Category: Economy

RBI Interest Rate Risk: RBI issues final guidelines on interest rate risk in banking book
Posted in Economy

RBI Interest Rate Risk: RBI issues final guidelines on interest rate risk in banking book

The Reserve Bank on Friday issued final guidelines on Interest Rate Risk in Banking Book which require banks to measure, monitor, and disclose their exposure…

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Nouriel Roubini: ET GBS: India can realise growth of 7% in medium term, says economist Nouriel Roubini
Posted in Economy

Nouriel Roubini: ET GBS: India can realise growth of 7% in medium term, says economist Nouriel Roubini

India can potentially realise a growth rate of 7% or higher over the medium term with the right policy interventions, and its economy will likely…

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India Budget 2023: Emphasis on capital expenditure in India's budget could boost growth: RBI Bulletin
Posted in Economy

India Budget 2023: Emphasis on capital expenditure in India’s budget could boost growth: RBI Bulletin

India’s consumption-led economy would get a further boost from the government’s emphasis on capital expenditure, which is expected to encourage private investment and generate jobs,…

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fieo: India's exports may rise by 3-5 pc this fiscal: FIEO
Posted in Economy

fieo: India’s exports may rise by 3-5 pc this fiscal: FIEO

India‘s exports are expected to grow by 3-5 per cent to USD 435-445 billion in this fiscal, exporters’ body FIEO said on Friday. In 2021-22,…

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India's forex reserves fell by $8.3 billion, biggest weekly fall this financial year
Posted in Economy

India’s forex reserves fell by $8.3 billion, biggest weekly fall this financial year

India’s foreign exchange reserves fell for the second consecutive week due to Reserve Bank of India‘s (RBI) likely intervention to stabilise the rupee after overseas…

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Govt further cuts reserve price of FCI wheat to Rs 2,150 per quintal for bulk users to check prices
Posted in Economy

Govt further cuts reserve price of FCI wheat to Rs 2,150 per quintal for bulk users to check prices

The government on Friday further reduced the reserve price of FCI wheat to Rs 2,150 per quintal for bulk consumers under the Open Market Sale…

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India forex news: India's forex reserves decline by $8.31 billion, biggest weekly fall in over 11 months
Posted in Economy

India forex news: India’s forex reserves decline by $8.31 billion, biggest weekly fall in over 11 months

India‘s foreign exchange reserves declined by $8.31 billion to $566.94 billion in the week ending on February 10, according to the Reserve Bank of India‘s…

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vivek bharadwaj: Mines ministry in process of identifying mineral blocks in sea: Secretary
Posted in Economy

vivek bharadwaj: Mines ministry in process of identifying mineral blocks in sea: Secretary

The government is in the process of identifying mineral blocks like nickel in the sea and would gradually put them on sale, mines secretary Vivek…

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What is transfer pricing?: India's transfer pricing framework: key things to bear in mind
Posted in Economy

What is transfer pricing?: India’s transfer pricing framework: key things to bear in mind

Transfer pricing rules are not new to businesses that operate across multiple jurisdictions. In our globalised world, most developing and developed countries have an extensive…

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Raise GST exemption threshold to Rs 1.5 cr, do away with state-wise registration of biz: GTRI
Posted in Economy

Raise GST exemption threshold to Rs 1.5 cr, do away with state-wise registration of biz: GTRI

The Goods and Services Tax Council should consider raising the GST exemption threshold to Rs 1.5 crore annual turnover and also do away with the…

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