Category: Economy Concepts

Government decides to update the GDP base year from 2011-12 to 2022-23.

Report on Municipal Finances Released by Reserved Bank of India (RBI).

RBI issues framework for reclassification of FPI to FDI

Union Ministry of Home Affairs has issued an alert about illegal payment gateways using mule bank accounts for money laundering.

Capex loan to states may be 20% lower than Budget estimates.

Price rise in vegetables had hit a 14-month high of 36% in September, lifting food inflation for consumers to 9.2%

India becomes 4th nation to cross 700 billion dollars in foreign reserves, following China, Japan, and Switzerland.

Supreme Court laid down functionality and essentially test for Input Tax Credit (ITC) eligibility

Core sector output tanks for the first time in 42 months.

Due to recent liquidity concerns where loan growth has outpaced deposit growth, regulators and the government are emphasizing the need to increase overall deposits, particularly the CASA component.

Solar Energy Corporation of India Ltd (SECI), a Central Public Sector Enterprise (CPSE) under Ministry of New and Renewable Energy, has recently been granted Navratna status by the Ministry of Finance.

India manufacturing PMI posts impressive growth in July