RBI Tightens Rules For Personal Loans And Credit Cards
The tighter rules, in the form of higher capital requirements, will make personal loans and credit costlier and possibly or hopefully curb growth in these categories, which have outpaced the overall bank credit growth of about 15% over the past year
Indian Markets Follow Global Signals On Low Inflation
Low inflation numbers mean the anticipation that interest rates won't rise further and money will flow into or back into stocks as opposed to safe and high interest bearing US Government bonds
Retail Inflation Hits 4-Month Low, Down To 4.87%
The Consumer Price Index (CPI) based retail inflation had hit a three-month low of 5.02 per cent in September. The previous low inflation was recorded at 4.87 per cent in June.
Personal Tax Collections In India Are Up Almost 30%
Business Standard reported that with the present momentum in direct tax and GST collections expected to be sustained in the coming months, India's total tax receipts in FY24 could exceed the Budget Estimate by a "considerable margin"
India Vulnerable To Recurring Food Price Shocks: RBI Governor
In almost all cases, including rice, wheat, sugar and even tomatoes, prices appear to respond only barely to Government actions, for instance banning of exports, in the case of non-basmati rice, to most countries
India Inc Build Almost 40% Of The India's Renewable Energy Capacity
A quest for a green label and a rush to meet ESG standards and appear friendly to green institutional investors in the new world is making more and more companies invest in their own renewable capacity
Middle East Tensions Have Little Impact On India: CRISIL
The conflict in the Middle East, confined mainly to the Gaza region now, has caused only negligible disruption in India's trade so far, Crisil has said.
Rating Agency Fitch Upgrades India GDP Target To 6.2%
Rating Agency Fitch said the latest estimates remain below its pre-pandemic potential growth projections for all the top 10 emerging markets, except Brazil and Poland
Risk Premiums On Crude Oil Are Receding Sharply
With the war yet to spill over into crucial oil-producing areas of the Middle East almost a month since it started, concerns about crude demand are resurfacing.
Abu Dhabi May Bring In $50 Billion Of Investments Into India
the United Arab Emirates is considering investing as much as $50 billion in India, its second-largest trading partner, as part of a broader bet on the country
GST Collections Are At Second Highest Level So Far
India's goods and services tax (GST) collections rose to Rs 172,000 crore in October, up 13 per cent year-on-year, which officials attributed to stricter anti-evasion measures and improved compliance
India's 2nd Quarter GDP Will Surprise On The Upside, Says RBI Governor
India's second-quarter gross domestic product (GDP) growth figure, in all probability, will surprise everyone on the upside, the RBI governor Shaktikanta Das said on Monday at the Business Standard BFSI Insight Summit 2023.
















