Finance ministry’s observations follow the prediction of the IMF in the second week of this month that the Indian economy would grow by about 5.9% in 2023-24
India’s dependence on imported crude oil increased at a time when the price of crude oil was sky-high all over the world
The decline in bond yields indicates that the market is not expecting an increase in the policy rates from the Reserve Bank in future, rather the market is expecting a cut in the repo rate
This not the first instance of co-operative banks being penalised for flouting norms. Several banks have also had their licence cancelled.
The company has offered to pay cash to buy back its 3.375%, Senior Notes that are due in 2024
Home rentals have been a significant indicator of economic activity following the ebb in Covid waves and the rise has been pronounced in the NCR
Various activities are effectively capex but in accounting terms, some of these activities are considered just as an expense while other are qualitative factors so they are not accounted for at all
Experts hope that sales might pick up in the second half of the current year, while the first quarter of the current financial year would witness a continuation of the demand woes
The court asked the CCI to consider the complaints by April 26, when Google’s new billing policy is scheduled to become operative