Over 4,000 NBFC regulatory updates are published by more than 2,000 websites every year. This makes it impossible for a compliance officer to keep track.
RBI report shows states’ capital expenditure was budgeted to grow by 38.4% in FY 22-23, but actual spending registered a year-on-year growth of only 0.9% in Apr-Oct 2022.
States have seen stronger revenues and have been prudent with their expenditure, leading to better deficit ratios. But capex needs to increase & debt needs to reduce.
The government has merged several public sector banks to improve profitability. But users have not been informed of the complications these mergers have caused.
It is now clear that the 2016 demonetisation was more an avoidance of representatives and creation of a fig leaf of legitimacy by exerting pressure on the RBI.
Watch Dr. Krishnamurthy Subramanian, India's former Chief Economic Advisor & Executive Director at the IMF, talk about the state of Indian economy, RBI, nuances...
To finance clean projects, the RBI will auction 5-year and 10-year green bonds worth 40 billion rupees each in what will be a uniform price auction, the central bank said.
Speaking at an event organised by the International Monetary Fund (IMF), Das said policy challenges for the region have accentuated due to the Covid-19 pandemic & the war in Ukraine.
The US House has effectively drawn a line in the sand and approved the release of the Epstein files despite President Trump's efforts to stop it from happening.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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