Month: February 2022

‘Banking sector is stable, capital is available and credit offtake is poised to take off’ The Hindu – Economy

‘More than a quarter of world’s wheat exports comes from Russia, Ukraine’ The Hindu – Economy

RBI to support growth as inflation seen easing, the minutes of the latest monetary policy meeting showed. NDTV Profit – Latest

The Indian government has refunded Rs 7,900 crore to Britain’s Cairn Energy Plc to a dispute over the levy of retrospective taxes. NDTV Profit – Latest

GST officers unearthed a racket of 54 bogus firms involved in fake invoicing of Rs 611 crore involving tax evasion of Rs 38.5 crore. NDTV Profit – Latest

PM Narendra Modi nudged private corporates to shun imports and buy oilseeds produced locally by providing offtake assurance to farmers. NDTV Profit – Latest

The Indian economy is now poised for recovery, but the high crude oil price is a cause for concern, says the Chief Economic Advisor. NDTV Profit – Latest

International oil prices surged to over a seven-year high of $103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffected, a top government official … Read More

The Indian rupee weakened as as riskier assets took a hit after Russia launched military operations against Ukraine. NDTV Profit – Latest

Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out as much as $259… … Read More