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
Can I get a credit card after I retire Generally, credit cards are not issued to people over 60 years of age. However, some banks even issue them up to the age of 70. Can a retired person apply for a credit card The basis of a credit card is to assess whether the person … 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
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
Unexpected financial crises can happen to anyone at any time. In times of crisis, an emergency fund comes in handy to meet essential expenses.That is why it is constantly emphasized that it is necessary to create and maintain an emergency fund. Can I use a credit card for emergencies? Some people may try to use … Read more
Since various types of cyber crimes are taking place on the internet, one should be cautious during online transactions. With cyber criminals coming in various forms, stealing and forgery of individuals’ PAN cards, Aadhaar numbers, etc. has also increased. Recently, a fraudster in the state of Chhattisgarh received government assistance in the name of well-known … Read more
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 … 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. The international Organization The International Labour Organization (ILO) on the 28th released a report titled ‘Global Wage Report 2024-25: Is wage … 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 … Read more