Entertainment
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Prime Minister Advocates UPI Transactions, Encourages Holding Weddings in India
Prime Minister Advocates UPI Transactions, Encourages Holding Weddings in India In a notable address, the Prime Minister has championed the use of Unified Payments Interface (UPI) transactions, emphasizing their importance in promoting a digital economy. Additionally, he has urged citizens to consider hosting weddings within the country, aligning with a broader economic and cultural vision. 1. Promoting Digital Transactions through UPI: a. Financial Inclusion: The Prime Minister’s endorsement of UPI transactions aligns with the government’s push for financial inclusion. UPI has emerged as a game-changer in enabling seamless, secure, and efficient digital transactions, fostering a transition from traditional cash-based economies. b. Digital India Initiative: The emphasis on UPI transactions is…
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S&P Global and Morgan Stanley Forecast India’s GDP Growth at 6.4% in 2024
S&P Global and Morgan Stanley Forecast India’s GDP Growth at 6.4% in 2024 In a positive outlook for India’s economic trajectory, both S&P Global and Morgan Stanley have released forecasts projecting a robust Gross Domestic Product (GDP) growth rate of 6.4% for the year 2024. These predictions signal optimism for India’s economic recovery and underscore the country’s resilience and potential in the global landscape. 1. Economic Resilience Amid Global Challenges: The projections by S&P Global and Morgan Stanley reflect a vote of confidence in India’s ability to navigate and rebound from the challenges posed by the global economic landscape. Despite uncertainties and disruptions, the forecasted growth rate suggests that India…