Monsoon2023

The
Indian government’s GDP increased to 7.2% in FY 23 thanks to a particularly
robust fourth quarter, according to the Annual Economic Review report released
by the Finance Ministry on Thursday. This is a significant increase from the
predicted 7% in February.Read also this: S&P holds that Indian corporations are credit-worthy.

According
to the research, quarterly consumption and investment trajectories after the
pandemic have already surpassed their pre-pandemic levels.

But
domestic consumption has rebounded since then, growing even stronger in FY23.
Finance Ministry reported that this allowed for a “near convergence”
of pre- and post-pandemic quarterly growth trends.

According
to the report, the economy did not benefit from external demand in the second
half of FY23.

Real
GDP growth rates before and after the pandemic are expected to converge once
external demand becomes effective. In FY23, the supply side met the demand
really well,” it said.

The
agri

On Wednesday, Chief
Minister Bhupendra Patel, who is on a two-day tour to tribal parts of the Narmada
district, stayed at a local villager’s home in Javali, a forest village on the
Maharashtra-Gujarat border in Sagbara taluka.

After arriving at the
specially built helipad, Patel met tribals and social activists in the village
and had dinner with a tribal family.Read also this: Shivraj Chouhan washes tribal feet amid urinating incident debate.

Javali residences were
decorated with Asopalav plant garlands to indicate a “auspicious
welcome” for the CM, district administration sources stated.

Since mid-June, when he
was supposed to attend the Shala Praveshotsav, the village had become a
fortress with numerous officials camping overnight with Patel. Local BJP
leaders alleged Cyclone Biparjoy cancelled the function.

Patel met with rural
sevaks, Talati, teachers, and fair-price grain dealers, according to a
government release. He met with health workers at the village

Chief Minister of Madhya Pradesh Shivraj Singh Chouhan met
the tribal labourer who had been urinated on by a man on Thursday. Shivraj
Singh Chouhan demonstrated respect by cleansing Dasmesh Rawat’s feet.

The Chief Minister expressed regret to Dashmesh Rawat over
what had happened. Images of Shivraj Singh Chouhan washing the feet of a
labourer were posted on his Twitter account.Read also this: Sharad Pawar’s Crucial Meeting Tonight In Delhi In the midst of NCP Crisis

Pravesh Shukla, the guy who was caught on camera in Sidhi
district urinating on a worker, was arrested between Tuesday night and
Wednesday morning. A video of the act went viral and made a lot of people
angry.

Shivraj Singh Chouhan saw the viral video and said that the
person who made it wouldn’t be let off easy and would get “strict punishment.”

After what happened, the government of Madhya Pradesh tore
down parts of a building owned by the accused on Wednesday.

Before meeting the worker, the Chief

President of the NCP
Sharad Pawar has called for a national executive meeting to be held in New
Delhi on Thursday. The meeting is held a day after Maharashtra Deputy Chief
Minister Ajit Pawar stated that he aspired to become the state’s chief minister
and criticised Sharad Pawar for asking his 83-year-old uncle when he would
retire from active politics. Read also this: India opposes China’s Belt and Road Initiative at SCO summit.Sharad Pawar stated on Wednesday that he will keep
the NCP’s election symbol, a timepiece, and no one will be able to steal it
from him. This statement was made after dissident NCP leader Ajit Pawar
approached the Election Commission and claimed the party’s name and symbol.

Sources told ABP News
that the rebel NCP faction told the Election Commission that Ajit Pawar, not
Sharad Pawar, was the national head of the party. Ajit Pawar also claimed the
name and sign of the Nationalist Congress Party. He said that more than 35 MLAs
back him.

Here

Recently, S&P
Global Ratings underlined the favourable credit climate for Indian corporations
due to rising GDP and strong corporate finances. That Indian businesses are in
“good credit shape” was one of the report’s findings.Read also this: India opposes China’s Belt and Road Initiative at SCO summit.

An improvement in
credit quality was indicated by the rating agency’s forecast that rated
corporate and infrastructure entities in India would see a 50 percent rise in aggregate earnings before interest, taxation, depreciation, and
amortisation  (EBITDA) by the fiscal year 2024.

S&P predicted in a
note that by fiscal 2024, the combined EBITDA of India’s rated corporate and
infrastructure firms would be almost 50% larger than it had been five years
earlier.

According to S&P, the aggregate
debt is little changed, showing an increase in credit quality.

What
lies behind the optimistic perspective?

Credit is looking good
since the Indian economy has shown str

The CA intermediate and final exam results have been
released by the Institute of Chartered Accountants of India. Results are
available at icai.nic.in, icaiexam.icai.org, the official ICAI website.

This year, an Ahmedabad resident named Akshay Ramesh
Jain placed first in all of India with a score of 616 out of 800 (77%). After
Prakhar Varshney, Kalpesh Jain has taken second place.

Overall, 13430 people were successful in passing the
CA final test.Read also this: After Tomatoes, Green Chiles Drive Retail Prices to ₹400/Kg.

When
and where will ICAI release the final CA Inter result?

Candidates can view
their results by going to icai.nic.in, where they will find a link labelled
“Result” on the homepage. After clicking on this link, they will be
prompted to submit personal information, including their roll number and
registration number. When that time comes, you can expect to see the ICAI CA
inter, final 2023 results. The outcome must be downloaded and saved by t

In certain regions of
India, the price of chilies and ginger has reached close to Rs 400 per
kilogramme, according to new reports that have surfaced in the wake of the
recent disappointment caused by the nationwide rise of tomato prices.

Green chilli supplies
have decreased to 80 tonnes in the last week, while daily demand in Chennai is
200 tonnes. The study claims that the states of Andhra Pradesh and Karnataka
were unable to keep up with demand, leading to a price hike.Read also this: Why do tomatoes cost over Rs 100, and why is the market heating up?

After experiencing
unfavourable prices for their chillies in the prior harvest, farmers in Andhra
Pradesh shifted to other commodities. As a result, the preponderance of green
chilies sold at the Koyambedu market now comes from Karnataka.

In addition to chilli
peppers and ginger, green peas bear a hefty price tag of approximately Rs 280
per kilogramme. However, demand for green peas is relatively low because many
c

Days before a video of a woman proposing to her
lover outside Kedarnath temple went viral on social media, the
Badrinath-Kedarnath temple committee had written to the police asking them to
keep a close eye on people making videos on the property because they hurt the
feelings of devotees all over the country and the world.Read also this: India opposes China’s Belt and Road Initiative at SCO summit.

“Some YouTubers and Influencers on
Instagram are creating videos, YouTube shots, and reels on Instagram
against the religious sentiments of people,” the Badrinath-Kedarnath
temple committee wrote in a letter to the police. This has hurt the feelings of
people who go to the temple to pray, as well as many other people all over the
country and the world.

To prevent a similar situation in the future, the
letter urged authorities to “take stick action” against anyone
responsible for offensive movies, YouTube clips, and Instagram stories.

A video of a girl proposing to her

On Tuesday, India
reaffirmed its opposition to endorsing China’s grandiose Belt and Road
Initiative (BRI), making it the sole member of the Shanghai Cooperation
Organisation (SCO) to take such a stance.

At the conclusion of a
virtual summit of the grouping sponsored by India, Russia, Pakistan,
Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan all reaffirmed their
commitment to the BRI in a declaration made at the end of the meeting.Read also this: Why is France protesting again?

The document also
stated that the members viewed as critical the implementation of the SCO Economic
Development Strategy 2030 agreed upon by “interested member states”
and initiatives meant to support cooperation in the digital economy, high
technology, and the modernization of existing international rail and road
transport routes.

PM Modi stressed the
importance of improving connectivity during his opening remarks at the summit,
but he also stressed the necessity to adhere to the fundam

France is boiling again following major pension
reform protests a few months ago. Following the death of a youngster on Tuesday
(June 27) due to police brutality, protests have swept France over the past
week.Read also this: Prime Minister Modi meets with his cabinet to talk about policy.

Protesters have burned cars and public buildings and
clashed with police. A burning automobile hit L’Hay-les-Roses’ mayor’s mansion
on Sunday. Mayor Vincent Jeanbrun said he was in the town hall monitoring the
violence when his wife and one of his children were attacked around 1:30 am
while they slept.

French media reported 78 arrests nationwide Sunday,
down from 719 the day before. Over 3,000 people have been arrested since the
protests began, with 45,000 police on the streets.

What is happening in France?

Large protests started in the suburbs of Paris and
have since spread to a few other French towns.

The death of Nahel, who was 17, on Tuesday set these
off. Nahel li