Day: June 1, 2022

Clipped from: https://www.business-standard.com/article/finance/mudra-loans-worth-rs-36-578-cr-sanctioned-to-5-4-mn-borrowers-in-april-may-122053101011_1.html A total of Rs 19.22 trillion loans have been sanctioned to 353 million borrowers under the scheme in seven years since inception About

lipped from: https://www.business-standard.com/article/finance/credit-offtake-remains-robust-in-april-across-sectors-shows-rbi-data-122053101547_1.html Loans to medium-sized industries gerew 53.5% this April as compared with 44.8% a year ago Illustration: Ajay mohanty Building on the momentum in

Clipped from: https://www.business-standard.com/article/economy-policy/imf-may-lower-india-s-gdp-growth-projection-for-2022-to-below-8-2-122053101281_1.html The IMF had cut India’s gross domestic product (GDP) growth projection for 2022 to 8.2 per cent from 9 per cent in its

lipped from: https://www.business-standard.com/article/economy-policy/india-s-per-capita-income-remains-below-pre-covid-level-in-2021-22-122053101435_1.html However, the per capita income based on Net National Income (NNI) at constant price grew by 7.5 per cent in FY22 over the

Clipped from: https://www.business-standard.com/article/economy-policy/govt-releases-rs-86-912-cr-to-states-clears-entire-gst-compensation-dues-122053101772_1.html To meet the shortfall in GST compensation to states, the Centre said that it borrowed Rs 1.59 trillion in FY22 and Rs 1.1

lipped from: https://www.business-standard.com/article/economy-policy/revenue-spend-may-be-cut-to-limit-slippage-finance-secretary-tv-somanathan-122060100031_1.html To compensate for impact of over Rs 1.5 trn on account of measures announced to rein in inflation, including cut in fuel prices

Clipped from: https://www.business-standard.com/article/companies/two-years-on-not-one-indian-app-within-reach-of-tiktok-s-popularity-122053101159_1.html A BS analysis shows no Indian app has been able to garner as many unique visitors as TikTok did before it was banned

lipped from: https://www.business-standard.com/article/economy-policy/india-s-gdp-grows-4-1-in-q4-8-7-in-fy22-govt-data-122053101161_1.html Manufacturing sector contracts in March quarter due to supply disruptions (Photo: Reuters) India’s economy grew 4.1 per cent year-on-year in the January-March period

lipped from: https://www.business-standard.com/article/markets/may-sees-worst-fpi-sell-off-in-over-two-years-at-rs-44-000-crore-122060100014_1.html The sell-off in May is also the second-highest monthly outflows recorded in the domestic market since 1993 Illustration Foreign portfolio investors (FPIs) continued their

Clipped from: https://www.business-standard.com/article/economy-policy/excess-liquidity-in-india-s-banking-system-back-to-pre-covid-levels-122060100018_1.html A section of the market sees further liquidity tightening measures from the RBI in the June review of the monetary policy Imaging: Ajay