The feel-good cheer, however, ends with headline number as the sub-components of GDP made uneven contributions.
30 Nov 2023
South India is leading in terms of personal loan growth, while Mumbai -- home to a large number of corporate headquarters -- leads in deposits
18 Nov 2023
Assuming credit remains fixed at FY20 levels, interest costs in FY24 will likely be Rs 9.91 lakh crore, which is Rs 25,000 crore less than Rs 10.16 lakh crore paid in FY20.
06 Nov 2023
A paper by National Institute of Public Finance and Policy suggests that bringing goods like foodgrains, milk, transport and healthcare under GST will not hurt the poor as much as the rich
01 Nov 2023
"The need of the hour is robust risk management and stronger underwriting standards," RBI Governor Shaktikanta Das said in his monetary policy statement on Friday.
27 Oct 2023
An analysis of RBI's own data reveals that a substantial chunk of the 250 bps increase in interest rate by the central bank is yet to find its way to the borrowers and depositors
07 Oct 2023
India see threats from a loaded triple-barreled gun of higher global crude oil prices, price rise and other external uncertainties affecting rupee and exports.
06 Oct 2023
For the fourth consecutive time, the apex bank might keep the repo rate unchanged at 6.5%
03 Oct 2023
The report by RBI economists points out that while switching back to the old pension system may yield some short-term benefits, the scheme may end up costing four time as much in the long term
27 Sep 2023
Loans to individuals and the service sector are now No.1 and No.2, as industrial credit demand has shown clear signs of a slowdown
16 Sep 2023
While the headline number is lower than the anticipated 8%, the sub-components are a mixed bag. Here's the overall sketch.
31 Aug 2023
Wall Street relieved Jerome Powell dropped no bombs in Jackson Hole, but how long can the optimism last?
The Street got no assurance of rate-cuts, or even a pause, from Jerome Powell at Jackson Hole on Friday. But for now, it seems to be happy that the Fed chair dropped no bombs like he did last year.
27 Aug 2023
If the beginning of 2023 held optimism about a rapid recovery, latest data dispatches make only one thing clear: the numbers aren't with them.
18 Aug 2023
Headline inflation soared to 7.4% in July led by food prices that are back in the double-digit zone at 11.51%. Just a month ago in June, inflation stood at 4.8%.
15 Aug 2023
Until now, markets were asking when will rate cuts begin? Following Thursday's policy statement, the question is if rate hikes will make a comeback.
10 Aug 2023