RBI’s Attempts to De-Risk Banking Sector, Congestion for Fund Flow

A regulation made by the Reserve Bank of India (RBI) was meant…

Will Divestment in Public Sector Companies Improve Our Economy?

The government on 20 November 2019 announced that it is willing to…

What’s Making India’s GDP Go Down from 6.1% to 5%?

The GDP growth forecast for the second quarter may further be reduced…

Tax liability on interest received on NRE accounts for NRIs upon return

Individuals not residing in India maintain a Non-Resident External (NRE) bank account.…
State Bank of India

SBI report suggests tax exemption for income from SCSS

Senior Citizen Savings Scheme (SCSS) is a regular income scheme for senior…

Rupee Opens at Two-Month Low on Weak US Economic Data

On Wednesday, the Indian currency opened at Rs.71.78 before touching at Rs.71.79…

IIP numbers indicating economic growth could be below 5% for Q2 of FY20

The Index of Industrial Production (IIP) for the September 2019 quarter shrank…

First Week of November 2019 Saw FPIs Infusing Rs 12,000 Crore

The rallying of markets has attracted overseas investors who have infused more…

Have the Repo Rate Cut and Low MCLR Attracted Loan Seekers?

The Reserve Bank of India (RBI) has consecutively slashed repo rates five…