New Delhi: RBI When individuals, small and micro enterprises try to repay their loans early, banks impose penalties. The Reserve Bank of India has urged banks to allow early repayment of loans without any penalty. The Reserve Bank has also released a draft regulation in this regard. What is the new RBI rule for loans? … Read more
A study has revealed that Indians pay a third of their salary as loan installments, known as EMIs. How do Indians spend their money A recent study by PwC and Perbios has revealed how Indians spend their money. The study surveyed 3 million people using financial technology services, non-bank financial institutions and other digital platforms. … Read more
The country’s export value has also declined in January for the third consecutive month. Why India’s exports are declining India’s exports fell 2.38 percent to Rs 3.17 lakh crore last month, the Union Commerce Ministry said. At the same time, imports rose 10.28 percent to Rs 5.17 lakh crore. This was mainly due to an … Read more
New Delhi: The contribution of the beer industry to the country’s GDP in 2023 was Rs 92,324 crore, a study has revealed. Beer production sector contributes Rs. 92,000 crore to the country’s GDP The beer manufacturing sector contributes Rs 92,000 crore to the country’s GDP. This is a significant contribution to the country’s economy. The … Read more
How can I reduce my home loan amount, There are various ways to reduce the cost of a home loan, including seeking a shorter loan term. Which bank is very low interest rate When trying to buy your own home, you need to plan the home loan process properly. From choosing the right bank to … Read more
Mumbai, Feb 8: The Reserve Bank of India (RBI) has announced a much-awaited repo rate cut for the past five years. The short-term lending rate of banks has been reduced by 0.25 percent to 6.25 percent. Its results were released yesterday. What is the expectation of RBI rate cut India This means that banks are … Read more
Internationally, can’t major commodities like crude oil be traded in US dollars? Why is trade done in US dollars It can be freely converted. It is enough to get the right answer to the question of what is the benefit of it. For many years, the dollar has been the reserve currency and trading currency … Read more
New Delhi, The central government has announced a new loan guarantee scheme called MCGS for small, micro and medium enterprises. In this, companies can get loans without collateral What is the new credit guarantee scheme for MSME? The National Credit Guarantee Corporation will guarantee up to 60 percent of the loans of small businesses in … Read more
When the British ruled India, they took away assets worth 5,500 lakh crore rupees from 5,500 countries between 1765 and 1900, according to a report released by the human rights organization Oxfam International. How much did Britain take from India The annual meeting of the ‘World Economic Forum’, one of the world’s economic organizations, has … Read more
New Delhi,India’s fiscal deficit is expected to continue to decline in the coming years on the back of strong tax revenues, and India is expected to continue to be the fastest growing major economy with an economic growth rate of 6.70 per cent in the next two fiscal years, What happens if the fiscal deficit … Read more