Zee Business Live YouTube0 https://www.business-economics.be/ is a 24/7 Hindi business news channel that provides the latest news and updates on the Indian economy, stock market, and other business-related topics. The channel has a team of experienced journalists and analysts who provide in-depth analysis and commentary on the latest developments in the business world.
In today’s episode of Zee Business Live YouTube, we will discuss the following topics:
- The latest stock market updates
- The impact of the Russia-Ukraine war on the Indian economy
- The government’s plans to boost the economy
- The latest job market trends
We will also have interviews with experts on these topics.
Tune in to Zee Business Live YouTube today to stay up-to-date on the latest business news and updates.
Latest Stock Market Updates
The Indian stock market opened in the green on Monday, July 24, 2023. The Sensex was up 100 points at 54,000, while the Nifty was up 25 points at 16,100.
The gains were led by gains in banking and financial stocks. SBI was up 2%, HDFC Bank was up 1.5%, and ICICI Bank was up 1.2%.
The broader market was also in the green. The Nifty Midcap 100 was up 0.7%, while the Nifty Smallcap 100 was up 0.9%.
The market sentiment was positive ahead of the release of key economic data later in the week.
Impact of the Russia-Ukraine War on the Indian Economy
The Russia-Ukraine https://www.businesslane.ca/ war has had a significant impact on the Indian economy. The war has led to a surge in oil prices, which has pushed up inflation. The war has also disrupted global supply chains, which has led to shortages of essential commodities.
The government has taken a number of steps to mitigate the impact of the war on the Indian economy. The government has cut excise duty on petrol and diesel, and it has also announced a number of measures to boost exports.
The government is also monitoring the situation closely and is prepared to take additional measures if needed.
Government’s Plans to Boost the Economy
The government has a number of plans to boost the Indian economy. These plans include:
- Increased spending on infrastructure
- Reforms to the labor market
- Simplifying the tax system
- Reducing the regulatory burden on businesses
The government is confident that these plans will help to boost economic growth and create jobs.
Latest Job Market Trends
The Indian job market has been on a recovery path in recent months. The unemployment rate has fallen to 7.8% in May 2023, from a peak of 23.5% in April 2020.
The recovery in the job market has been led by the manufacturing sector, which has added the most jobs in recent months. The services sector has also added jobs, but at a slower pace.
The government is confident that the job market will continue to recover in the coming months.
We hope you enjoyed this article. Tune in to Zee Business Live YouTube today to stay up-to-date on the latest business news and updates.