The RBI is cracking down and increasing risk-weights on banks’ unsecured personal loans and consumer durable loans from 100% to 125%, and risk-weights on credit cards have been increased from 125% to 150%

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

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

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.

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"

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

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

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 said the latest estimates remain below its pre-pandemic potential growth projections for all the top 10 emerging markets, except Brazil and Poland

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.