As Dollar Falls Off 2-Decade Highs, Rupee Rises Sharply From An All-Time Low
The rupee recovered substantially as the dollar fell from two-decade highs, despite the US Federal Reserve’s largest rate hike since 1994. The rupee soared, rebounding...
Category : Business & Finance
Super Rich Look To Migrate To Greener Shores: 8,000+ High Net Worth Individuals To Leave India This Year
2018 Henley Global Citizens Report predicts: According to the 2018 Henley Global Citizen Reports as many as 8,000 high-net-worth individuals are estimated to leave the...
RBI Hikes Rates, Here Is What You Need To Know
by Shashank
Interest rates on term loans such as houses, cars, and personal are linked with the external benchmark including the repo rate The Reserve Bank of...
RBI Increases Repo Rate, Loans To Get Costlier Now
by Aleesha Sam
The Reserve Bank of India raised its key repo rate by 50 basis points on Wednesday, taking the rate to 4.9 per cent. New Delhi:...
Featured LIC Debacle Continues As Shares Hit New Low With Drop In Valuation
by Tejas Joshi
The stock of Life Insurance Corporation of India (LIC), the country’s largest insurer and domestic financial investor, fell from 2.86 percent to a new low...
More ‘Bure Din’ For Salaried Class As EPFO Cuts Interest Rate To Four Decades Low Of 8.1%
by Tejas Joshi
EPFO proposed to cut the interest rate on provident fund deposits from 8.5% to 8.1% for 2021-22....
Will Government Steps Tame Runaway Inflation?
by Arun Kumar
In November 2021 the government had cut taxes on petro goods to bring down their prices. Now the government has again cut these taxes in...
Earning Rs 25,000 A Month? You Fall In Top 10% Wage Earners In India
by Tejas Joshi
People who earn an average of ₹ 25,000 per month reside in the top 10 per cent of the total wages earned bracket, which accounts...
Sensex Plunges Over 1,100 Points As Weak Global Cues, Nifty Below 15,950
by Aleesha Sam
Indian equities benchmarks fell substantially in early trade on Thursday, owing to negative global market indications....
WPI Inflation Rises Further To 15.08% In April From 14.55% In March
A year ago, WPI inflation was 10.74 percent. Another 10 percent-plus print in April means WPI inflation has extended its stay in double-digit territory to...