility, India's sale of light automobiles fell to fourth place internationally in the first quarter of the current calendar year

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1 min  |
May 1 - 31, 2023
Electric three-wheeler market to grow in India
BUSINESS ECONOMICS

Electric three-wheeler market to grow in India

Saera Electric Auto Pvt. Ltd. (SEAPL) is one of the leading companies in the electric vehicle sector. SEAPL was the first company to introduce the e-rickshaw in India and the first to receive ICAT (Vehicle Approval Certificate). BE's Saptarshi Deb spoke to Nitin Kapoor, Managing Director of Saera Electric Auto Private Limited

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3 mins  |
May 1 - 31, 2023
India's overall exports in FY 23 praiseworthy but merchandise exports a concern
BUSINESS ECONOMICS

India's overall exports in FY 23 praiseworthy but merchandise exports a concern

India's export sector has achieved the highest level in its history by earning $770.18 billion in the last fiscal

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3 mins  |
May 1 - 31, 2023

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