Month: December 2022

RBI will increase policy rate to 6.15% this month and retain this level through 2023, says the rating agency The Hindu – Economy

The company said it has initiated a voluntary recall campaign for certain Urban Cruiser Hyryder units to investigate for a possible issue with front seat belt shoulder height adjuster plate … Read More

In June last year, Mumbai-based Suraksha group received the approval of financial creditors and homebuyers to takeover the Jaypee Infratech Ltd (JIL), raising hopes for 20,000 homebuyers of getting… NDTV … Read More

Sri Lanka, which is trying to secure a $2.9 billion bridge loan from the International Monetary Fund (IMF), is also looking at financial assurances from its major creditors – China, … Read More

India’s October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve … Read More

High nominal GDP growth in the first quarter supported strong growth in revenue collection, especially Goods and Services Tax (GST), despite tax cuts on fuel. NDTV Profit-Latest

The initiative will use “prebunking” videos designed to counter false claims before they become widespread circulated on the company’s YouTube platform and other social media sites. NDTV Profit-Latest

The tax rates are revised every fortnight based on prevailing international rates. The levy on petrol export has since been abolished. NDTV Profit-Latest

“What is the plan for reform? Frankly, I have no plan for it. What reforms when we don’t have an economy,” the Daily Lanka Mirror newspaper quoted Ranil Wickremesinghe as … Read More

The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The central bank’s residency criteria for promoters applies only for newly set up banks. … Read More