Data | Malappuram, Palakkad and Wayanad lag behind other Kerala districts
While inter-district disparities exist, they were not as stark in Kerala compared to Tamil Nadu | The Hindu
Month: July 2023
India’s services sector growth eases to three-month low in June: PMI
For the 23rd straight month, the headline figure was above the neutral 50 threshold. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction. … Read More
Byju’s Says Promoters Re-Invested Amount Raised From Secondary Share Sale
Edtech major Byju’s on Tuesday said its promoters have re-invested the entire amount raised by them through secondary sale of shares in the company. According to private market intelligence firm PrivateCircle … Read More
Investors Become Richer By Rs 7.90 Lakh Crore In 5 Days Of Market Rally
Equity investors’ wealth went up by Rs 7.90 lakh crore in five days of rally in the BSE Sensex, which is on a record-breaking run helped by unabated foreign fund … Read More
Explained| What are the Liberalised Remittance Scheme (LRS) and Tax Collected at Source (TCS)?
The government on June 28 announced that it has deferred the imposition of increased 20% TCS by three months to October 1. Further, international credit cards will not draw TCS. … Read More
For Advising On $64 Billion HDFC Bank Merger, Bankers Get A 0.0002% Fee
A $64 billion merger of two big lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country. Housing Development Finance Corp.’s all-stock … Read More
Greedflation and its counter arguments: how consumers ultimately decide prices
Many economists have questioned the validity of the argument that corporate thirst for higher profits is the cause behind inflation | The Hindu
India doubles its share of global commercial services exports between 2005 and 2022: World Bank & WTO report
The report titled ‘Trade in services for development’ also said that in India, South Africa and Türkiye, jobs directly linked to cross-border services exports account for more than 10% of … Read More
Sensex Ends Above 65,000 Mark For 1st Time, Nifty Settles At Record 19,322
Benchmark equity indices continued their rally on Monday, with the BSE Sensex ending above the 65,000 mark for the first time ever, propelled by a rally in global equities and … Read More
RBI says 76% of ₹2,000 notes returned to banks
On May 19, RBI announced withdrawal of ₹2,000 notes in circulation and gave public time till September 30 to either deposit the currency notes in their bank accounts or get … Read More