Tag: credit
Credit growth momentum may moderate to 10 pc in FY24, report suggests
India’s credit growth momentum is waning and the crucial non-food loans growth is likely to slip to 10 per cent in FY24 from more than…
GST Network: GSTN mandates businesses with over Rs 100 crore turnover to upload e-invoice on IRP within 7 days
Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of…
End may be in sight for global rate-hike cycle as Fed nears peak
Most global central banks may be either close to a peak or already done with interest-rate hiking, auguring a hiatus before possible monetary loosening comes…
RBI proposes expansion of UPI digital payments system to allow credit
Reuters | | Posted by Sreelakshmi B The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI)…
Foreign Trade Policy: Foreign trade, a new pathway
GoI has issued its Foreign Trade Policy (FTP), 2023. The earlier policy FTP 2015-20, which was to end on March 31, 2020 was extended till…
Pensions: FM Sitharaman proposes panel to look into issues related to govt employees’ pension
Finance minister Nirmala Sitharaman on Friday proposed setting up of a committee to look into the issues related to pension for government employees and evolve…
Global economy: Boom, bust or a bit of both: US, global economies are a confounding mix
Dana Peterson, the chief economist at the Conference Board, sees a clear conclusion in the sharp decline of the U.S. business group’s Leading Economic Index:…
India’s economic activity cools in January amid slowdown fears
India’s economic activity cooled off at the start of the year as higher borrowing costs tempered demand at home and abroad, signaling more pain ahead…
Niti Aayog: Budget should have focused more on asset monetisation, says Former Niti Aayog Vice Chairman Rajiv Kumar
Former Niti Aayog Vice Chairman Rajiv Kumar on Thursday said the Budget should have focused more on asset monetisation and privatisation, besides allocating more funds…
India rural wage: Rural wage growth trailing inflation, govt should continue support: Report
Rural wage growth is trailing inflation and the government needs to continue with policy support to help people in the mofussil areas, a credit information…