Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2025-26, introducing a series of measures aimed at stimulating economic growth, providing tax relief to the middle class, and bolstering various sectors. Here’s a comprehensive overview of the key highlights: Income Tax Reforms: Increased Tax Exemption Limit: The income tax exemption threshold has…
India’s Economic Growth Outlook: Projections, Challenges, and Opportunities for FY25 and FY26 India’s economy continues to remain a beacon of growth amid global uncertainties. Various reputed institutions, including EY, IMF, World Bank, and RBI, have projected India’s GDP growth to hover around 6.5% for the fiscal years 2024-25 (FY25) and 2025-26 (FY26). While…
भारत की खुदरा महंगाई दर (Retail Inflation Rate in November 2024) भारत की खुदरा महंगाई दर (Retail Inflation Rate) में नवंबर में मामूली गिरावट दर्ज की गई है लेकिन अक्टूबर में यह 6.21% थी, जो घटकर नवंबर में 5.48% पर आ गई है। हालांकि, यह 14 महीने के उच्चतम स्तर से राहत देती है, लेकिन…
Key Components of Economics: A Comprehensive Guide By Shahid Siddiqui Version : 1.1 – 11/12/2024 Economics :- The term “economic” relates to the study or system of production, distribution, and consumption of goods and services. It can refer to various aspects, such as: Economic Systems: Capitalism, socialism, mixed economies. Economic Policies: Fiscal policy, monetary policy,…
भारत में बेरोज़गारी: एक बड़ी चुनौती भारत, जो दुनिया के सबसे अधिक जनसंख्या वाले देशों में से एक है, आज बेरोज़गारी जैसे गंभीर मुद्दे से जूझ रहा है। यह समस्या न केवल आर्थिक विकास को बाधित करती है बल्कि सामाजिक असमानता को भी बढ़ावा देती है। विविध और विशाल कार्यबल के बावजूद, बेरोज़गारी दर में…
Economists classify a market into one of four structures: Perfect Competition, Monopolistic Competition Oligopoly Monopoly Perfect competition :- Perfect Competition refers to a market structure where there are a large number of sellers and buyers, and each seller offers a homogeneous (identical) product. In this type of market, no single seller or buyer can influence…
Concept of Inflation ➖ Inflation in economics refers to the general increase in the price level of goods and services in an economy over a period of time. When inflation occurs, each unit of currency buys fewer goods and services than it did before, resulting in a decrease in purchasing power. Key Concepts Related to…
Concept of Equilibrium ➖ Equilibrium in economics refers to a state where market forces—specifically demand and supply—are balanced, meaning the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers at a given price. This results in a stable situation where there is no inherent tendency for change,…
India’s Debt Burden Meaning of Debt Burden:- In Simple word, Debt Burden is the cost of debt repayment. A debt burden is a large amount of money that one country or organization owes to another and which they find very difficult to repay.According to Cambridge Dictionary, debt burden means the amount of debt owed by…
Deemed Unemployment in India The Unemployment is that a person is not able to find a work for himself but “Deemed unemployment” is a person who is not able to find a training-related job for himself. If the person is trained in a specific job and does not get that related work that is called…