Tamil Nadu's economy may grow to $2.6 trn by 2047-48!
Mon, Jan 29, 2024 5:28 PM

Tamil Nadu's economy may grow to $2.6 trn by 2047-48!

A Flip by Avya Verma
Get it on Google Play
Tamil Nadu's economy has been growing at an average rate of 11 per cent for the past decade, and is estimated to reach USD 2.6 trillion by 2047-48. To achieve this growth, the state government needs to allocate capital expenditure of USD 111 billion, which will mainly go towards infrastructure development. The services sector is currently the biggest contributor to the state's GDP.

More great flips

Vedanta shares may see $54 million inflows after 20% rally in a month

Vedanta shares may see $54 million inflows after 20% rally in a month

Shares of Vedanta Ltd., the Anil Agarwal-owned mining conglomerate is up for the fourth straight day on Wednesday. The stock is trading with gains of close to 3% and is now nearing the mark of ₹450 per share. Shares of the company have rallied nearly 20% in the last one month. Shares of Vedanta have already risen nearly 75% so far in the first four-and-a-half months of 2024.

Open Flip
Aadhar Housing Finance lists at issue price

Aadhar Housing Finance lists at issue price

Aadhar Housing Finance made its debut on the stock exchanges with its shares listing at par. On the National Stock Exchange (NSE), the company is listed at an issue price of ₹315, while on the Bombay Stock Exchange (BSE), it is listed at ₹314.30, marking a marginal decrease of 0.22%. As of the third day since its listing, the IPO has garnered an overall subscription of 26 times.

Open Flip
Virat Kohli, Anushka-backed Go Digit IPO opens

Virat Kohli, Anushka-backed Go Digit IPO opens

The Go Digit IPO, a significant financial event, has opened today. The public issue, which aims to raise ₹2,614.65 crore, will be open for bidders until 17th May 2024. This means the public issue will remain open from Wednesday to Friday. The company, with the notable backing of celebrity couple Virat Kohli and his actor wife Anushka Sharma, has set a fixed price band of ₹258 to ₹272 per share.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon