RBI Faces Core Challenge of Keeping Inflation Below 6%
Food has been the most significant determinant of the trajectory of retail inflation in India as it accounts for a sizable share of the consumer...
Category : ECONOMY
Record Solar Power Capacity Addition in H1-2022
The solar power segment in the country attained its highest ever half-early capacity addition this year with 8.40 GW to the grid. As per the...
PSU Insurers Incur Rs 26,364 Cr Loss for Health Portfolio in Last 5 Years: CAG
According to The Comptroller and Auditor General of India (CAG) report, PSU insurers’ market share in the health insurance business is declining continuously. All four...
India’s July Fuel Demand Rises 6.1% Year-on-Year, Ministry Data Reveals
India’s fuel demand in July increased 6.1% year on year. The oil ministry released the data by Petroleum Planning and Analysis Cell (PPAC) on Monday....
Post Office Staff Misappropriates Rs 96 Cr of Public Money: CAG
Comptroller and Auditor General have said that the staff at post offices has misappropriated Rs 95.62 crore of public money between November 2002 and September...
Govt Restricts Maida and Semolina Exports from August 14
To curb price increases, the government imposed restrictions on the shipment of maida, semolina and all wheat flour (atta) from August 8 to August 14....
India Seeks to Oust Chinese Companies from sub-$150 Phone Market
India looks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees (USD150). This is in pursuance of stimulating its faltering domestic industry....
RBI Rise Rates After Loan EMI Set
On Friday, the Reserve Bank of India (RBI) decided to hike in policy repo rate by another 50 basis points (bps) to 5.4%. As per...
GST Applies to Hotel, Travel Booking Cancellation Fees
The Union Finance Ministries Tax Research Unit (TRU) issued three circulars on Wednesday with several explanations and clarifications on the GST collection. While they did...
Govt Of India To Reduce Utilities Debt By $75 Bn
The main suggestions mandate that regulators determine prices based on market costs, expand the number of utilities operating within the same circles, and specify payment...