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Reserve Bank of India Monetary Policy Meeting Likely to Maintain Repo Rate at 6.50% as GDP Growth and Inflation Improve-thumnail

Reserve Bank of India Monetary Policy Meeting Likely to Maintain Repo Rate at 6.50% as GDP Growth and Inflation Improve

Reserve Bank of India Monetary Policy Meeting Likely to Maintain Repo Rate at 6.50%, as indicated by a poll of economists. Factors contributing to this decision include higher-than-expected GDP growth, easing retail inflation, and the scaling down of rate hikes by central banks in advanced countries. The RBI’s focus on liquidity management and concerns about the impact of the monsoon on food inflation also play a role. Market participants are eagerly awaiting the RBI’s comments on these matters.

Finance

Jun 5, 2023

Paytm reports May operating results, with disbursements of Rs 5,502 crore-thumnail

Paytm reports May operating results, with disbursements of Rs 5,502 crore

Paytm claimed 75 lakh merchants are now paying membership fees for its payment devices, up 4 lacks from May, and that its average monthly transacting users (MTU) had increased 24 percent year on year to 9.2 crores.

Finance

Jun 5, 2023

Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan-thumnail

Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan

Discover the latest update on Byju’s, India’s most valuable startup, as Byju’s Plans $40 Million Quarterly Interest Payment on Troublesome $1.2 Billion Loan. Learn about the challenges faced by the ed-tech firm, its negotiations with creditors, and the potential consequences of default. Stay informed with this important financial news.

Finance

Jun 5, 2023

Bank of Baroda Aims for Steady Growth; Capital Enhancement and Credit Expansion in Focus-thumnail

Bank of Baroda Aims for Steady Growth; Capital Enhancement and Credit Expansion in Focus

Bank of Baroda Aims for Steady Growth; Capital Enhancement and Credit Expansion in Focus

Finance

Jun 2, 2023

An assembly line stuck on Modi’s $24 billion manufacturing push-thumnail

An assembly line stuck on Modi’s $24 billion manufacturing push

A $10 billion initiative to produce semiconductors in India is in jeopardy. Its failure will highlight a significant weakness in Prime Minister Narendra Modi’s drive for greater economic independence. Influential

Finance

Jun 2, 2023

US Senate Approves Fiscal Deal, Averts Debt Default Threat-thumnail

US Senate Approves Fiscal Deal, Averts Debt Default Threat

The agreement extends the US borrowing limit until 2025 and imposes new restrictions on government spending for the next two years. This introduces greater fiscal policy constraints in the United

Finance

Jun 2, 2023

Understanding the Indian Tax System for Businesses-thumnail

Understanding the Indian Tax System for Businesses

Introduction to the Indian Tax System for Businesses:  The Tax system of India is as complex and complicated as the legal laws of the country. This is a multi-layered system

Business

May 31, 2023

Madhabi Puri Buch, the chairman of the Sebi, is adamant about establishing an ethical council to oversee wrongdoing in the MF industry-thumnail

Madhabi Puri Buch, the chairman of the Sebi, is adamant about establishing an ethical council to oversee wrongdoing in the MF industry

Madhabi Puri Buch stated during the launch of the Association of Mutual Funds in India’s new office in Mumbai’s Bandra-Kurla complex that if the AMFI fails to adopt self-regulation measures,

Finance

May 31, 2023

Startups in stock brokerage Groww and Upstox are looking into lending and payments to broaden their revenue stream-thumnail

Startups in stock brokerage Groww and Upstox are looking into lending and payments to broaden their revenue stream

Growing their credit operations are Groww and Upstox, two significant challenger brands in the broking industry, according to sources. The ultimate goal is to keep clients who come to the

Finance

May 31, 2023

The Impact of Interest Rates on Business Financing: How to Prepare for Changes-thumnail

The Impact of Interest Rates on Business Financing: How to Prepare for Changes

The amounts that the lender charges the borrower over and above the principal amount are known as the interest rates and the Impact of Interest Rates on Business Financing is

Business

May 30, 2023

Reinforcing Trust in Non-Banking Financial Companies: RBI’s Regulatory Focus in 2023-24-thumnail

Reinforcing Trust in Non-Banking Financial Companies: RBI’s Regulatory Focus in 2023-24

The Reserve Bank of India (RBI) has outlined its plans to strengthen the regulations governing non-banking financial companies (NBFCs) during the fiscal year 2023-24, with a particular emphasis on examining

Automation

May 30, 2023

According to the report, GQG Partners has made another $500 million investment in Adani Group Enterprises-thumnail

According to the report, GQG Partners has made another $500 million investment in Adani Group Enterprises

GQG Partners invested Rs 15,446 crore ($1.87 billion then) in Adani Enterprises (Rs 5,460 crore), Adani Ports & SEZ (Rs 5,282 crore), Adani Transmission (Rs 1,898 crore), and Adani Green

Finance

May 30, 2023


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