New Delhi: The country’s wholesale price inflation has declined to 1.89 percent in November, the lowest in the last three months, the Union Commerce Ministry said. It is noteworthy that wholesale price inflation was 2.36 percent in October and 0.39 percent in November last year. The main reason for the decline in inflation was the […]
Wholesale price inflation drops to 1.89% in November Read More »
It is important to understand the financial implications of late payments and the need to pay monthly installments and bills on time. Contents Your credit score is now essential.Favorable loan informationRecovery may be difficult.Your credit score is now essential. For the middle class, it is very important to follow a monthly budget and not to
Financial consequences of late payments Read More »
New Delhi, Dec. 1- 6.30% in 10 years, The number of low-wage workers in India has declined by 6.30% in the last 10 years, the International Labour Organization (ILO) has said in its report. Contents The international OrganizationThe international Organization The International Labour Organization (ILO) on the 28th released a report titled ‘Global Wage Report
Number of low wage workers is declining Read More »
New Delhi, Nov. 30- In the second quarter of the current financial year, from July to September, the country’s economic growth has slowed to 5.40 percent. While the Reserve Bank had predicted that the country’s growth would be 7 percent in this quarter, the official data released by the National Statistics Office yesterday showed a
Growth in September quarter falls to lowest in 7 quarters Read More »
New Delhi, The Union Ministry of Statistics and Programme Implementation is planning to use online retail prices, data usage and tourism expenditure as alternative sources of information to track the economic situation of the country. Contents New method of calculating retail price inflation, House Price Index Increases by 4.30 PercentNew method of calculating retail price
Retail Price Inflation to be Calculated in a new way Read More »
Mumbai, The Reserve Bank of India has instructed banks not to freeze bank accounts from which pension and government subsidies are received, for any reason. Speaking to the directors of private banks in this regard, RBI Deputy Governor Swaminathan said, It is necessary to obtain the Know Your Customer (KYC) procedure. Bank accounts from which
Bank accounts of pensioners and subsidy recipients should not be frozen Read More »
New Delhi, The Indian rupee fell to a record low of Rs 84.41 against the dollar in foreign exchange trading yesterday. The rupee appreciated by 9 paise as the Reserve Bank of India (RBI) asked banks to refrain from speculating against the country’s currency. Since the US presidential election is approaching, the dollar has started
The Indian rupee has fallen to an all-time low Read More »
The question has arisen whether those who earn income above the income tax exemption limit but fail to file their returns will be arrested under the new rules to be implemented in the revision of the Income Tax Act. Contents While presenting the Budget last July,While presenting the Budget last July, Finance Minister Nirmala Sitharaman
Arrest if income tax return is not filed Read More »
BEIJING (Reuters) – China’s economy grew by just 4.58 per cent in the July-September quarter, the slowest in a year, raising doubts about whether the country will achieve its current forecast of 5 per cent growth in the current fiscal year. Contents China is the second largest economy in the world.China is the second largest
China’s economy is weaker than expected Read More »
Talks with Reserve Bank to reduce cash reserve ratio, Dinesh Kara, Chairman of SBI Bank, said that they are in talks with the Reserve Bank of India to reduce the cash reserve ratio for green deposits. The cash reserve ratio is the minimum security amount that every bank has to pay with the RBI against
Talks with Reserve Bank to reduce cash reserve ratio. Read More »
