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Centre pegs market borrowing at Rs 7.24 lakh crore in first half of FY22
According to the Budget for 2021-22, the government's gross borrowing was estimated at Rs 12.05 lakh crore in the financial year beginning April 1
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RBI to maintain inflation target of 4% till March 2026, says Economic Affairs Secretary
Under the current mechanism, the RBI has been mandated by the government to maintain retail inflation at 4% with a margin of 2% on either side
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Investors’ wealth rises massively by over Rs90.82 lakh crore in FY21
In an unprecedented rally, the 30-share BSE Sensex jumped 20,040.66 points or 68% this fiscal year, braving many uncertainties due to COVID-19-led disruptions
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Keep track of these dates to check on key interest rates
The Monetary Policy Committee, which decides on key interest rates, will meet six times during the next financial year, the RBI said
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Retail inflation for industrial workers rises to 4.48% in February
Retail inflation for industrial workers rose to 4.48% in February, due to higher prices of fuel and certain food items
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After record surge, petrol, diesel and LPG prices set to fall
While petrol and diesel prices have already been cut thrice in one week, LPG price too will see a reduction in the near future
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Pfizer says its COVID-19 vaccine protects younger teens
Pfizer announced that its COVID-19 vaccine is safe and strongly protective in kids as young as 12
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Housing prices up 1% in January-March; may rise further in second half of 2021: Report
As per the latest data, the average housing prices in seven cities increased to Rs 5,660 per sq. ft in the first quarter of the 2021 calendar year from Rs 5,599 in the year-ago period
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COVID-19: Five states account for over 79% of active cases
Apart from Maharashtra, the four other states accounting for the majority of the active cases are Karnataka, Kerala, Punjab and Chhattisgarh
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Maruti Suzuki makes vehicle financing easier; partners with Karnataka Bank
Under the collaboration, customers can avail loans up to 85% of the on-road price on all new cars from Maruti Suzuki ARENA and NEXA showrooms
