HDFC Bank Hikes MCLR Rates by 10Bps to 8.2%
On Wednesday, HDFC Bank raised the marginal cost of the funds-based lending rate (MCLR) by ten basis points to 8.2%. This is the bank’s fifth...
Tag : FICCI
ADB Cuts India Growth Forecast to 7.2% for FY23, Sees Higher Inflation
On Thursday, the Asian Development Bank (ADB) cut India’s growth forecast for FY23 to 7.2% from 7.5% earlier, citing higher-than-expected inflation since April and subsequent...
Centre Develops Framework to Check for Fake Reviews on E-Commerce Sites
On Saturday, the government said it would develop a framework to check fake reviews posted on e-commerce sites to protect consumers’ interests. On Friday, the...
Sitharaman Clarifies Education Cess Not Deduction
FM Sitharaman clarified that a suggested amendment in the Budget related to the education cess must be included to be impartial to all taxpayers. The...
Centre Added 3 New Member in SCALE Committee
The centre has increased the Steering Committee for Advancing Local Value-Add and Exports (SCALE) committee by adding three new members. The new appointments are Panasonic...
Govt Working on Execution of NIP, NMP and Gati Shakti Plan
The government is working on speedy execution of the National Infrastructure Pipeline (NIP), the National Monetisation Pipeline (NMP), and the Gati Shakti plan, the department...
FICCI Stresses on Withdrawal of Restrictions in Unlock 3.0
FICCI – the industry’s voice for policy change has made a series of recommendations for Unlock 3.0 including making Indian and foreign carriers operating in India...
In RBI’s June 7 Circular FICCI Suggested For Structural Changes
It is suggested by the Federation of Indian Chambers of Commerce and Industry (FICCI) that structural changes in revised stressed asset framework issued by the...
Associates From Industry & Commerce Urges RBI To Cut Rates
Representatives from the chambers of commerce and industry have urged the Reserve Bank of India to reduce the interest rate and reserve ratio in order...
Associates From Industry & Commerce Urges RBI To Cut Rates
Representatives from the chambers of commerce and industry have urged the Reserve Bank of India to reduce the interest rate and reserve ratio in order...