India’s equity market continues to hit new highs despite various global concerns, including a civil unrest in China that led to noticeable decline in key Asian markets.
E-commerce giant Amazon is shutting down its wholesale e-commerce website for neighbourhood stores - Amazon Distribution.
S&P Global Ratings has further slashed India’s economic growth projection to 7% for FY23 due to global slowdown, geopolitical tension between Russia and Ukraine and inflationary pressure.
Economists also recommended the government continue its capital expenditure strategy. In the 2022 budget, Sitharaman announced a 35% jump in capital expenditure to Rs 7.5 lakh crore.
The report also highlights common trends observed in crypto scams that users should be aware of.
RBI says credit growth remained broad-based as all population groups, bank groups recorded double-digit growth
“Currently complaints are reported against unregistered telemarketers (UTMs) where a surge has been seen in various kinds of Unsolicited Commercial Communications (UCC) SMSes.
Besides capex, auto component manufacturers are also expected to scale up their investments to support their customers.” He added,
With this, the total dividend received by the government from Central Public Sector Enterprises (CPSEs) in current fiscal stands at Rs 23,797 crore.
A report claimed that someone is allegedly selling mobile phone numbers of nearly 500 million WhatsApp users. It contained WhatsApp user data from 84 countries.
India has progressed towards meeting sustainable development goals but there is considerable ground to be covered, particularly across domains like health and education.
Earlier, the ED was permitted to share data with only 10 agencies, including CBI, RBI, Sebi, IRDAI, Intelligence Bureau, and Financial Intelligence Unit (FIU), among others.
The total dividend receipt from all CPSEs (Central Public Sector Enterprises) so far this fiscal reached Rs 23,797 crore.
According to the official data, the total paddy purchase has increased to 306.06 lakh tonnes till November 27 of the 2022-23 Kharif marketing season from 280.51 lakh tonnes in the year-ago period.
Rising numbers of COVID cases could further disrupt manufacturing and transport, adding to headaches over supply chains and inflation.