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The Union Budget 2024 is set to be presented on July 23, 2024. "Morgan Stanley" expects the fiscal deficit target to be retained at 5.1% of GDP in F2025 and to reach 4.5% of GDP by F2026. The stock market tends to fall 80% of the time in the 30 days

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output ros

Budget-4 The list of budget documents presented to the parliament, besides the finance minister’s budget speech, is given below: (a) Annual Financial Statement (AFS) (b) Demands for Grants (DG) (c) Finance Bill (contains of taxation policies) (d) St

The Surprise Election Night Winner: Perplexity On Tuesday, two AI startups, xAI and Perplexity, tried to position their chatbots as reliable, real-time sources of information during the high-stakes presidential election. Elon Musk's Grok, however, f

After a long time. Back to Reality: The Budget's Hidden Cost "Hidden Costs of the New Tax Regime" Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically redu

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

It’s worrying what’s happening to our highway construction targets and achievements 🙏🙏 In first 8 months of FY25, Govt spent just 55% of the Rs 2.72L crore capex targetted for the roads and highways sector. With just four months left, hitting the

ONE INTERESTING OBSERVATION SERIES DAY #4 Good news and bad news on the Indian tax collection front. Personal income tax is surging, with a near 20% increase over the past three months, suggesting that individual spending might be on the rise, ind

In 2023, Argentina was dying: • Central Bank $12B in debt • 50% poverty rate • 7,500% inflation Then Javier Milei became President. 11 months in, he's pulling off the greatest economic turnaround ever. In a 2-hour pod with Lex Fridman, he reveale

Why is it so hard for a fresher to get a job? Especially if he/she is from a tier 3 college in Bangalore, though having decent skills to back us? Is there any way where we can have an edge? Tbh, I've noticed that even off-campus is highly difficult