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Fuelling India’s economy, 9 indicators that point towards recovery
The economy is expected to recover sharply from manufacturing, services, GST, card payments, CVs, jewellery, electronics and sales of retail products.
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Common Service Centre plans to raise funds via IPO
CSC units are increasingly being accessed by banks and insurance companies, FMCG firms and auto makers, said the report.
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Cash rules the roost even as digital payments gain currency
The ratio of currency in circulation as a proportion of GDP rises to 14.5% for 2020-21
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Financial data of over 4 cr investors exposed twice within 10 days: Report
Vulnerability at CDSL Ventures led to the data breach
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Maharashtra builders now need to file mortgage status of project with state regulator
The step is expected to improve transparency and prevent multiple loans on the same property
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From milk to hand wash, prices of essential items set to go up
Nestle India MD Suresh Narayanan says the “spectre of food inflation will haunt us”
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Mobile phones witness highest-ever selling prices during Diwali
The average selling price (ASP) for smartphones in online sales was Rs 19,000 this year, up from Rs 17,000 last year and Rs 13,000 in 2019.
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Concerns raised over rising fuel prices at RBI’s policy panel meet
In July the retail inflation showed some signs of moderation. However, the wholesale price inflation continued to remain in double digits.
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Finmin to soon start process for appointment of MD, DMDs of Rs 20,000 cr NaBFID
The government named veteran banker K V Kamath as chairperson of the National Bank for Financing Infrastructure and Development (NaBFID) for 3 years.
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Total tax on petrol down to 50%, diesel to 40% after duty cuts
After adding central excise, dealer commission, and value-added tax (VAT) to base oil prices, the retail price of petrol and diesel is determined
