According to RBI data for January 2021, while there were 9,507 NBFCs, only 64 were deposit-taking (NBFC-D)
A country in which less than half of the working-age population is even looking for a job is not one that will be able to escape poverty.
'In my view, registration should not be necessary at all where MEIS is directly transmitted by the DGFT to the Customs', says the author
Though there was numerical improvement in the situation in terms of violence, economic challenges continue to ail the sunrise states of India
The next policy in February will be come post the Budget announcement. It will be crucial as the state of the economy will be clear as will the action taken by the government to counter Omicron impact
The key message from the December meeting is that monetary policy remains fully geared towards growth
Further analysis by Business Standard showed that nearly half of all municipal corporations were facing financial stress in 2017-18
If Omicron becomes a major issue, risks to India's inflation will likely rise further
In case of the real growth trajectory, the trend GDP after the Covid shock continues to remain flat.
The structure of each country's GDP was different, with different components driving up growth, even before the pandemic
Data shows that obesity is increasingly growing among both men and women
E-Amrit is a government-run portal that's a one-stop shop for all your electric vehicle questions.
Traffic congestion also saw an uptick compared to the previous week
While it is true that institutions are more important than the person, ideology and approach of Governors of central banks are important
India, which too is in a coal and power crisis, has lessons to learn from this since domestic coal shortage is not the only cause for concern for its power generation sector
Squeezing of liquidity and the likely hardening of bond yields may have a near-term "sentiment" effect on the BFSI sector; overall the policy should not have too much bearing on the equity markets
The RBI has calendarized its VRRR auction and stands ready to enhance its duration. This is the first sign of preparing the market for an eventual increase in the reverse repo rate.
We remain cautious that reviving demand could embolden pricing power, allowing a faster transmission of the supply-side pressures to core inflation
The monetary policy committee's commentary on inflation, growth and bonds is of much interest to the market.
Fiscal interventions are needed to boost demand and induce durable growth