Economic Survey of India 2023: An Overview

The Economic Survey is a comprehensive annual report on the state of the Indian economy. It is an important document for policy makers, economists, and businesses as it provides insights into the current economic situation and the outlook for the future. The survey’s significance lies in its ability to: Provide a comprehensive picture of the Indian economy: The survey covers a wide range of economic indicators, including growth, inflation, agriculture, manufacturing, investments, and healthcare. This provides a comprehensive picture of the Indian economy and helps in understanding the key drivers…

What are the top 10 business trends of 2023?

The business world is constantly evolving and adapting to new technologies and trends, and 2023 is no exception. As we look ahead to the next year and beyond, here are the top 10 business trends that companies need to keep an eye on.   Artificial Intelligence and Machine Learning: Adoption and integration of AI and ML technologies will continue to increase in various industries to improve efficiency, customer experience and decision making. Remote and Hybrid Work: The shift to remote and hybrid work arrangements that was accelerated by the COVID-19…

Why is RBI buying more dollars in the forward market than spot?

The central bank bought $ 10.7 billion worth of dollars in the forward market in August. In comparison, it bought $ 8.5 billion worth of dollars in the spot market. In August, the Reserve Bank of India (RBI) bought more dollars from the forward market than the spot market. This is the first time in six years. The reason for this is that the central bank did not want any pressure on the liquidity of the rupee by buying dollars from its spot market. According to RBI data, the central…

Gold Price: Gold rises due to strong foreign signals

On Wednesday, gold futures were up 0.23 per cent, or Rs 115, at Rs 50,360 per 10 gram in the commodity exchange MCX in the domestic market. Gold and silver prices saw a rise on Wednesday. Strong signals from overseas markets impacted the domestic market. The hope of announcing the relief package in America soon is ending. Gold has got support from this. Parliament Speaker Nancy Pelosi in the US has rejected the proposal of a $ 1.8 trillion relief package from the White House. He has said that this…

Rupee Fringe 3 Paise Higher at 73.13 in Opening Trade

The dollar sign achieve 0.02% to 93.07.   The Indian rupee operate with passable gains of 3 paise at 73.13 against the U.S. dollar in the opening session on Monday, follow mushy crude oil prices and assist buying in domestic equities. The domestic unit started off the session on a big way at 73.10, up 6 paise, but give up some ground as trade proceed and quoted 73.13 a dollar at 1020 hours. The domestic currency had liquidate 8 paise higher at 73.16 a dollar on Friday after the Reserve…

Financial Planning For Beginners….

Management of our own money is a must in today’s life as money is something which can help you anyway in times of crisis, health issues, inflation etc. Problem Never comes with a warning. So a person needs to be ready for it and in money is something which is one of your best friends, if you have it people will be your friends too and if not people will find ways to ignore you as they feel that you might ask for monetary help from them. Management of money…