Reserve Bank cuts repo rate again

Reserve Bank cuts repo rate again

The Reserve Bank has cut the repo rate again, and with US President Trump’s reciprocal tax hike coming into effect from yesterday, the Reserve Bank has lowered the country’s economic growth forecast for the current fiscal year from 6.70 percent to 6.50 percent. What is the benefit of a repo rate cut At the end … Read more

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Credit card balance increases by 28% rbi reports

Credit card balance increases by 28% rbi reports

New Delhi, Apr. 8- Credit card loan outstandings have increased by 28 percent to Rs 6,742 crore in the last year, the Reserve Bank of India (RBI) said. what happens if you don’t pay your credit card loan Credit card usage has increased in the last three years due to increased consumer spending and use … Read more

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Middle-Income Home Loans Surge

Middle-Income Home Loans Surge

New Delhi:Home loan availability increases by 14 percent, with middle-income groups leading the way, The NHB report states that Housing loans in the country have increased by 14 percent, with the total outstanding loans standing at Rs 33.53 lakh crore as of September last year, the National Housing Bank (NHB) has said. Housing loans in … Read more

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What are the new changes in Indian passport?

What are the new changes in Indian passport?

What are the 4 changes made by the Central Government in the Indian passport application rules? What is the new update for passport 2025 Chennai, March 12-The Central Government has made four major changes in the passport application rules. The details are as follows: Birth Certificate For those born after October 1, 2023, only the … Read more

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Is the toy industry growing in India

Is the toy industry growing in India

New Delhi: Is the toy industry growing in India, The Indian toy industry is on a strong growth path due to the significant policies of the central government, Punjab National Bank said in its report The quality of toys was ensured through the implementation of quality control orders in 2020. It also increased import duties … Read more

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How much does the UK invest in India

How much does the UK invest in India

New Delhi: How much does the UK invest in India , Britain has announced 17 new export and investment projects with India. British government announces new investments in India British Trade Minister Jonathan Reynolds and Investment Minister Bobby Gustafson, who were on a visit to India, made the announcements. However, details of the agreements related … Read more

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what attracted European trading to India

what attracted European trading to India

Brussels: what attracted European trading to India , The European Union is planning to enhance cooperation with India in various sectors. What are the reasons for the Europeans to come? The second bilateral Trade and Technology Council meeting in Delhi on Friday is expected to feature various announcements related to trade, electric vehicles and artificial … Read more

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What are the benefits of reduction in custom duties

What are the benefits of reduction in custom duties

What are the benefits of reduction in custom duties, For India’s own benefit, it is necessary to reduce the duty on imported goods. Reducing import duty is good for India Imposing duty on goods from other countries does not protect any country. Therefore, it is better to reduce the duty regardless of who is asking … Read more

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