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 Making India a manufacturing hub is the aim behind "Make in India." The discussion of the Make in India campaign's effectiveness drew not just economists, bureaucrats, and politicians to analyze the project's advantages and disadvantages, but also top MBA schools in India. Topic Background The "Make in India" initiative was started by the government of Indian Prime Minister Narendra Modi with the goal of putting the Indian economy on a high growth trajectory. The concept seeks to entice corporations from all around the world to invest and produce in India. The goal of the program is to turn India become a major worldwide producer of things like vehicles, software, satellites, submarines, paper, power, and much more. Make in India-key facts A realistic initiative called "Make in India" seeks to boost manufacturing's current 16% share of GDP to 25%. With the introduction of the "Make in India" campaign, India has established itself as

 The Union Budget 2022–23 was introduced in Parliament by Finance Minister Nirmala Sitharaman on February 1. Numerous policies were put in place for various industries with the goal of fostering growth in the face of high and rising inflation. However, not many adjustments were made to the personal income tax system, and there were no significant populist giveaways in the Union Budget of 2022. Union Budget 2022: Top Highlights Here are the main points of the Budget 2022, as stated by Finance Minister Nirmala Sitharaman.  The entire amount spent by the government grew by 4.8% to 39.5 lakh crore. Income from the purchase or sale of virtual and digital assets, such as cryptocurrencies, is subject to a 30% tax. Income Tax Slabs remain the same. Within a two-year interval, taxpayers can file revised income tax returns. A 15% cap has been placed on the long-term capital gains surcharge. A Gati Shakti Master Plan for expressways would help move people and products more quickly. To facilitate

  As of December 2022, Indian Railways will run the semi-high-speed electric multiple-unit train Vande Bharat Express, formerly known as Train 18, on 6 routes. Most experts were pleased to see the Finance Minister's announcement of the intention to produce 400 new Vande Bharat express trains domestically for Rs 130 crores in the recently-presented budget for 22–23. However, Vande Bharat Express Trains is not without its detractors. The Vande Bharat Express Production is being promoted by the government as a "Make in India" success story. Vande Bharat Express Services' detractors contend that rather than focusing on 'luxuries' that only the wealthy can afford, such as trains, the government should prioritize other social aims like food and education. Why Vande Bharat is important - Background India had long-term plans to establish a high-speed rail system. The Indian Railways' top priorities were safety and cost. After the launch of the Gatimaan Express in

  Buy Now Pay Later, or BNPL is a method of payment that lets you make a purchase without having to pay the entire amount upfront. Typically, you sign up with a business that offers this service, and that business collects payment when you make a purchase. However, after the lender makes a payment on your behalf, you must make a repayment within a given time frame. In contrast to a personal loan, the BNPL program often carries no interest charges. You have two payment options: free Equated Monthly Instalments or a lump sum payment (EMIs). The lender is required to charge you interest on your amount if you don't repay the amount within the allotted payback period. Further postponement can affect your credit rating.

  How does moonlighting work? What, though, is moonlighting? To find out, let's consult the dictionary. Moonlighting is defined by Cambridge Dictionary as "the act of working at an additional job, especially without disclosing it to your primary workplace." According to rumors, Sachin and Binny Bansal launched Flipkart while they were employees of Amazon. While employed by Zoho, Girish Mathrubootham founded Freshdesk, which is now known as Freshworks. In India, many startups were created by entrepreneurs who were also full-time employees of another company. Moonlighting is a behavior that practically every knowledge- and services-based company engages into some extent. It is not exclusive to IT services companies. Listings for creative work, such as design, writing, and translation, are abundant on gig job platforms. On these sites, there is demand for even non-creative service-based positions in HR, finance, sales, and marketing, as well as in the legal and educational s

  On November 1, the Reserve Bank of India completed its first test of the central bank digital currency (CBDC), which is used for secondary market dealings in government securities (G-secs). A total of 48 deals for a combined Rs 275 crore were completed. The initial agreement was reportedly reached between the largest bank in the nation, State Bank of India (SBI), and another state-owned lender, Bank of Baroda (BoB). According to reports, SBI used CBDC to sell securities to BoB. Additionally, ICICI Bank sold IDFC First Bank the five-year government paper. Bank representatives called the pilot a "landmark event" and reported that the testing went without a hitch. Nine banks participated in the pilot test: SBI, BoB, Union Bank of India, HDFC Bank,  ICICI Bank, Kotak Mahindra Bank, YES Bank, IDFC First Bank, and HSBC. Shaktikanta Das, governor of the Reserve Bank of India, confirmed the development and hailed the introduction of the national digital currency as a significant ac

 According to GDP data from the International Monetary Fund, statistics for GDP are calculated using US dollars. The Indian economy was worth USD 854.7 billion in "nominal" cash terms in the three-month period ending in March, calculated on an adjusted basis and using the dollar exchange rate in effect on the last day of the pertinent quarter. The UK was worth USD 816 billion on the same basis. India's economy is probably going to rise the fastest this fiscal year. In the first quarter of the fiscal year 2022–2023, it had an exceptional 13.5 percent GDP growth. According to a projection by the State Bank of India, the Indian economy will expand at a rate of 6.7 to 7.7 percent during the current fiscal year. Since last year, India has been on the UK's tail. India presumably had to wait a little longer due to a discrepancy in the computation process. While figures for other nations are computed using a calendar year, those for India are done so using a fiscal year (Apri

  The multinational tech titans are in full layoff mode! 182,605 people have been affected by 1138 waves of layoffs at tech companies worldwide so far this year, according to TrueUp's tech layoff tracker (October 2022). In response to recession fears, sluggish consumer spending, increasing interest rates, and the effects of inflation, nearly all major US IT businesses, including Meta, Amazon, Twitter, Google, and Microsoft, have frozen or are already slowing down recruiting. The industry has seen some of the biggest tech layoffs in history over the period of just a few months. Prior to that, several major global tech companies, including Microsoft, Apple, and Google, to name a few, declared a hiring freeze and slowdown for the remainder of 2022.

 The worldwide platform for economic cooperation is the Group of Twenty or G20 for short. On all significant international economic issues, it plays a significant role in forming and strengthening global architecture and governance. Beginning on December 1, 2022, India will hold the G20 presidency until November 30, 2023. At the conclusion of the 17th G20 Summit 2022 in Bali on November 16, Prime Minister Narendra Modi officially accepted the baton from Indonesian President Joko Widodo for the country's presidency of the G20 in 2023 (the Group of 20 countries, which consists of 19 major economies and the European Union). India would be "inclusive, ambitious, resolute, and action-oriented" during its G20 presidency, according to PM Modi, who also detailed the G20 Theme. He predicted it will be India's goal for the G20 to "function as a global primary mover to spur collective action." As a result, at the G20 Summit in 2023, all G20 Member countries are require

 According to the ISG's Digital Business Enablement and ESG Services Provider Lens Report 2022, Birlasoft has been named a Rising Star in Supply Chain Transformation. For its extensive knowledge in the field of supply chains and for providing competitive consulting and IT services in the areas of transportation management, warehouse management, and international trade management, Birlasoft was honored as a Rising Star. The previous two to three years have seen the considerable strain on supply chains all across the world. In order to lessen the effects, Birlasoft has developed a number of frameworks and solutions for supply chain and transportation management that assist businesses in streamlining operations and improving overall performance. OTM Connectors, the Cargo On-Track Solution, and the Data System International (DSI) Mobility Application Platform are just a few.

                          There is no flight cancellation for today Delhi | Passengers demand authorities to smoothen the process as long queues were seen at the Terminal 3 of the Delhi airport in the past few days "I'm traveling to Coimbatore. There is a huge crowd here and many times due to this we miss a flight," says Shyam Kalra, a passenger

  Hyundai had  released   the brand-new  Creta facelift and the Stargazer MPV  withinside the  Indonesian  marketplace   in advance  this year. Both  fashions   have been   these days  assessed  through  the New Car Assessment Program for Southeast Asian Countries (ASEAN NCAP). The Creta and Stargazer  have been   the primary  of Hyundai’s SUV and MPV  fashions  to be  examined   through  ASEAN NCAP and are  examined   below   the brand-new  ASEAN NCAP 2021-2025  evaluation  protocol. The new Hyundai Creta has been  presented  with  five   supermegacelebrity  crash  check   score   through  ASEAN NCAP. On  the alternative  hand, the Stargazer scored  four  stars  withinside the   modern-day  ASEAN NCAP  evaluation  protocol. As a reminder, the  version  on sale in our  marketplace  scored  three  stars in Global NCAP. The new Hyundai Creta has scored  34.  seventy-two  factors  for the  grownup   safety ,  15.  fifty-six  factors  for  infant  occupant  safety  and 14.08  factors  for 

                Benefits of up to Rs 55,000 On its dependable Ciaz midsize vehicle, Maruti is providing a total discount of Rs 55,000. Customers can receive cash discounts worth Rs 25,000, exchange offers worth Rs 25,000, and a corporate discount of Rs 5,000 for the manual version. The midsize sedan's automatic version, meanwhile, is eligible for a total discount of Rs. 45,000, which includes Rs. 15,000 in cash discounts, Rs. 25,000 in exchange incentives, and Rs. 5,000 in corporate discounts. The 105 horsepower, 1.5-liter petrol engine of the Ciaz is mated to either a 5-speed manual transmission or a 4-speed torque converter automatic transmission. The Honda City, Skoda Slavia, Volkswagen Virtus, and the Hyundai Verna are some of the opponents the Ciaz has in the midsize sedan segment.    

  India is not prepared for electric automobiles, unfortunately. The absence of infrastructure for electric vehicles is the main problem. India's lack of a well-organized charging station infrastructure restricts travel. Power theft costs India more than $16 billion annually and is a very prevalent occurrence. The progress will be hampered if such a large amount of money is lost to electricity theft. Power outages will be detrimental because electricity will be used to power the entire system. Today, power outages occur in India's large cities as well as villages and other places. Compared to a fuel-powered vehicle, an electric vehicle's top speed is significantly lower.