Tag Archives: monetary policy

Octoberfest: Manufacturing gathers steam; exports up 42.3% & GST mopup rises 24%

India’s merchandise exports increased for the eleventh consecutive month in October, growing 42.33% on year to $35.47 billion, led by engineering goods, petroleum products and gems and jewellery. Government data released on Monday also showed a 62.48% rise in imports … Continue reading

Posted in Forex | Tagged , , , , , , , , | Leave a comment

Das faces bigger challenge in second term to leave a legacy

Mumbai: Forecasts in financial markets, more often than not, end up being way off the mark. But one forecast that everyone involved in crystal-ball gazing on the Indian economy seems to have got right was the reappointment of Shaktikanta Das … Continue reading

Posted in Investing | Tagged , , , , , , | Leave a comment

Nirmala Sitharaman meets UK, Singapore, Canada FMs; discusses opportunities for collaboration

Finance Minister Nirmala Sitharman on Friday met her counterparts in Singapore and Canada and discussed various issues, including economy, health and opportunities for collaboration. Sitharaman met UK Chancellor of the Exchequer Rishi Sunak, Singapore Finance Minister Lawrence Wong and Canada’s … Continue reading

Posted in Stock price | Tagged , , , , , , , , , , | Leave a comment

Retail inflation for industrial workers eases to 4.41 pc in September

New Delhi, Retail inflation for industrial workers eases to 4.41 per cent in September mainly due to lower prices of certain food items. “Year-on-year inflation for the month (September) stood at 4.41 per cent compared to 4.79 per cent for … Continue reading

Posted in Forex | Tagged , , , , , , , | Leave a comment

Most sectors of economy on way to reach pre-pandemic levels, surpass them: NCAER

Painting a rosy picture of the economy, New Delhi-based think tank NCAER on Thursday said that most of the sectors are on their way to reach pre-pandemic levels and surpass them. “The economic news has been favourable on balance, on … Continue reading

Posted in Stock price | Tagged , , , , , , , | Leave a comment

Axis Mutual Fund launches ‘Axis AAA Bond Plus SDL ETF – 2026 Maturity Fund of Fund’

Axis Mutual Fund has announced the launch of Axis AAA Bond Plus SDL ETF 2026 Maturity FoF. The benchmark index has a maturity date of April 30, 2026. The fund of fund is an extension to the Axis AAA Bond … Continue reading

Posted in Stock price | Tagged , , , , , , | Leave a comment

Investment liberalisation, structural reforms could help deepen India’s integration in global value chains

Further liberalisation aided by structural reforms could help deepen India’s integration in global value chains and its post-pandemic recovery, the International Monetary Fund said on Monday. Alfred Schipke, Director, IMF-STI Regional Training Institute and former IMF India Mission Chief said … Continue reading

Posted in Market | Tagged , , , , , , , | Leave a comment

Impartial audit essential for resilient economy, says Reserve Bank Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens\R. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is … Continue reading

Posted in Forex | Tagged , , , , , , , , , | Leave a comment

ISF seeks lower rate of contribution towards social security for entry-level workers

The Indian Staffing Federation has sought a lower rate of contribution towards social security for entry level workers and reduction in GST rates for staffing firms from the current 18% to 5% arguing that employment services be treated as ‘merit … Continue reading

Posted in Investing | Tagged , , , , , , , , | Leave a comment

Pen makers ask Finance Ministry to reduce GST rate

Mumbai: Pen manufacturers have sought a reduction in goods and services tax (GST), saying the government’s recent move to club all pens under the 18% GST bracket has pushed up cost and hit sales. Earlier, a GST rate of 18% … Continue reading

Posted in PRO | Tagged , , , , , , , , | Leave a comment