Category: Economy Concepts

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

Union Budget 2024-25 proposes to set up ₹1000 crore venture capital fund for space economy

Union Budget 2024-25 announces the scrapping of angel tax for all investors

Reserve Bank of India has told banks to bridge the gap between credit and deposit growth and reduce CD ratio.

New SEBI Guidelines for Credit Rating Agencies (CRAs) issued under SEBI Act (1992) and Regulation 20 of CRA Regulations.

Reserve Bank of India (RBI) has increased the Ways and Means Advance (WMA) limit of States/UT to ₹60,118 crores from existing ₹47,010 crores.