Around the market: India is the third largest vehicle market
India is the third largest vehicle market
India is the fifth largest economy in the world. But in the vehicle market, India has overtaken Japan and reached the third position. Last year, more than 42.5 lakh cars were sold in the country. This figure is the highest after America and China. China's vehicle market is number one in the world. Last year, 2.675 crore vehicles were sold in China while 1.389 crore vehicles were sold in America.
Federal President's concern over inflation
In the US, some positive data regarding the economy have been released recently, which is a positive thing. Still, continued rising inflation is a matter of concern, Federal Reserve Governor Lisadie Cook said. He made it clear that he would make all necessary efforts and drastic measures to achieve the two percent inflation target in the US.
Petrol with ethanol in the market from April 1
E20 (a blend of 20 percent ethanol in petrol) will be introduced in the country in a phased manner from April 1, 2023. The fuel will be available at select petrol pumps and will not require any change in the car's engine, government sources said. The implementation of the proposed scheme will accelerate the government's plan to blend ethanol with petrol with a target of 20 per cent ethanol blending in the total petrol supply in the country by 2025-26. The deadline for blending was earlier set at 2030 which has now been reduced as the supply of crude ethanol has increased rapidly.
India will focus on the four 'T's'
The finance minister said that India, full of aspirations in the elixir of freedom, will focus on four sectors, which include infrastructure, investment, innovation and inclusion. After the 'China plus one' policy, now the world is also talking about the European Union plus one policy. The Finance Minister said that the government is strongly presenting India to multinational companies as a country where they can set up their factories apart from China and the European Union. Citing the dominance of Indian professionals in information technology, digital technology, automobile, semi-conductor designing, pharmaceutical manufacturing and other sectors, he said the country is becoming a global hub of knowledge and progress.
13 years a millionaire... now a millionaire
Tamannaah Bhatia, the heroine of Bollywood and South films, earned millions of rupees at the age of 13, who is currently playing in crores. Tamannaah got her first film offer when she was 13 years old when she participated in the school's annual festival. After working in Abhijit Sawant's album Lafzo in 2005, she worked in modeling and TV ads. At the age of 15, she appeared in her first film Chand Sa Roshan, then worked in Telugu, Tamil and video albums. On the other hand, she became active in Hindi films. She was seen in films like Himmatwala, Entertainment, Baahubali. Currently it costs Rs. It takes an amount of one and a half to two crores.
Changes in tax structure after eight years
In the last budget of 2005, when Article 80-C was changed, initially Rs. There was a limit of one lakh, then in 2014-15 Finance Minister Arun Jaitley increased it to Rs. 1.5 lakh, there has been no change in it, but this time the possibility of that change in the budget was expressed by informed circles. It is likely that the government will announce a relief for the taxpayer due to the ever-increasing inflation.
The hill was dug... the rat came out...
Last week in the AC coach of the Saptakranti Express train from Muzaffarpur to Delhi, a sudden fire alarm went off in the middle of the night. When the fire alarm system was checked, a dead mouse was found inside, so the saying that the hill was dug and the mouse came out proved true.
Relief to startups in the textile sector
In the near future, there will be a big relief for the start-ups in the textile sector. The National Technical Textile Mission, run under the auspices of the government-owned Ministry of Textiles, has given startups in this sector Rs. A plan has been made to provide financial assistance up to 50 lakhs. For textile industry through this mission Rs. Research/development will be carried out at a cost of 1400 crores.
Training to recognize different poisonings
UPLA, one of the world's leading agricultural companies, along with AIIMS and local associations of physicians, organized training for doctors on toxicology emergency management to create awareness about occupational health conditions in agriculture and to equip doctors to provide effective treatment against global threats like 'poisoning'. Under this initiative, primary level doctors are trained to distinguish between poisonings including snakebite and insecticides, identify different poisonings to adopt specific treatment methods.
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