VIKSIT BHARAT @2047 National conclave: Charting path to prosperity
Addressing the audience, Nirmala Sitharaman delivered a speech, underlining the significance of nurturing a prosperous future for India's youth. She articulated a vision of resilience and progress, stating, "It is our duty to provide the coming generation with a better India, a better India that offers opportunities for our youth so that they can proudly say, 'everything lies here and I feel proud to be here.'"News Arena Network - New Delhi - UPDATED: February 26, 2024, 10:51 PM - 2 mins read
Nirmala Sitharaman addressed VIKSIT BHARAT@2047 National Conclave
Economy
See All![The ninth Governing Council meeting of Niti Aayog, chaired by Prime Minister Narendra Modi and comprising state chief ministers, is expected to convene in August to deliberate on the ‘Viksit Bharat @2047’ vision document. The ninth Governing Council meeting of Niti Aayog, chaired by Prime Minister Narendra Modi and comprising state chief ministers, is expected to convene in August to deliberate on the ‘Viksit Bharat @2047’ vision document.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fmodi-meeting-niti-ayogjpg_1720160479750.jpg&w=3840&q=8)
July 4, 2024, 11:21 PM - 2 mins read
Sources reveal that ahead of the Council meeting, Finance Minister Nirmala Sitharaman will provide an initial overview of the ‘Viksit Bharat’ vision and action plan in the upcoming Budget later this month. The ambitious goal includes positioning India as a $30 trillion economy by 2047, driven by significant policy reforms and governance changes by 2030.
Read more![In a positive session for the Indian stock market, both the Sensex and Nifty indices ended the day in green territory. In a positive session for the Indian stock market, both the Sensex and Nifty indices ended the day in green territory.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fbull-bse-nsejpg_1720091173090.jpg&w=3840&q=8)
July 4, 2024, 04:06 AM - 2 mins read
Top gainers of the day included Tata Motors, HCL Tech, ICICI Bank, Sun Pharma and TCS. On the flip side, the day's laggards were HDFC Bank, Bajaj Finance, Adani Entertainment, Wipro, and Tech Mahindra. Sectoral indices showed a mixed performance. Financial services, FMCG, media, and metal ended the day in red.
Read more![As the Monsoon Session of the Parliament gears up to begin on July 22, the nation eagerly awaits the presentation of the Union Budget 2024 by Finance Minister Nirmala Sitharaman. This event is more than just a routine fiscal exercise, it marks a historic occasion as Sitharaman becomes the first finance minister to present seven consecutive Union Budgets. As the Monsoon Session of the Parliament gears up to begin on July 22, the nation eagerly awaits the presentation of the Union Budget 2024 by Finance Minister Nirmala Sitharaman. This event is more than just a routine fiscal exercise, it marks a historic occasion as Sitharaman becomes the first finance minister to present seven consecutive Union Budgets.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fsitharaman-budgetjpg_1720087357845.jpg&w=3840&q=8)
July 4, 2024, 03:02 AM - 3 mins read
Industry leaders like Jasvinder Bedi and Ramesh Alluri Reddy have rightly pointed out the need for a focus on skill development and formal job creation. The staffing industry plays a vital role in this regard and deserves official recognition and support. The upcoming budget must prioritize initiatives that bridge the skill gap and create a workforce ready for the demands of the modern economy.
Read more![Equity benchmark indices Sensex and Nifty reached their lifetime peaks in early trade on Thursday, driven by firm global market trends, significant buying in blue-chip stocks, and robust Foreign Institutional Investors (FII) inflows. Equity benchmark indices Sensex and Nifty reached their lifetime peaks in early trade on Thursday, driven by firm global market trends, significant buying in blue-chip stocks, and robust Foreign Institutional Investors (FII) inflows.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fsensexxjpg_1720074595029.jpg&w=3840&q=8)
July 3, 2024, 11:29 PM - 2 mins read
Among the top performers in the Sensex pack were Tata Motors, ICICI Bank, Mahindra & Mahindra, Infosys, HCL Technologies, and Tata Consultancy Services. Conversely, HDFC Bank, IndusInd Bank, Adani Ports and Special Economic Zone, and Bharti Airtel were among the laggards.
Read more![Sri Lanka has successfully reached a debt restructuring agreement with its international sovereign bondholders, marking a significant step in the nation's efforts to restore debt sustainability. Sri Lanka has successfully reached a debt restructuring agreement with its international sovereign bondholders, marking a significant step in the nation's efforts to restore debt sustainability.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Franilwickremesinghejpg_1720074006653.jpg&w=3840&q=8)
July 3, 2024, 11:20 PM - 2 mins read
The announcement follows the finalisation of debt restructuring agreements with bilateral lenders, including India and China, in Paris on June 26. President Ranil Wickremesinghe described this earlier agreement as a “significant milestone” in bolstering international trust in Sri Lanka's debt-ridden economy.
Read more![Union Minister for IT and Electronics, Ashwini Vaishnaw, announced on Wednesday that discussions regarding regulations for Artificial Intelligence (AI) are currently underway, stressing the necessity of achieving a political consensus. Union Minister for IT and Electronics, Ashwini Vaishnaw, announced on Wednesday that discussions regarding regulations for Artificial Intelligence (AI) are currently underway, stressing the necessity of achieving a political consensus.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fashwini-vjpg_1720019181213.jpg&w=3840&q=8)
July 3, 2024, 08:06 AM - 2 mins read
Speaking at the 'Global IndiaAI Summit', Minister Vaishnaw highlighted the importance of societal understanding of both the potential and threats posed by AI. "All sections of society must fully understand the threats and potential of Artificial Intelligence only then we should approach legal action," he told reporters.
Read more![The benchmark BSE Sensex breached the 80,000 level for the first time during intraday trading on Wednesday. The benchmark BSE Sensex breached the 80,000 level for the first time during intraday trading on Wednesday.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2F1500800-8jpg_1720003157187.jpg&w=3840&q=8)
July 3, 2024, 03:39 AM - 2 mins read
Conversely, Tata Consultancy Services, Titan, Reliance Industries, Tata Motors, and Larsen & Toubro were the major laggards. Asian markets showed mixed trends, with Seoul, Tokyo, and Hong Kong ending in positive territory, while Shanghai closed lower. European markets traded with gains, and US markets closed higher on Tuesday.
Read more![Madhya Pradesh Finance Minister Jagdish Devda presented the state budget for the year 2024-25 in the legislative assembly on Wednesday amid a ruckus created by the opposition Congress over an alleged nursing college scam. Madhya Pradesh Finance Minister Jagdish Devda presented the state budget for the year 2024-25 in the legislative assembly on Wednesday amid a ruckus created by the opposition Congress over an alleged nursing college scam.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fjagdish-devda-mp-fmjpg_1719989393228.jpg&w=3840&q=8)
July 2, 2024, 11:49 PM - 2 mins read
The budget presentation, intended to outline the government's fiscal plans and priorities for the upcoming year, was overshadowed by the persistent demands for accountability and resignation over the nursing college scam.
Read more![The Indian stock markets soared to new heights on July 3, with benchmark indices Nifty and Sensex reaching fresh record highs, driven by positive global cues. The Indian stock markets soared to new heights on July 3, with benchmark indices Nifty and Sensex reaching fresh record highs, driven by positive global cues.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fsensexxjpg_1719988687749.jpg&w=3840&q=8)
July 2, 2024, 11:38 PM - 2 mins read
HDFC Bank, the country's largest private bank, was a key highlight. The bank's increased weightage in the MSCI index is expected to rise as foreign institutional investors (FIIs) have greater room to buy stock. This potential for increased investment led to a rally in the Bank Nifty, which also hit a record high of 53,201.50.
Read more![Amazon India's Prime Day sale on July 20-21 Amazon India's Prime Day sale on July 20-21](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Famazon-prime-day-salejpg_1719971249652.jpg&w=3840&q=8)
July 2, 2024, 06:47 PM - 1 min read
Exclusive discounts and deals across various categories will be available to Amazon Prime members during the sale.
Read more![Equity benchmark indices Sensex and Nifty hit fresh lifetime high levels on Tuesday before closing flat due to profit-taking in select banking and telecom shares amid concerns over rich valuations. Equity benchmark indices Sensex and Nifty hit fresh lifetime high levels on Tuesday before closing flat due to profit-taking in select banking and telecom shares amid concerns over rich valuations.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2F1500800-8jpg_1719926301256.jpg&w=3840&q=8)
July 2, 2024, 06:18 AM - 2 mins read
In the Sensex pack, Kotak Mahindra Bank, Bharti Airtel, IndusInd Bank, Tata Motors, ICICI Bank, Bajaj Finance, State Bank of India, and Titan were the biggest laggards. Conversely, Larsen & Toubro, Infosys, HDFC Bank, Tata Consultancy Services, HCL Technologies, and Tata Steel emerged as the top gainers.
Read more![India's markets regulator, the Securities and Exchange Board of India (SEBI), has issued a show cause notice to Hindenburg Research, accusing the US firm of engaging in "unfair trade practices" in relation to its 2023 report on the Adani Group. India's markets regulator, the Securities and Exchange Board of India (SEBI), has issued a show cause notice to Hindenburg Research, accusing the US firm of engaging in "unfair trade practices" in relation to its 2023 report on the Adani Group.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fsebijpg_1719925594066.jpg&w=3840&q=8)
July 2, 2024, 06:06 AM - 3 mins read
Hindenburg Research, which has publicly shared the notice on its website, described SEBI's actions as "nonsense" and an attempt to "silence and intimidate" those exposing corruption. The firm stated that it made approximately USD 4.1 million from its declared positions on Adani stocks, and criticized SEBI for not focusing its investigation on the evidence presented in the January 2023 report.
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