Friday, May 27, 2022
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Indian Economy

High WPI May Put Pressure On Retail Inflation: RBI

High WPI May Put Pressure On Retail Inflation: RBI

In its annual report, the RBI said that the cost-push pressures from high industrial raw material prices, transportation costs and global logistics, and supply chain bottlenecks continue to impinge on core inflation.

27 May 2022
Structural Reforms Essential For Sustained, Balanced, Inclusive Growth: RBI

Structural Reforms Essential For Sustained, Balanced, Inclusive Growth: RBI

In its annual report, the Reserve Bank of India also stressed that the future path of growth would be conditioned by addressing supply-side bottlenecks,...

27 May 2022

Moody's Slashes India's Economic Growth Forecast To 8.8% For 2022

In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through...

Third-Party Motor Insurance For Personal Vehicles Excluding EVs To Increase From June 1

Third-Party Motor Insurance For Personal Vehicles Excluding EVs To Increase From June 1

There is a discount of 7.5 per cent for hybrid electric vehicles and 15 per cent for electric vehicles, but for all the other cars, except for those with 1.5...

26 May 2022

How Modi Government Is Fighting Inflation To Protect Middle Class' Purchasing Power

Worried about rising prices, the Reserve Bank of India (RBI) was forced to hold an unscheduled meeting to raise the benchmark interest rate by 40 basis points...

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25 May 2022
India's Economy Seen Growing 9.2% In FY22 On Upbeat Rural Sector, Credit Demand: BoB

India's Economy Seen Growing 9.2% In FY22 On Upbeat Rural Sector, Credit Demand: BoB

As per government's advance estimates, the gross domestic product (GDP) in FY22 is projected to grow by 8.9 per cent.


25 May 2022
Mumbai Metropolitan Region Has Highest Average Sq.Ft Price of Houses And Unsold Inventory

Mumbai Metropolitan Region Has Highest Average Sq.Ft Price of Houses And Unsold Inventory

The average sq.ft price of a house in the Mumbai Metropolitan Region (MMR) is Rs 19,557 which is about 2.6 times that of Delhi and 3.4 times that of Ahmedabad.


23 May 2022
RBI Says Cryptos Can Seriously Undermine India’s Financial and Macroeconomic Stability

RBI Says Cryptos Can Seriously Undermine India’s Financial and Macroeconomic Stability

The RBI governor in an interview cited the example of the recent crypto market crash and said that they have been cautioning investors against crypto for...


23 May 2022
India Set To Continue Radical Reforms, Says Amitabh Kant At World Economic Forum

India Set To Continue Radical Reforms, Says Amitabh Kant At World Economic Forum

Kant said, "A slew of radical reforms has been carried out by India in the recent years that have put India on a growth trajectory for many decades to come"


23 May 2022
The Different Types Of Riders In An Insurance Policy And How To Choose The Right Ones

The Different Types Of Riders In An Insurance Policy And How To Choose The Right Ones

Insurance firms offer a variety of riders to give better risk protection to policyholders. One can select from several riders, and choose the best based on...


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21 May 2022
Sebi Modifies Existing Cyber Security Framework For Market Infrastructure Institutions

Sebi Modifies Existing Cyber Security Framework For Market Infrastructure Institutions

Sebi has made the cyber security framework more robust for market infrastructure institutions (MII), which include stock exchanges, depositories, clearing...


19 May 2022
GenZs and Millennials In India Prefer Hybrid Working, Reveals Deloitte Study

GenZs and Millennials In India Prefer Hybrid Working, Reveals Deloitte Study

Most GenZ and millennials prefer hybrid and remote working despite companies calling their employees back to office. Read below to read more about it.


19 May 2022
Sebi Simplifies Process For Transmission Of Securities to Legal Heirs; Know How It’ll Work

Sebi Simplifies Process For Transmission Of Securities to Legal Heirs; Know How It’ll Work

Sebi has simplified the procedure for transmission of securities to the nominees or legal heirs after the holder’s demise.


19 May 2022
What Are ESOPs And How Are They Taxed?

What Are ESOPs And How Are They Taxed?

ESOPs help an employee own the stocks of a company they are working in. However, the taxation of Esops is a bit complicated. Read on to understand how it works.


18 May 2022
India Better Placed To Face Global Challenges And Uncertainties: CEA Nageswaran

India Better Placed To Face Global Challenges And Uncertainties: CEA Nageswaran

India, he said, has already taken a host of reforms in banking and other sectors and is now focussing on stepping up public investment.


18 May 2022
Max Life Insurance Launches Max Life Sustainable Equity Fund For Its Ulip

Max Life Insurance Launches Max Life Sustainable Equity Fund For Its Ulip

Max life insurance has launched a new ESG fund linked with a Ulip launched earlier this month.


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18 May 2022
S&P Cuts FY23 India Growth Forecast To 7.3% On Rising Inflation, Russia-Ukraine War

S&P Cuts FY23 India Growth Forecast To 7.3% On Rising Inflation, Russia-Ukraine War

S&P had in December last year pegged India's GDP growth in the 2022-23 fiscal, which began on April 1, 2022, at 7.8 per cent


17 May 2022
Low, Stable Inflation Critical For Spurring Growth: RBI Article

Low, Stable Inflation Critical For Spurring Growth: RBI Article

The article titled 'State of the Economy' notes that the Indian economy consolidated its recovery, with most constituents surpassing pre-pandemic levels of...


17 May 2022
Economy Likely To Grow 12% To 13% In Q1: ICRA

Economy Likely To Grow 12% To 13% In Q1: ICRA

Citing rising inflation worries, ICRA said the consumer price index is expected to average at 6.3-6.5 per cent this fiscal.


17 May 2022
Following Axis Mutual Fund Scrutiny, Sebi Wants Greater Surveillance Powers: Report

Following Axis Mutual Fund Scrutiny, Sebi Wants Greater Surveillance Powers: Report

Sebi has sought permission from the central government under the Information Technology Act, 2000 to increase its surveillance power in view of increased usage...


17 May 2022
ICICI Lombard Launches New Insurance Policy For Doctors. Read Here To Know More

ICICI Lombard Launches New Insurance Policy For Doctors. Read Here To Know More

ICICI Lombard’s new insurance policy for doctors covers compensation for claims as well as cost for legal liability in investigation.


15 May 2022
As Inflation Soars, Sale Of Low-Unit Price Packs Jumps; FMCG Firms Go For Grammage Cut, Bridge Packs

As Inflation Soars, Sale Of Low-Unit Price Packs Jumps; FMCG Firms Go For Grammage Cut, Bridge Packs

The growing commodity prices and unprecedented inflation touching a new high, have forced the consumers to tighten their purse strings and opt for the low-unit...


15 May 2022
Majoritarianism Will Be Extremely Dangerous For The Future Of India, Says Raghuram Rajan

Majoritarianism Will Be Extremely Dangerous For The Future Of India, Says Raghuram Rajan

Addressing a webinar, Rajan emphasized the need to make the government more responsive to criticism by removing some of the legislative constraints on...


14 May 2022
India’s UPI Far Advanced Than Similar System In Use In Developed Nations, Says Report

India’s UPI Far Advanced Than Similar System In Use In Developed Nations, Says Report

Did you know that India’s instant payment systems, such as the UPI and IMPS are, far more developed than similar systems in use in the US, the UK, Canada and...


14 May 2022
India’s Fiscal Position Fragile Like Never Before, Needs Remedial Measures: P Chidambaram At Congress ‘Chintan Shivir’

India’s Fiscal Position Fragile Like Never Before, Needs Remedial Measures: P Chidambaram At Congress ‘Chintan Shivir’

Former Finance Minister and Congress leader P Chidambaram said a slower rate of growth has been the ‘hallmark’ of the present government in the last eight...


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