Indian Economy Contracted By -7.3 % In FY 2020-21; Q4 GDP Growth At 1.6 %: Govt
The fiscal deficit has been projected at 9.3% of GDP in 2020-21, down from the revised estimate of 9.5% Official data by the government released...
Category : Business & Finance
RBI Approves Transfer Of Rs 99,122 Crores To Centre As Surplus
Last year, the apex bank transferred Rs 57,128 crore as surplus to the government for the accounting year 2019-20. The Reserve Bank of India’s (RBI)...
Who Do We Trust?
The pandemic has transformed and tested the world, with each new covid wave testing our resilience, determination, and tenacity to fight back. The Fortune magazine...
Business Tit-Bits: Managing The System
With his string of failed ventures, C. Sivasankaran has also been mired in numerous violations and illegalities, frauds and banking crimes. Due to the...
RBI Announces Loan Restructuring For Small Businesses, MSMEs
Individuals, small business and micro, small and medium enterprises (MSMEs) having exposure of up to ₹ 25 crores, who did not avail restructuring earlier and...
Citigroup To Exit Retail Banking In India And 12 Other Countries
The next big task for Citigroup now is to find a suitable buyer who has the financial bandwidth to keep the business running and also...
Netas And ITD, ED, CBI, SFIO
The recent CBI raids on Abhishek Banerjee, the nephew of Mamata Banerjee and Anup Majhi, the coal mafia don of West Bengal, and the Income...
A Global Minimum Tax
With zero/low tax rates being the chief attraction/reason why profits and investments have copiously flown into tax havens, nations have been cutting their tax rates,...
IIP Contracts By 3.6% In Feb, Retail Inflation Soars To 5.5%
The IIP continued to contract in the fiscal year 2020-21, with the industrial sector contracting by -11.3 per cent compared to the 1% growth it...
Dalal Street Bloodbath: Sensex Plunges More Than 1600 Points Amid Fears of Lockdown Due To Rising Covid-19 Cases
Today, on the first day of the week, the BSE Sensex was seen trading at a level of 48,786.03, falling by 805.29 in the morning,...