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₹330 trillion. In FY24, nominal GDP size was ₹296.6 trillion, as per the first advance estimate released in December. An email sent to a finance ministry spokesperson on Friday seeking comment was unanswered till press time.

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By Andrew Osborn and Maxim Rodionov

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Futu, Apple, and IBM; downgrades for Boeing.

National Investigation Agency (NIA) apprehended a juvenile on Saturday for allegedly harbouring militants involved in the killing of five civilians in Dhangri village of Rajouri district of Jammu in January last year, said officials. They said the juvenile was apprehended and produced before the Juvenile Justice Board in Rajouri for remand.

capital expenditure target for central public sector enterprises (CPSEs) by 12-13%, people familiar with the matter said. In absolute terms, the capital expenditure of 54 CPSEs and five departmental arms of government including Railway Board and National Highways Authority of India is expected at around ₹8.20-8.30 lakh crore for the next fiscal year, said the people cited above. The capex target for CPSEs for FY24 was set at ₹ 7.33 lakh crore, up 13.4% over the revised FY23 target of ₹6.46 lakh crore.

electronics exports grew at a record 22.24% to cross the $20 billion mark in the first nine months of FY24, propelled by booming smartphone shipments, spearheaded by Apple's iPhone. According to industry body India Cellular and Electronics Association (ICEA), mobile phone exports reached $10.5 billion during April to December 2023, comprising 52% of total electronics exports. In FY23, electronics exports stood at $23.6 billion, of which mobile phones comprised $11.1 billion or 43%. Industry data showed iPhones were the single largest contributor to the surge in both electronics and mobile exports this fiscal.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Elon Musk seeks increased voting control; BYD looks to dominate Indonesian market; and Vinfast finds light in missed target.

By Gram Slattery and James Oliphant

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., delaying shipments and raising transportation costs. Average worldwide costs of shipping a 40-foot container rose 23% in the week through Jan.

Chinese equities have continued where they left off in 2023 with the Hang Seng Index (HSI) already down 8% in the new year. China stocks extended their decline as disappointing economic data and Premier Li Qiang's comments on avoiding massive stimulus weighed on the market.

Bharat Jodo Nyay Yatra, when Rahul Gandhi entered Assam for the second time from the Rajgarh-Hollongi (Assam-Arunachal Pradesh) border, Congress General Secretary Jairam Ramesh took a dig at Assam Chief Minister Himanta Biswa Sarma, saying that the latter is suffering from an illness. «Assam Chief Minister is suffering from an illness. Whenever he sees Rahul Gandhi or hears Rahul Gandhi's name or the Congress party's name, he loses his cool.

Read our full Budget 2024 coverage here While we have become the fifth largest economy, the target is to become the world’s third largest economy by 2030. Given the rapid growth in public expenditure especially in the infrastructure space, it is quite clear that the aim of the government is to do so on the back of our ambition of becoming the next global manufacturing hub, which in turn would be aided by a single-minded focus on improving logistics and other core infrastructure required by the manufacturing sector to flourish. Indian Government has rightly prioritized “Infrastructure and investment” by terming it as one of the “Sap rishi” (i.e., Key Priority) in Budget 2023.

think tank that functions under the union home ministry has issued an advisory and alert against a variety of scams that take place on popular social media messaging platform WhatsApp leading to cyber crimes and financial frauds. The Bureau of Police Research and Development (BPRD) has identified seven types of such frauds that includes tricking through missed calls, video calls, in the name of job offers and investment plans, impersonation, hijacking and screen share. As part of the 'hijacking' scam, the eight page advisory-cum-alert said, the scammers take unauthorised access to the victim's WhatsApp (WA) account and request money from their contacts.

Indian Stock Market: The Nifty remain sideward throughout the session following a strong start. The index has moved back above the critical near-term moving average. In the short term, the index is likely to consolidate within the bands of 21500 and 21700.

₹17.9 trillion) will now amount to 6% of GDP. But there, the second big number—tax collections—comes to the government’s relief. For the third straight year, the mop-up has been robust, and in the first eight months of 2023-24, has risen way faster than what the government had projected.

Congress leader Rahul Gandhi on Sunday alleged that Assam's BJP-led government has been threatening people against joining the Bharat Jodo Nyay Yatra and also refusing permissions for programmes along the route. But people are not afraid of the BJP, Gandhi claimed addressing a while public gathering at Biswanath Chariali, the headquarters of Biswanath district. He also asserted that the party will win by huge margins against the BJP in the coming elections. At the gathering, Gandhi said, «We don't make long speeches as part of the Yatra.

Jackson County Executive Frank White has vetoed an ordinance that would have put a 3/8th-cent sales tax renewal on the April ballot

Microsoft says state-backed Russian hackers broke into its corporate email system and accessed accounts of members of the company’s leadership team, as well as those of cybersecurity and legal employees

Samagra Shikshana Karnataka (SSK), Bangalore and Transform Schools signed a three-year MoU to scale the Marusinchana programme for providing targeted instruction model-based education statewide. The Karnataka government has launched a new education scheme, Marusinchana programme, to providing quality education and improve Class 10 board exam results. “Marusinchana announced in Karnataka State Budget 2023, aims to develop grade appropriate learning outcomes among children in classes 8, 9 and 10 in all aspirational talukas and prepare them for secondary level examinations through special classroom instruction and training,” State Project Director of Samagra Shikshana, K N Ramesh (IAS) said In partnership with Transform Schools, the integrated three year learning enhancement programme will focus on developing learning outcomes for children at the secondary school level.