As on April 1 this year, the arrears demand has increased to Rs 43 trillion, from Rs 24 trillion on April 1, 2023
Policy must stay the course with close vigil on inflation trajectory, says governor
Sentiments about current employment conditions & own income deteriorate
Economic Survey had suggested exploring whether inflation targeting framework of the central bank should exclude food
ICEA, which provided the GST data, projects that GST collections from mobile devices between FY21 and FY26 are expected to reach Rs 3.09 trillion
Patra says exclusion of new 14/30-yr G-sec from FAR to boost 5/10-yr bond demand
The real estate industry experts are expecting the move to continue the growth momentum in the sector
Nikhil Gupta, Chief Economist, MOFSL Group said what probably was more important was the Governor's emphasis on headline inflation and the focus on inflation deceleration when growth remains so good
The RBI MPC on Thursday decided to keep its repo rate unchanged at 6.5 per cent for the ninth consecutive time, RBI Governor Shaktikanta Das announced
With food inflation contributing over 75 per cent to headline inflation in May and June and making up 46 per cent of the CPI basket, vegetable prices accounted for 35 per cent of June's inflation
Prior to this, the IT sector was divided into software, services and hardware technology
RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here
Monetary policy stance retained at 'withdrawal of accommodation' to aid the MPC's focus on bringing inflation towards the target
Rising food costs, especially for vegetables, and hikes in telecom tariffs last month were offset by a higher base from July last year
RBI MPC policy meet: The Reserve Bank of India (RBI) is expected to hold the rate at 6.5 per cent again amid inflationary pressures. However, a cut may be possible going ahead
The states at yield risk till a few years back accounted for less than 20 per cent of India's annual rice production
The original LTCG regime proposed on July 23 Budget, removed the indexation benefit, sparking concerns over real estate transactions
Move to help firms investing in sectors covered by PLI schemes
Reasons for slow progress can be non-trade barriers or trade barriers coming in way of normal trade, he said adding possible impact of other regional FTAs on Bimstec region could be cause of the delay
Joshi also emphasized that fintechs need to strike a balance between regulatory requirements and innovation while working to resolve challenges faced by banks