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₹300 billion) to 5.8% of gross domestic product (GDP), despite weaker-than-expected nominal GDP growth. Further, by targeting a fiscal deficit of 5.1% of GDP for the next year (lower than the 5.2% recommended by very few, including us), the government clearly signalled that achieving a fiscal deficit of 4.5% in 2025-26 is now a feasible goal. This is a clear and emphatic message from the government that it prioritizes long-term macroeconomic stability, even if it involves sacrificing some short-term growth.

₹61,000 crore, the realized disinvestment proceeds were only ₹30,000 crore in 2023-24 Revised Estimate (RE). However, the BE for the 2024-2025 is ₹ 50,000 crore, which is seemingly a realistic target. The size of the government can be affected by polycrisis—the debt crisis, war, global supply chain disruptions, energy crisis and the climate crisis.

The flow of money moving across borders is rebounding from a record low as investors prepare for interest-rate cuts globally, according to the world’s largest custodian bank.

₹6,985.9 crore from ₹7,990 crore posted during the year-ago period. The average revenue per user (ARPU) of the company rose 7.4% year-on-year to ₹145 during the period under review from ₹135 in Q3FY23. The company said that this is the 10th successive quarter of 4G subscriber additions and ARPU improvement.

Gold and silver kicked off the new week on the front foot, with the former rising above $2030 and the latter reaching $23.00 by early European trade.

Investing.com — Shares of American Express (NYSE:AXP) surged over 7% on Friday, reaching an all-time high. This rise came after the credit card company surpassed full-year profit expectations, even though it fell short of its Q4 EPS and revenue projections.

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realme 12 Pro+ 5G, as part of its revamped strategy 'Make it real' and a fresh brand identity aimed at resonating with young users. The company has positioned this device as the Next-gen imagery flagship which introduces periscope telephoto technology, offering full-focal-length zoom capabilities. realme 12 Pro+ 5G: Price The starting configuration with 8GB RAM and 128GB storage is available at ₹29,999, while the variant with 8GB RAM and 256GB storage is priced at ₹31,999.

fixed income instruments. This is important because equity gives healthy returns whereas debt gives downside protection to investors. What if the valuation of equity spikes, and the proportionate debt allocation is reduced to abysmally low? This ideally calls for an asset reallocation in order to keep the original debt-equity ratio intact.

So if you are an executive looking to become a CSO, it is important to understand what the role entails.

National Testing Agency (NTA) on Friday announced the release of the admit cards for the JEE Main examination that will be held from January 29 to February 1, 2024. Candidates can download their admit cards from the official website.

Investing.com — Here is your Pro report of the upcoming major earnings releases next week: Apple, Microsoft, General Motors, Amazon, and Mastercard.

Bihar, Chief Minister Nitish Kumar is likely to meet the Governor today, say sources. Bihar CM Nitish Kumar has reportedly sought time to meet the Governor this morning and is likely to break away from the Mahagathbandhan government, per sources. Although the Bihar CM is mum over his next move, speculations of a rift between Mahagathbandhan and JD(U) leader Nitish Kumar joining the NDA, have been soaring high. Notably, the Bhartiya Janata Party will also hold a meeting with its MLAs and MPs in Patna at 9 am today to chalk out the strategy over the latest political situation in the state. The ruling JD(U)-RJD-Congress coalition in Bihar is on the brink of collapse, as there is likelihood that Chief Minister Nitish Kumar could cross over to the NDA again, the alliance he parted his ways in 2022 to form the 'mahagathbandhan'. The BJP has the largest number of 17 MPs in Bihar, where the total number of Lok Sabha members is 40. The JD(U), headed by Nitish Kumar, has 16 while another NDA ally LJP, now split up between the uncle-nephew duo of Pashupati Kumar Paras and Chirag Paswan, has six. In the Bihar Assembly of 243, the RJD has 79 MLAs; followed by the BJP's 78; the JD(U)'s 45' the Congress's 19, the CPI (M-L)'s 12, two each of the CPI(M) and CPI, the HindustAwam Morcha (Secular)'s four seats, and the AIMIM's one, plus one Independent legislator. If Nitish crosses over, this would be the fourth time he would be switching sides. However, the Bihar BJP chief Samrat Choudhary set it aside, stating that the party's high command has 'no clue' about it. «Neither has Nitish Kumarji resigned nor has anybody withdrawn support.

students, empowering them to overcome obstacles and embrace the opportunities that lie ahead. «Resilience emerges as the backbone for students, educators, and institutions alike. It encapsulates the capacity to navigate challenges, rebound from setbacks, and seize opportunities for growth and learning. Fostering resilience involves cultivating a growth mindset, and encouraging learners to perceive failures as stepping stones to progress.

By Vineet Sachdeva,

₹24,734 crore worth of Indian equities and the total outflow stands at ₹9,663 crore as of January 25, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. "FPIs continued to be sellers in the cash market having sold equity worth ₹27664 crores through 25th January. FPIs were sellers in autos and auto ancillary, media and entertainment and marginally in IT.

Indian equities as an asset class, but more so for mid and smallcaps. Despite the volatility of international uncertainty and geopolitical tensions, Indian markets stood strong. While Nifty 50 returned 20%, mid and smallcaps were in excess of 40%. The year of the bulls, 2023 was marked by stabilized interest rates and heavy government PLI schemes, among other macroeconomic factors.

Apple Chief Executive Tim Cook has turned his company into a juggernaut on the strength of its integrated “walled garden" of gadgets and services. It’s a strategy that has churned out enormous profits—and yet it’s increasingly a problem for the company. Apple’s hardware business is showing weakness, with sales of some devices leveling off and others declining.

'PDA' strategy will change history." Akhilesh Yadav's 'PDA' strategy refers to targeting the "Pichada (backward), Dalit (oppressed), and Alpsankhyak (minority)" communities. ALSO READ: ‘Want Nitish Kumar to stay’: Akhilesh Yadav blames Congress for Bihar political turmoil Uttar Pradesh sends 80 members to the Lower House of Parliament. The SP chief's statement came as the Lok Sabha Elections are due in April-May this year.

ICICI Prudential S&P BSE Sensex ETF - has now completed 21 years of its inception. This index fund ETF has delivered an annualised return of 16.9 percent in the past two decades. In other words, a lump sum investment of ₹1 lakh at the time of inception (January 10, 2003), as of December 31, 2023, would be approximately worth Rs.

Investors are currently enjoying a favourable environment. With high levels of optimism and the economy progressing positively, it’s understandable that investor confidence is on the rise. Yet, reshaping the stock market according to expectations is no simple task.