Building a consensus on the issue of bringing petroleum products under the GST is likely to be a challenging task as it will require a significant amount of political capital
We must recognise that India’s population, while sizeable, still has limited capacity – and thus, we will have to look at global markets to be able to sustain the kind of transformation of our manufacturing sector that is warranted
An increase in petroleum product prices has an impact on inflation as the logistics costs go up
One of the reasons why various governments had increased taxes was because lockdown had resulted in limited tax revenues and thus, a higher tax on petroleum products was supposed to make up for the revenue shortfalls
It comes as no surprise that the Reserve Bank of India is already evaluating the possibilities of a digital currency while terming it as a work-in-progress
Low interest rates on savings accounts may not be a party spoiler as inflation rates are low too. Karan Bhasin explains how to look at nominal and real rates while planning your investments.
Recently there has been a significant increase in mobile applications that provide instant credit to individuals. This credit is often short-term in nature, it is unsecured and digitally transferred into the account of a borrower in a short span of time. Some of these products provide instant credit approvals up to Rs 10,000-Rs 50,000 while […]