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Government Mulling Over Curbs on Duty-Free Alcohol And Cigarettes
The government is likely to change rules regarding duty-free imports, especially on alcohol and cigarettes. Ministry of Commerce and...
Tejas Rokhade
Jan 22, 20202 min read
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Card Transactions To Be Safer After Strict RBI Guidelines
Due to the increasing number of fraud cases in India, RBI has laid out new, stricter set of rules to ensure safety from fraudulent acts....
Tejas Rokhade
Jan 20, 20202 min read
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US & China Sign Phase 1 of Trade Deal
The US & China on January 15 signed the first phase of a trade deal after 18-months of tough negotiations including several months of...
Tejas Rokhade
Jan 17, 20202 min read
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WPI Inflation reaches 7-Month High in December 2019
According to data released by the Ministry of Commerce and Industry; WPI inflation stood at 2.59% in December as compared to 0.58% in...
Tejas Rokhade
Jan 16, 20202 min read
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SBI Launches New Scheme providing Refund for Housing Loans
The State Bank of India (SBI) on January 8th launched a scheme guaranteeing the refund of the principal amount if a builder fails to...
Tejas Rokhade
Jan 9, 20202 min read
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World Bank Projects 5% Growth Rate For India
In a slight respite to the Indian economy, World Bank in its recently released Global Economic Prospects projected a 5% growth in 2019-20...
Tejas Rokhade
Jan 9, 20202 min read
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India’s Coffee Production output slashed by 50%
Due to the extensive torrential rains, floods and landslide damaged the coffee plantations in August-September 2019; India’s Arabica...
Tejas Rokhade
Jan 9, 20202 min read
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China Reduces Reserve Requirement Ratio To Boost Economy
China’s central bank The People’s Bank of China (PBOC) announced to reduce Reserve Requirement Ratio (RRR) by 50 basis points. w.e.f...
Tejas Rokhade
Jan 8, 20202 min read
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FDI, Manufacturing Sector Hint at Revival of Economy
With the Foreign Direct Investments peaking in the first half of FY2019 and Manufacturing PMI increasing in December, the Indian economy...
Tejas Rokhade
Jan 3, 20202 min read
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Important Banking Changes Applicable from 01.01.2020
As the world welcomed the new year of 2020; there are some important changes in the banking and other sectors ranging from Indian...
Tejas Rokhade
Jan 1, 20202 min read
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102 Lakh Crores National Infrastructure Pipeline For $5 Trillion Economy
Finance Minister Nirmala Sitharaman today announced a Rs 102 lakh crore National Infrastructure Pipeline (NIP) to achieve the target of...
Tejas Rokhade
Jan 1, 20202 min read
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New Year Bonanza! SBI Loans to be Cheaper
State Bank of India announced a cut of 25 basis points or 0.25% in the External Benchmark Rate (EBR). Older home, auto, MSME or other...
Tejas Rokhade
Dec 30, 20192 min read
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Telecoms Losing Rs.24.5 Million Every Hour Due to Government Suspension
After the countrywide protests against the CAA from three weeks; Indian mobile operators are losing around 24.5 million rupees in revenue...
Tejas Rokhade
Dec 30, 20192 min read
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RBI Reports First Decline In NPAs in 7 years
A recent RBI report on ‘Trend and Progress of Banking in India 2018-19 reported that the gross NPA ratio fell from 11.2 per cent in FY18...
Tejas Rokhade
Dec 28, 20192 min read
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Number of Active GST taxpayers reaches 1.21 crores
In a relief to the Central government amidst the criticism over the economic slowdown in the country; Sushil Kumar Modi convenor of Group...
Tejas Rokhade
Dec 26, 20192 min read
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With India's Forex Up, Is RBI Planning to Kickstart the Economy?
Amidst global economic volatility and sluggish Indian economy, the Foreign Exchange Reserve held by the Reserve Bank of India (RBI) rose...
Tejas Rokhade
Dec 23, 20192 min read
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To Curb Tax Evasion and Integrate Data, E-Invoicing to be Mandatory in GST Regime
In a move to combat under-reporting or misreporting tax invoices and integrate data, Electronic Invoice System will be implemented for...
Tejas Rokhade
Dec 22, 20192 min read
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PwC India Reports 50% drop in Merger & Acquisitions In 2019
According to a consulting firm PwC India: Annual Review And Outlook for 2020 report, Merger and acquisition (M&A) activity in India...
Tejas Rokhade
Dec 20, 20192 min read
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Job Creation in India May Get a Boost in the Second Half of 2019: Report
TeamLease’s report, based on a survey of 744 entities of India and 76 employers worldwide. hints at a shift of gears for the slowing...
Tejas Rokhade
Dec 15, 20192 min read
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RBI Keeps Repo Rate Unchanged at 5.15%
The Monetary Policy Committee (MPC) of the Reserve Bank of India at its meeting today (December 5, 2019) decided to keep the policy repo...
Tejas Rokhade
Dec 5, 20192 min read
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